The United States government has made a deal with Chinese telecommunications giant ZTE that, once completed, will lift the ban preventing the company from working with American suppliers. The agreement eases tensions in the U.S.-China trade war because the seven-year denial order, which the Trump administration imposed in April after …
Read More »‘China doesn’t need to punish itself for other’s foolish trade policies’: Wall Street warns Beijing against weakening its currency
AP/Emily Wang The Chinese yuan has been sinking to fresh lows versus the dollar. The People’s Bank of China has tolerated the depreciation beyond its own stated exchange-rate policy. But analysts say yuan depreciation as a tool in a trade war would be too costly. Follow the Chinese yuan in …
Read More »Every amazing, strange, and delicious food I tried during an epic 6-week trip to China
With 1.3 billion people and 56 ethnic groups, China has one of the most complex and diverse cuisines in the world. Dozens of different regional cuisines are drastically different from one another with different flavor profiles, ingredients, and cooking methods. On a recent six-week trip to China, I tried to …
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