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BUSINESS

28,000 Silicon Valley Employees Lose Their Jobs Just One Month Into 2024
The trend of downsizing has continued in the tech industry, with big players like Google and Microsoft...
US Adds More Chinese Military-linked Enterprises to ‘Section 1260H’ Entity List, Including Semiconductor
By Cheng Fan, Vision Times Staff Hoping to prevent cutting-edge U.S. technology from being used to...
Containers and cargo vessels at the Qingdao port
China’s International Balance of Payments Records First Deficit Since 2019
In 2023, China's international balance of payments recorded a deficit for the first time in five years...
The Collapse of Evergrande: A Symbol of China’s Deepening Property Crisis, Flailing Economy
In a landmark decision that highlights the ongoing turmoil in China's real estate sector, a Hong Kong...
Hong Kong Feels the Impact as Foreign Investors Vacate China
Major U.S. and other international financial movers are quietly withdrawing from the risky Chinese market...
Toyota Head Questions EV Dominance, Champions Hybrids and Hydrogen Fuel
The chairman and former CEO of Toyota Motor Corporation, Akio Toyoda, has reiterated his company's reluctance...
China Mulls $139 Billion ‘Special Debt Issuance’ to Stimulate Economy, Long-Term Growth
In hopes of salvaging a sputtering economy, China is poised to issue a staggering 1 trillion yuan ($139...
Simmering Tensions: China Sanctions 5 US Defense Firms Over Arms Sales to Taiwan
On Jan. 7, China imposed sanctions on five American defense manufacturers in response to Washington’s...
Tesla, Other EVs Lose Tax Credits as US Hopes to Reduce Dependency on Chinese Batteries
WASHINGTON, D.C. (Reuters) — Many electric vehicles lost eligibility for tax credits of up to $7,500...