Yuan the Conqueror: Chinese currency poised to become global heavyweight, economists say

The global importance of the Chinese yuan seems destined to rise, according to strategists and economists who say flows in the currency will grow over the long term if Beijing continues to gradually open its financial system. The yuan will become more globally important as China further allows foreign capital into the country through selective […]

Tariffs on Chinese rare-earth minerals create a sticky problem for US competitors

Enlarge / A pick-up truck makes its way out of the Mountain Pass open pit mine in California in 2009. (credit: Photo by Jacob Kepler/Bloomberg via Getty Images) President Trump’s tariffs on rare-earth metals from China should have been a boon to the only US rare-earth minerals mine in California. But a recent Wall Street Journal […]

They all look the same? Argentine honor guard mistakes Chinese official for President Xi (VIDEO)

Chinese President Xi Jinping was in for a full-on welcoming ceremony as he arrived in Argentina for the G20 summit. It seemed to kick off a little early, though – as soon as the honor guard saw a Chinese person exit the plane. When the plane door opened, and a Chinese official stepped out, a […]

Chinese scientist claims he edited babies’ genes with CRISPR

A Chinese scientist claims to have created the world’s first genetically-edited babies using the CRISPR/Cas9 tool. He Jiankui (pictured) told the Associated Press that twin girls, Lulu and Nana, were born earlier this month following embryo-editing using CRISPR to disable the CCR5 gene, which allows the HIV virus to infect cells. An American scientist, Michael […]

Chinese facial recognition system confuses bus ad with a jaywalker

There are many criticisms you can level at China’s growing reliance on facial recognition, including its absolute faith in technology: what happens if there’s a false positive? Unfortunately, we just saw an example of that in action. Police in the city of Ningbo have taken corrective action after the facial recognition system at a crosswalk […]

Dolce & Gabbana cancels Shanghai show after ad campaign and founder’s Instagram DMs mocked Chinese culture

Dolce & Gabbana/Instagram Dolce & Gabbana launched an ad campaign featuring a Chinese model eating traditional Italian food with chopsticks. When a woman called out the campaign, the fashion house’s cofounder Stefano Gabbana allegedly responded by calling her “not comfortable in the brain” and saying that Chinese people eat dogs. The woman took screenshots of […]

Drink urine, eat cockroaches: Chinese company's extreme punishments for missed targets (VIDEO)

Managers at a home improvement firm in Southern China have been jailed for cruel and unusual punishment of workers in which staff were flogged and forced to drink urine and eat cockroaches for missing sales targets. The appalling events, which took place in Zunyi, Guizhou province, were captured on video and widely distributed on the […]

Ivanka Trump wins 16 Chinese trademarks despite shutting down her business

Jemal Countess/Getty Images for Lord & Taylor Ivanka Trump’s brand won a slew of new Chinese trademarks in October despite its doors being closed in July. The trademarks were filed for everything from umbrellas to sausages. Critics warn that the trademarks raise questions of continued conflicts of interest. Ivanka Trump, President Donald Trump’s daughter and […]

Side-stepping Tariffs: Tesla Sets Chinese Target of 3,000 Model 3s Per Week

Due to China’s increased tariffs on U.S.-manufactured vehicles, Tesla’s sales have taken a moderate beating there. Like any automaker hoping to move metal within the region, it wants a solution and seems to have come up with one. While there appears to be little hope of the brand’s larger vehicles circumventing the nation’s 40 percent […]