In the ever-evolving long-term competition between the United States and China, it can be easy to lose sight of the quieter but more enduring risks that lie beneath the headlines. Case in point: China’s new sweeping export controls on rare earth magnets and related technologies, tightening its grip on critical inputs for everything from EVs…
Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism. But as retail…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. The fate of TikTok in…
In this pool photograph distributed by the Russian state agency Sputnik, (L-R) Russia’s President Vladimir Putin walks with China’s President Xi Jinping and North Korea’s leader Kim Jong Un before a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing’s Tiananmen Square on September 3,…
TIANJIN, CHINA – SEPTEMBER 01: Indian Prime Minister Narendra Modi talks with Russian President Vladimir Putin(L) and Chinese President Xi jinping ahead of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre on September 1, 2025 in Tianjin, China. (Photo by Suo Takekuma – Pool/Getty Images) Pool | Getty Images…
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firm Cambricon posted record profit in the first half of the year underscoring how local challengers to Nvidia are gaining traction as Beijing looks to boost its domestic industry. Cambricon is among a plethora of…
Labubu toys packaging are seen at a souvenir store in Krakow, Poland on August 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Even Confucius is getting in on China’s “blind box” craze. At the main temple in Beijing to China’s greatest sage, the souvenir shops sell a range of “blind boxes,” gifts packaged in…
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric…
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty Images Fierce price wars in China are hitting industries from cars to food deliveries to solar panels, squeezing profits and worsening the country’s deflationary slide. Though consumers may be lured by ultra-cheap deals, the trade-offs for them…
The global flagship store of Pop Mart, a Chinese toymaker and seller, at Nanjing Road Pedestrian Street on Aug. 16, 2022, in Shanghai, China. Vcg | Visual China Group | Getty Images Shares in Pop Mart International tumbled over 6% on Wednesday, a day after the toymaker issued a bullish first-half earnings forecast. The Beijing-headquartered…
