World Business
China’s New Exports: Hotpot, Bubble Tea, and Sportswear Go Global
Chinese brands in hotpot, bubble tea, and sportswear are rapidly expanding globally, shifting from low-cost manufacturing to recognized consumer brands.
World Business 85 articles
World Business
China’s Chip Drive Undercuts Global Rivals, Reshaping Market Dynamics
China's accelerated push for semiconductor self-reliance, spurred by US curbs, is driving down global chip prices and challenging established players, despite lagging...
World Business
US Chip Curbs Fuel China’s Semiconductor Ambitions
US export restrictions on advanced chips have inadvertently spurred China's drive for semiconductor self-reliance, leading to a focus on "good-enough" technology powering...
World Business
Importers Brace for Tariff Refund Portal Launch, $127B in Claims Expected
Importers are preparing for the April 20 launch of a new federal portal to claim $127 billion in tariff refunds, though many...
World Business
Global Economy Faces Stagflation Threat as War’s Impact Emerges
New business surveys will reveal the full economic toll of seven weeks of Middle East conflict, raising fears of stagflation as growth...
World Business
China’s Clean Tech Exports Soar as Global Energy Crisis Deepens
China's clean technology exports, including batteries, EVs, and solar cells, climbed sharply in March, driven by global energy disruptions from the Iran...
World Business
US Gasoline Prices Top $4 Mark Again
US regular gasoline prices have surpassed $4 a gallon for the first time since 2022, driven by global energy supply disruptions. This...
World Business
US Extends Russian Oil Sanctions Waiver After Bessent Reversal
The U.S. Treasury Department extended a 30-day waiver on Russian oil sanctions, reversing Secretary Scott Bessent's prior stance to ease Iran war...
World Business
US Jury Finds Live Nation Violated Antitrust Laws
A federal jury in New York has ruled that concert giant Live Nation, which owns Ticketmaster, operated as an illegal monopoly. The...