Latest China News

Chill pervades China's tech firms even as crackdown eases

Feb. 02, 2023 23:54 PM EST

HONG KONG (AP) — A grinding crackdown that wiped billions of dollars of value off Chinese technology companies is easing, but the once-freewheeling industry is bracing for much slower growth ahead. Analysts say China’s easing of restrictions on companies like e-commerce giant...

Pentagon: Chinese spy balloon spotted over Western US

Feb. 02, 2023 22:26 PM EST

WASHINGTON (AP) — The U.S. is tracking a suspected Chinese surveillance balloon that has been spotted over U.S. airspace for a couple days, but the Pentagon decided not to shoot it down over concerns of hurting people on the ground, officials said Thursday. The discovery of the balloon puts a...

'A big deal': US, Philippines tighten military ties

Feb. 02, 2023 19:57 PM EST

MANILA, Philippines (AP) — The Philippines said Thursday it was allowing U.S. forces to broaden their footprint in the Southeast Asian nation, the latest Biden administration move strengthening an arc of military alliances in the Indo-Pacific to better counter China, including in any future...

Starbucks misses sales, revenue estimates as China falters

Feb. 02, 2023 18:43 PM EST

Starbucks reported lower-than-expected sales in its fiscal first quarter, with COVID store shutdowns in China overshadowing stronger results elsewhere. Global same-store sales — or sales at stores open at least a year — were up 5% in the October-December period, but that was...

Apple suffers 1st quarterly sales decline in nearly 4 years

Feb. 02, 2023 17:59 PM EST

Apple on Thursday posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season. The company's sales of $117 billion for the October-December period represented a...

How the US is boosting military alliances to counter China

Feb. 02, 2023 16:19 PM EST

WASHINGTON (AP) — The U.S. is expanding it military presence in Asia, in a string of moves aimed at countering Beijing and reassuring Indo-Pacific allies that America will stand with them against threats from China and North Korea. The U.S. actions stretch from Japan to the Solomon...

Hong Kong woos tourists with air tickets and vouchers

Feb. 02, 2023 04:15 AM EST

Hong Kong (AP) — Hong Kong will give away air tickets and vouchers to woo tourists back to the international financial hub, racing to catch up with other popular travel destinations in a fierce regional competition. During the pandemic, the city largely aligned itself with...

Taiwan's Tsai welcomes retired US admiral for China talks

Feb. 02, 2023 02:04 AM EST

TAIPEI, Taiwan (AP) — Taiwan President Tsai Ing-wen on Thursday welcomed the former head of the U.S. Indo-Pacific Command, who had warned the island could face an invasion from China this decade, as the mainland ramps up pressure on the self-governing island. Retired Adm. Phil...

US opens embassy in Solomon Islands to counter China

Feb. 02, 2023 01:50 AM EST

WELLINGTON, New Zealand (AP) — The United States opened an embassy in the Solomon Islands on Thursday in its latest move to counter China's push into the Pacific. The embassy in the capital, Honiara, is starting small, with a chargé d’affaires, a couple of State Department staff...

Today in History: FEB 2, 'American Sniper' Chris Kyle killed

Feb. 02, 2023 00:02 AM EST

Today in History Today is Thursday, Feb. 2, the 33rd day of 2023. There are 332 days left in the year. Today’s Highlight in History: On Feb. 2, 1990, in a dramatic concession to South Africa’s Black majority, President F.W. de Klerk lifted a ban on...