Starbucks is making a big move in China. They are teaming up with Boyu Capital, a private equity group based in Hong Kong. This deal will create a joint venture worth $4 billion. Starbucks will keep a 40% stake in their 8, 000 Chinese stores. Boyu Capital will hold up to 60%. This isn't just about
China is making a big change to handle its money problems. They just created a new team to keep an eye on government debt. This is a big deal because China's economy is not growing as fast as before, and they have a lot of debt to manage. The new team will make rules and plans for both national and
Trump's approach to trade with China has been a bit of a rollercoaster. He's been trying to use tariffs to get China to cut down on exports to the U. S. But it's been a bumpy ride, with not much to show for it yet. Let's talk about leverage. In the world of politics, it's all about having power ove
The US and China have taken a step back from their trade war. They have agreed to ease restrictions on some goods. This includes car chips, soybeans, rare minerals, and drugs. The deal came after a meeting between President Xi Jinping and President Donald Trump. They met in South Korea. The White H
Pete Hegseth, the U. S. Defense Secretary, recently spoke in Kuala Lumpur. He highlighted China's growing actions in the South China Sea. These actions are seen as disruptive and threatening by many countries in the region. Hegseth met with defense ministers from Australia, Japan, and the Philippin
In 2024, a study took a close look at the health smarts of college students studying sports in China. It wasn't just about whether they knew the basics. The study dug into three big areas: their health beliefs, their daily habits, and their practical skills. The study checked out six key areas too.
Taiwan's political scene just got a new face. Cheng Li-wun, the newly elected leader of the Kuomintang (KMT), the island's main opposition party, has some big shoes to fill. She's taking over at a time when tensions between Taiwan and China are running high. China sees Taiwan as part of its territor
In a bold move, China's President Xi Jinping proposed the creation of a global AI governing body during the APEC summit. This proposal positions China as a key player in the international AI landscape, offering an alternative to the US's stance on AI regulation. Xi emphasized that this new organizat
Pete Hegseth, the Pentagon chief, recently spoke out against China's actions in the South China Sea, calling them destabilizing. He was in Kuala Lumpur for meetings with allies like Australia, Japan, and the Philippines. Hegseth offered to help Southeast Asian countries by sharing technology to moni
China and NVIDIA are in a bit of a standoff. It's not just about the Blackwell chip. It's about who controls the tech future. China seems to be saying, "Thanks, but no thanks, " to NVIDIA's latest chip. Why? Because they've been cooking up their own tech. Companies like Huawei, Cambricon, and Moore
