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Biden's Economic Plans Will Help the U.S. Compete With China, Says Former Treasury Secretary
Jacob Lew, Treasury secretary from 2013 to 2017, said China’s Belt and Road Initiative gained traction as the U.S. under Trump retreated from the world stage.
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Here Are the 10 Biggest Economies in the World — Before the Pandemic Vs. Now
The pandemic has shaken up the ranking of the world’s largest economies after sending many countries into their worst economic recessions in recent history.
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Oil Prices Could Be as High as $75 in a Year's Time, Says Oil Expert Dan Yergin
Demand and supply pressures are likely to offset each other in the oil market, said analyst Dan Yergin.
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Xi Says China ‘Will Never Seek Hegemony,' No Matter How Strong It Becomes
Xi also promoted China as a champion for globalization and the multilateral trading system.
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PayPal to Launch Local Wallet in China Focused on Cross-Border Payments
In January, the PayPal became the first foreign firm with 100% ownership of a payments platform in China but has so far been quiet on its plans.
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Wall Street Banks Brace for Digital Dollars as the Next Big Disruptive Force
Led by countries as large as China and as small as the Bahamas, digital money is drawing stronger interest.
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Chile Has One of the World's Best Vaccination Rates. Covid Is Surging There Anyway
A recent surge in coronavirus infections in Chile has sparked concern beyond its borders.
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The New U.S. Plan to Rival China and End Cornering of Market in Rare Earth Metals
The US has long relied on China for rare earth metals, but domestic supply chains are being pursued as climate and technology investments increase under Biden.
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What to Expect Ahead of Biden's Global Climate Change Summit
President Biden is expected to unveil a new carbon emissions reduction target for the Paris climate accord before or during the global climate summit.
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After a Bitcoin Crackdown, China Now Calls It an ‘Investment Alternative' in a Significant Shift in Tone
China called bitcoin an “investment alternative” marking a significant shift in tone after regulators cracked down on cryptocurrency trading in 2017.
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Trip.com Up More Than 4% in Hong Kong IPO; Top Executive Expects ‘Record Number' of China Travelers
Trip.com on Monday saw a strong start to its debut in Hong Kong, with shares jumping more than 4% from their issue price.
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China Is Starting Clinical Trials of a Covid Vaccine That Can Be Inhaled
CEO of CanSino Biologics, Xuefeng Yu, said a vaccine that’s inhaled could be more effective than those injected.
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China May Test Its Digital Currency With Foreign Visitors at the 2022 Beijing Winter Olympics
A trial with foreign visitors at the 2022 Beijing Winter Olympics would be the first test for China’s digital yuan with international users.
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US, China Agree to Cooperate on Climate Crisis With Urgency
The United States and China, the world’s two biggest carbon polluters, have agreed to cooperate to curb climate change with urgency
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Japan, US Showcase Alliance, Resolve in Dealing With China
President Joe Biden and Japan Prime Minister Yoshihide Suga are showcasing the alliance between their two countries as well as their shared resolve in dealing with China
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Market Is ‘Completely Ignoring' Serious Risks Associated With U.S.-China Relations, Asia Expert Stephen Roach Warns
As Wall Street focuses on earnings season, former Morgan Stanley Asia Chairman Stephen Roach sees danger lurking abroad.
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Danish Energy Giant Orsted Is Pivoting to Onshore Wind in New $684 Million Deal
Europe is home to a well-developed wind energy industry encompassing both onshore and offshore installations.
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EU to Consider Ban on Using A.I. for Mass Surveillance and Social Credit Scores
Using AI software for mass surveillance and ranking social behavior could soon be outlawed in Europe, according to draft legislation shared online.
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Sustainable Investing Is Not New to China — But Complying to a Formal Framework Is, Says CEO
Environmental, social and governance frameworks are “relatively new” in China, said Li Yimei of China Asset Management.
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China Could Be One Step Closer to Scrapping Its Controversial Childbirth Limits
Researchers from China’s central bank released a working paper that marks the latest signal Beijing could soon cancel its restrictions as a way to “encourage childbirth.”