Chinese Livestreamers Dream Big

Chinese Livestreamers Dream Big

Chinese livestreamers are using TikTok as a sales platform, targeting American consumers for goods from cosmetics to alternative medicines. TikTok faces possible bans in the United States and Europe over privacy concerns, but that hasn’t slowed down the...
Processor Chip Law Ups Tension with China

Processor Chip Law Ups Tension with China

As processor chip production is encouraged in the United States, China calls the move an attack on international trade. This week, President Biden signed a law which promises billions in grants and aid to those who would invest in U.S.-based chip factories. It is...
U.S. Retail Sector Being Hit Hard by COVID-19

U.S. Retail Sector Being Hit Hard by COVID-19

The growing threat—and, yes, the growing panic—about novel coronavirus, known more familiarly as COVID-19, is going beyond affecting travelers. It’s harming manufacturing in China, too, and that’s harming businesses in the U.S. Eighty percent of smartphones and...
Wuhan Coronavirus Is Having a Ripple Effect on Airlines

Wuhan Coronavirus Is Having a Ripple Effect on Airlines

In 2003, when the world was wracked by both the outbreak of SARS in eastern Asia and the second Gulf War in the Middle East, global air traffic fell by a massive 19 percent. Air travel carriers in the Asia-Pacific areas lost billions in revenue and a large chunk of...