China’s Economic Slowdown Hits Wages in Traditionally Prosperous Yangtze Delta

China’s economic slowdown is increasingly squeezing incomes even in the country’s traditionally prosperous Yangtze Delta, with workers in the region reporting sharp pay cuts, layoffs, and dwindling job opportunities. Interviews with workers and jobseekers in the region indicate that declining business activities have eroded wages across manufacturing, services, and state-owned sectors. Some workers report that … Read more

Bessent: ‘Nothing Else Matters’ If China Pulls Ahead of US in AI

Treasury Secretary Scott Bessent said the United States cannot afford to fall behind China in artificial intelligence, warning that a Chinese lead would outweigh other U.S. advantages. “Beating China—there is no day after tomorrow if China wins at this,” Bessent said on Sept. 9 at Breitbart News’s “State of the Economy” event in Washington. “If … Read more

US Sanctions Chinese Scam Network After DOJ Interdicts Illegal Online Marketplace

The U.S. government imposed sanctions on Sept. 9 against a Chinese-run online marketplace used to conduct cyber scams after the U.S. Justice Department’s Scam Center Strike Force restrained millions in laundered funds. The Treasury Department’s Office of Foreign Assets Control sanctioned Xinbi Guarantee, a transnational criminal organization and Chinese-language platform. The department said the platform … Read more

Transportation Chief Tells Ford to Cut China Ties and Build in America

The nation’s transportation chief told Ford Motor Co. on Tuesday to back away from Chinese partners and put U.S. plants first in a letter sent to Chief Executive Jim Farley, citing national security concerns and the need for American jobs. But the automaker responded, calling the letter “a wrongheaded attempt to capture headlines.” Transportation Secretary … Read more

US Agencies Accuse China-Based AI Firms of ‘Malicious’ Copying of American Models

Federal cybersecurity and intelligence agencies on Tuesday accused six China-based artificial intelligence companies of running industrial-scale campaigns to extract proprietary features from leading U.S. models. DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun, and Z.AI were all named in the joint advisory. Officials alleged the companies, “likely with Chinese government awareness,” pulled billions of tokens across millions of … Read more

Huawei Goes on Trial Over Alleged Scheme to Steal US Technology

Huawei store in the Huangpu district in Shanghai, on April 2, 2026. Photo by Hector RETAMAL / AFP via Getty Images Huawei Technologies heads to jury selection on Tuesday in a federal racketeering case alleging a years-long scheme to steal U.S. technology and conceal dealings with Iran and North Korea. Jury selection was scheduled before … Read more

US Chip Controls Could Push China to Seek AI Computing Power Overseas: Analyst

As the United States moves to prevent advanced AI chips and servers from reaching China through third countries, Chinese companies may increasingly seek other ways to access the technology. According to Chang Chien-yi, president of the Taiwan Institute of Economic Research and executive director of the Chinese Taipei APEC Study, Chinese companies could turn to … Read more

Trump May Leverage Xi Summit to Secure Major Orders: Analysts

As Chinese leader Xi Jinping’s visit to the United States approaches, U.S. President Donald Trump has downplayed tensions between the two countries in his recent remarks. Analysts who spoke to The Epoch Times said it showed Trump’s diplomatic maneuver to secure big orders from China. Trump told reporters on Sept. 4 that he will hold … Read more