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Business Times is a digital global news publication that provides comprehensive coverage and analysis of the most important business, economic, financial, political and technological issues from China and around the world.
Congress Avoids Shutdown but Faces Legislative Chaos in Trump’s …
1 day ago · Congress narrowly avoided a government shutdown ahead of the holidays, passing a last-minute funding measure to keep the government open until March 14. While the immediate crisis was averted, the deal has set the stage for a tumultuous start to President-elect Donald Trump's return to office. Republicans, despite holding majorities in both chambers, face a daunting array of legislative ...
About Us - btimesonline.com
The Business Times is a trusted source of real-time news, intelligence and analysis on the forces reshaping global and national economy. Business Times, is a digital global news publication which initially founded in 2009 and headquartered in Beijing, and moved the operation to New York City in March, 2020.
Alibaba Sells Intime Retail for $1 Billion, Recording $1.3 Billion Loss
5 days ago · Alibaba Group Holding is set to exit its physical retail business after announcing plans to sell its entire stake in Intime Retail Group for $1 billion, marking a $1.3 billion loss on the deal. The Chinese e-commerce giant's decision reflects its strategic shift to refocus on its core online commerce operations amid mounting competition and challenging market conditions.
Senate Approves Social Security Expansion for Public Workers, …
15 hours ago · The Senate passed the Social Security Fairness Act early Saturday, addressing a decades-long grievance among millions of retired public service workers. The legislation, which now heads to President Joe Biden for approval, promises to boost benefits for those affected by longstanding federal policies that reduced Social Security payments for …
Economy : Business Times
Dec 13, 2024 · "Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office.
China Rejects U.S. Defense Meeting Amid Taiwan Arms Sale Tensions
Nov 21, 2024 · China's refusal to meet with U.S. Defense Secretary Lloyd Austin this week has further strained the already fraught relationship between the two nations' defense leaders. The rejection came as Austin attended the ASEAN Defense Ministers' Meeting-Plus in Laos, an event often used for high-level dialogues. Beijing's decision highlights its protest against a recent $2 billion U.S. arms sale to ...
China Criticizes U.S. for Escalating Ukraine War After Long-Range ...
Nov 19, 2024 · China has strongly criticized the United States' decision to allow Ukraine to use long-range U.S.-supplied missiles to strike targets inside Russia, warning that such a move could exacerbate the conflict and hinder diplomatic efforts for peace.
Beijing Extends Control Over Critical Minerals, Threatening U.S.
Dec 7, 2024 · China's move to ban the sale of key industrial materials to the United States, and to hold foreign firms accountable for re-exporting restricted goods to America, has jolted an already fragile relationship between the world's two largest economies. Beijing's new regulations, announced this week, impose extraterritorial reach similar to that of U.S. and European sanctions, covering Chinese ...
Editorial
Glen has worked as a correspondent and editor in East and Southeast Asia for more than 20 years including stints at the The Wall Street Journal, Dow Jones Newswires and Nikkei Asian Review. He is a keen yet "average" golfer and has developed an interest in hill-country hiking ...