Justice Department Sues Casino Mogul Steve Wynn Over Relationship With China

WASHINGTON (AP) — The Justice Department sued longtime Las Vegas casino mogul Steve Wynn on Tuesday to compel him to register as a foreign agent because of lobbying work it says he performed at the behest of the Chinese government during the Trump administration. The department said it had advised Wynn repeatedly over the last … Read more

China signals easing of tech crackdown but don’t expect policy U-turn

China has shown signs of easing its crackdown on the technology sector which has wiped billions of dollars of value from its most prominent companies. But analysts said Beijing’s recent positive rhetoric should not be mistaken for a reversal of policy. “I think the big tech companies will have a grace period for maybe the … Read more

Shanghai declares zero-Covid milestone but residents cast doubt on reopening

Hong Kong CNN † Shanghai officials on Tuesday said they had achieved “zero-Covid at the community level” in what appeared to be a turning point in a heavy-handed and costly campaign to tame an Omicron outbreak – but many residents remain skeptical the city will reopen anytime soon . “Zero-Covid at the community level” means … Read more

China blockchain explainer: What is BSN?

China has made blockchain technology a strategic priority. Blockchain-based Service Network, or BSN, is part of its efforts to boost its capabilities in the sector. Yuichiro Chino | moment | Getty Images Chinese President Xi Jinping has declared that his country needs to “seize the opportunities” presented by blockchain technology. In a speech in 2019, … Read more

G7 warn of Ukraine grain crisis, ask China not to aid Russia

WEISSENHAUS, Germany (AP) — The Group of Seven leading economies warned Saturday that the war in Ukraine is stoking a global food and energy crisis which threatens poor countries, and urgent measures are needed to unblock stores of grain that Russia is preventing from leaving Ukraine. German Foreign Minister Annalena Baerbock, who hosted a meeting … Read more

Biden names envoy to SE Asia bloc, stressing US attention

WASHINGTON (AP) — President Joe Biden on Friday announced he’s nominating one of his top national security aides as ambassador to the Association of Southeast Asian Nations, aiming to underscore his administration’s commitment to the Pacific region. Biden announced his decision to nominate Yohannes Abraham, chief of staff to the White House National Security Council, … Read more

Catholic cardinal, others arrested on Hong Kong security law

HONG KONG (AP) — A 90-year-old Roman Catholic cardinal, a singer and at least two others have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China’s national security, in an action widely condemned as a further sign of Beijing’s erosion of rights in the city. The judgments further expand … Read more

China may chalk up more debt as lockdowns hit the economy

Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy. … Read more

Marcos presidency complicates US efforts to counter China

MANILA, Philippines (AP) — Ferdinand Marcos Jr.’s apparent landslide victory in the Philippine presidential election is giving rise to immediate concerns about a further erosion of democracy in the region, and could complicate American efforts to blunt growing Chinese influence and power in the Pacific. Marcos, the son and namesake of longtime dictator Ferdinand Marcos, … Read more

Shanghai re-tightens on COVID, frustrating trapped residents

BEIJING (AP) — The city of Shanghai is doubling down on pandemic restrictions after a brief period of loosening up, frustrating residents who were hoping a more than monthlong lockdown was finally easing as the number of new cases falls in China’s financial center. Teams in white protective suits have begun entering the homes of … Read more