Asia - Page 3

China’s Trade Surplus Hits Record $990 Billion

China’s General Administration of Customs announced on Monday that exports for 2024 totaled $3.58 trillion, while imports were $2.59 trillion, creating a $990 billion trade surplus that easily surpassed the previous record of $838 billion in 2022.

a large cargo ship loaded with lots of containers

Five Years After Wuhan, Respiratory Disease Cases Surge in Chinese Hospitals

Multiple international reports in the past week have indicated that hospitals in China are experiencing a surge in the number of patients facing pneumonia or other respiratory conditions, prompting the Chinese government to issue a public notice that traveling to the country is “safe” and the situation is typical for the dead of winter.

A child, accompanied by their parents, sees a doctor at a pediatric department of a hospit

Congress Demands Answers from Treasury Department After Chinese Hacker Attack

Sen. Tim Scott (R-SC), ranking member of the Senate Committee on Banking, Housing and Urban Affairs, and Rep. French Hill (R-AR), vice chair of the House Financial Services Committee, on Thursday wrote to Treasury Secretary Janet Yellen demanding more details of a cyberattack on Treasury’s computer systems allegedly perpetrated by hackers linked to the Chinese government.

U.S. Treasury Secretary Janet Yellen testifies about the Biden Administration's FY2024 fed