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South Korean probe tests U.S. willingness to protect its tech giants abroad

South Korea wants to punish its biggest online retailer for a massive data leak. The U.S. is stepping in to shield Coupang, because even though it operates almost entirely in...

© Jung Yeon-je/AFP/Getty Images

A general view shows the logo of South Korean online delivery service Coupang, at a building housing the headquarters of Coupang in Seoul on December 9, 2025. South Korean police raided the Seoul headquarters of e-commerce giant Coupang on December 9, over a recent data leak believed to have affected almost two-thirds of the country's population. (Photo by Jung Yeon-je / AFP via Getty Images)
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China prioritizes investments outside the U.S.

China’s growing distrust of the West is showing in its investment playbook. Only 2.6% of China’s total foreign direct investment announced in 2025 went to North America, according to data...

© Wang Haizhou/Xinhua via Getty Images

Chinese and Saudi guests pose at the NING Service center in Riyadh, which is Catl's largest new energy aftermarket facility outside China.
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Why won’t people buy these tiny electric cars?

Micro EVs are going nowhere, fast. These compact electric cars, typically under 2.5 meters and designed for urban driving with top speeds of up to 100 kilometres (62 miles) an...

© Yan Cong for Rest of World

A tiny car with a passenger sitting inside drives past in Beijing, China on January 19, 2021.
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