Eunice Yoon

Eunice Yoon

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CNBC Beijing bureau chief; covers China economy/companies with market impacts

Trump Declines Xi's Direct Question on Taiwan Defense
SocialMay 15, 2026

Trump Declines Xi's Direct Question on Taiwan Defense

On Air Force One,@POTUS told reporters he refused to directly answer #China President Xi Jinping when asked if the U.S. would defend #Taiwan if China attacked it. “That question was asked to me today,” Trump said as they flew back to...

By Eunice Yoon
China Embraces AI, U.S. Worries; Trump‑Xi Summit Tests Safety Cooperation
SocialMay 12, 2026

China Embraces AI, U.S. Worries; Trump‑Xi Summit Tests Safety Cooperation

“Students and businesses alike are embracing AI in China, while the U.S. worries more about the negative impact. Will that encourage cooperation on AI safety when U.S. President Donald Trump and his Chinese counterpart Xi Jinping meet?” Beijing colleague @chengevelyn...

By Eunice Yoon
McDonald's Thrives in China as Rivals Retreat
SocialMay 11, 2026

McDonald's Thrives in China as Rivals Retreat

"McDonald's left a great first impression for those eating Western fast food for the first time," he said. "Nowadays we have so many options in fast food, Western or Chinese, but for me, 70% of the time, I go to...

By Eunice Yoon
China Hikes Gas to $5/Gallon, Pumps Stay Calm
SocialMay 11, 2026

China Hikes Gas to $5/Gallon, Pumps Stay Calm

#China raised gas prices on May 8 to $4.99/gallon nationally. In Beijing, price at the pump is now $5.15/gallon. No long lines at the pump as there were in the earlier days of the Iran war though. My visit to...

By Eunice Yoon
Trump‑Xi Imagery Hints China Reopens to U
SocialMay 11, 2026

Trump‑Xi Imagery Hints China Reopens to U

The expected images of @realDonaldTrump and Xi together may still send a signal within China that it’s more acceptable again to engage with U.S. businesses, said Michael Hart, @AmCham_China. “Since U.S. military actions earlier this year, Chinese officials have been...

By Eunice Yoon
US Rejects China’s CEO Meetups to Avoid Perceived Closeness
SocialMay 11, 2026

US Rejects China’s CEO Meetups to Avoid Perceived Closeness

The U.S. government declined #China’s invitation to organize industry-specific meetings between senior Chinese leaders and U.S. CEOs, thinking it could make American businesses appear too close to Beijing, according to a U.S. executive with direct knowledge of the arrangements. The...

By Eunice Yoon