Chinese media took aim at Taiwan’s new, longer-range cruise missile.It can reportedly strike well into China with an estimated range up to 930 miles.A Chinese effort to invade Taiwan would be …
Monthly Archives For February 2024
Trump Considers Over 60% Tariff on Chinese Imports if Reelected
In a recent interview with Fox News’ Maria Bartiromo on “Sunday Morning Futures,” former President Donald Trump has reignited the discourse on U.S.-China relations with a proposition that could have …
China’s Steps to Aid Stocks Won’t Fix the Problems. Why They’re a Positive Sign.
Beijing’s latest efforts to stop the rout in the stock market will likely fail, but the fact that authorities are paying increased attention could mean prices are getting close to finding a …
China Never Completely Banned Crypto
Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?
US Treasury team heads to China this week to talk subsidies, economic policies
The Biden administration is sending five senior U.S. Treasury officials to Beijing this week for economic talks that will focus heavily on China’s “non-market” policies that are adding excess …
Estee Lauder to cut jobs on skittish China demand; shares surge 19%
Estee Lauder plans to cut 3% to 5% of its global workforce as the cosmetics giant expands an effort to shore up margins squeezed by Chinese customers cutting back on higher-priced luxury products, sending its…
Estee Lauder to cut jobs on delayed China recovery; shares surge 16%
Estee Lauder will cut about 3% to 5% of its workforce, expanding its efforts to shore up profit margins as a rebound in its China business takes longer.
Estee Lauder’s stock soars as profit beats expectations by a wide margin, and as the business has reached ‘an inflection point’
MARKET PULSE Shares of Estee Lauder Companies soared 10.7% in premarket trading Monday, after the beauty-products company reported fiscal second-quarter profit that beat expectations by a wide margin,
China in the Maghreb: Threading the Needle of Algeria and Morocco
China’s strategy in the Maghreb is challenged by regional rivalries, the need to balance economic and political interests, and the Western Sahara conflict. China faces dilemmas in navigating these …
Donald Trump pledges to impose new China tariffs if re-elected
Donald Trump raised the specter of trade war with China on Sunday after confirming he plans to impose tariffs of 60% or higher on Chinese imports if he wins a second term in the White…
Alcoa’s stock rocked after Trump’s threat of high tariffs on Chinese imports
Donald Trump’s plans to start a trade war with China if he is elected president in November. The aluminum producer’s stock sank 8.7% in afternoon trading to lead a broad selloff in the metals and…
EU rebuffs European solar industry’s plea for emergency help to fight cheap China imports
Use of trade weapons must be ‘weighed against’ bloc’s lofty climate goals that need affordable panels for green transition, says top finance official.
China’s New Currency Playbook
There is little doubt that China rather actively managed its currency in 2023. For a period of time in the fall, the People’s Bank of China’s (PBOC’s) central parity rate, or “fix” – the midpoint…
