The US doubles fees on Chinese semiconductor imports and raises import taxes on Chinese EVs and EV batteries. Some of the new taxes could impact US companies like Tesla.
Monthly Archives For May 2024
Norwegian official stresses opportunities at China International Import Expo
The China International Import Expo (CIIE) offers an exceptional platform for businesses to showcase their latest products and technologies and to promote cooperation and exchange, a Norwegian official said Monday at the 7th CIIE Promotion…
Xinhua Silk Road: Chinese Baijiu maker Wuliangye voted as most-favored Chinese brand by global consumers for third time
Leading Chinese Baijiu maker Wuliangye has been voted as one of the most-favored Chinese brands for the third time in the …
Federation of Shenzhen Industries: 36 Shenzhen Brands Listed In “Brand Finance China 500 2024”
On May 9th, 2024, the 8th Shenzhen (Bay Area) Brand Week and the 2024 China Brand Day Shenzhen Local Feature Event Opening Ceremony were grandly held in Shenzhen, jointly organized by the Federation …
China’s Tencent posts solid revenue growth as ad sales, business services shine
China’s Tencent Holdings posted a 6% rise in first-quarter revenue on Tuesday, beating analyst expectations, as business services and advertising sales delivered strong revenue growth. However, a …
China tech giant Alibaba posts modest yearly revenue growth
Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the …
20 Tigers Die in East China Zoo, Investigation Finds
“Fuyang Zoo seems to have become a grim refuge for animals displaced from the collapsing circus industry,” PETA Asia VP Jason Baker said.
China’s Alibaba Grinds Out Small Gains in a Year of U-Turns
Chinese e-commerce and entertainment giant Alibaba managed to deliver small revenue and net profit gains in a year of strategic setbacks.
Analysis-China’s property ‘whitelist’ lifeline stutters amid sector gloom
When China’s local governments began compiling a “whitelist” of housing projects for loans earlier this year, troubled developers hoped it would open a spigot of credit for a sector that remains a …
Journalist who covered corona in China released or not after 4 years in jail?
The Chinese journalist who reported on the COVID-19 outbreak in early 2020 in Wuhan should normally have been released on Monday, 13 May, after four years in prison. So far, however, there is no trace…
Biden Escalates US Economic War With China
The U.S. has quadrupled tariffs on Chinese-made electric vehicles amid ongoing competition over industry subsidies.
Biden to set huge new tariffs on electric vehicles and other goods from China
The higher tariffs, which have already drawn criticism from China, come as Biden is courting support of working-class voters in the 2024 election.
China vows to take ‘all necessary actions’ in response to Biden’s tariffs
China says it will take “all necessary actions” to protect its rights as US President Joe Biden announced huge tariffs on imports of electric vehicles and other goods from China.
