China says it has banned a number of business units of American aviation maker Lockheed Martin Corporation and three of its executives over arms deals with Taiwan, the self-ruling island it claims as …
Monthly Archives For June 2024
Apple’s new China problem: ChatGPT is banned there
Apple is banking on its upcoming AI features to boost iPhone sales especially in China, where demand has been lagging. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned…
China Warns of Potential Trade War as EU Proposes Tariffs on Chinese EV Imports
The European Commission recently suggested imposing tariffs as high as 38.1% on electric vehicle (EV) imports from China, a move that has sparked objections from Beijing, PressTV reported. The decision has strained trade relations, raising…
Experts say Shein’s U.S. IPO is all but dead
A London IPO could, in theory, be easier than a U.S. offering … have helped to make Shein an attractive target for politicians from both parties who want to look tough on Beijing-linked companies.
Explainer: Why isotopic tests raise risks for China-linked Vietnam exports
Vietnamese garment manufacturers using undeclared Chinese cotton inputs risk being caught by isotopic testing.
China Invested More Than $230B Over Last Decade To Develop Its EV Industry, Study Finds
It has been revealed that China has invested a staggering $230.8 billion over the past decade to cultivate its electric car industry.
Car manufacturers in China want 25% import tax on EU vehicles – report
Car manufacturers in China are said to be demanding up to 25% of import taxes on EU rivals. They are reported to have urged authorities in Beijing to take
China warns of possible ‘trade war’ with EU as Germany’s Habeck heads to Beijing
Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany’s economy minister arrived in the Chinese capital with …
China threatens death penalty for ‘diehard’ Taiwan separatists
China on Friday threatened to impose the death penalty in extreme cases for “diehard” Taiwan independence separatists, a ratcheting up of pressure even though Chinese courts have no jurisdiction on …
Top 50 Chinese Brands Abroad Doubled Influence Growth in 2023, Google Says
(Yicai) June 21 — China’s 50 biggest brands, including ByteDance, Shein, and Xiaomi, increased their influence abroad by 17 percent last year, more than double the historical average, despite slowing …
China, Australia to Issue Five-Year Visas to Citizens for Tourism, Business
BEIJING (Reuters) – China and Australia will provide each other’s citizens with multiple-entry visas of up to five years for tourism and business from Friday, the Chinese foreign ministry said, in …
China property recovery elusive despite relief, say S&P, Fitch; others see bright spots
Beijing’s most ambitious attempt yet to support China’s slumping property market was panned by S&P Global and Fitch Ratings, as the two agencies predict more downside for the crisis-hit sector, in …
Philippine business groups make rare statement amid South China Sea tensions
Philippine business groups said on Friday they deplored the harassment of the country’s military, in comments that come after a recent clash between navy personnel and the Chinese coast guard in the …
