China remains a key focus for Standard Chartered Bank (StanChart) and the group’s overall commitment to the country has only increased, says Bill Winters, group chief executive officer of the banking …
Monthly Archives For November 2024
Why Trump tariffs pose a bigger threat to China’s economy this time
A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the world’s second-largest economy.
What Donald Trump’s victory means for China
Chinese assets sold off after the Trump 2.0 outcome, but policymakers should be more prepared this time around. China’s stimulus plans and currency management responses are likely to be the most …
Burger King Eyes Leadership Change for China Business
RBI International CEO Josh Kobza had plenty of positive remarks on Burger King’s performance internationally. He recalled a recent trip to Japan, where he firsthand saw “dramatically” improved …
China Sales Decline for Top Car Multinationals as Local EV Brands Thrive
Foreign carmakers are losing ground in the world’s biggest auto market. As the Chinese market for combustion engine vehicles shrinks, local automakers such as BYD, Geely Holding Group, and Li Auto …
Tech industry fears China will retaliate against Trump’s 60% tariffs
These tariffs are taxes that Americans pay on restricted Chinese goods, imposed by both presidents as a tactic to punish China for unfair trade practices, including technology theft, by hobbling US …
From Taiwan to trade, China braces for more rivalry as Trump claims victory
As Republican Donald Trump claimed victory in the U.S. presidential election, defeating Democrat Kamala Harris, China is bracing for four more years of bitter superpower rivalry over trade, technology …
In China, Elon Musk’s rising star raises hopes for US engagement
The prospect of Musk joining the US cabinet has raised hopes in China that there will be more engagement between Washington and Beijing, with tech billionaires like him playing th …
China pledges support for Myanmar’s political transition
China’s Premier Li Qiang expressed Beijing’s support for Myanmar’s political reconciliation and transition efforts in a meeting with Myanmar’s junta leader on Wednesday, state media reported.
China officially ‘doesn’t care’ about Trump win; unofficially, experts say Beijing is rattled
The official response from Xi Jinping’s communist China to President-elect Trump’s victory was formulaic.”Our policy towards the U.S. is consistent,” foreign ministry spokesperson Mao Ning told …
World leaders congratulate Trump on his historic ‘comeback’ win, cool reactions from Moscow, Beijing
Messages of congratulations began pouring in from political leaders around the world early Wednesday after former President Donald Trump declared victory over Democratic rival Kamala Harris at his West Palm Beach,
Trump could harden Iran oil stance but struggle to stem flow to China, analysts say
Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China,
China’s J-15T Enhanced Carrier-Based Flanker Officially Unveiled
China has publicly unveiled another new combat aircraft, with the arrival of the Shenyang J-15T single-seat carrier-based fighter at Zhuhai Airport for the China International Aviation & Aerospace Exhibition,