President-elect Donald Trump is making good on his tariff promises, saying Monday he plans to impose them on Mexico, Canada and China in an effort to stop the flow of drugs entering the country and…
Monthly Archives For November 2024
‘No one will win a trade war,’ China says after Trump tariff threat
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all …
China’s Wing Yip Food prices IPO at $4 per ADS
Meat product processing company through its operating subsidiaries in mainland China — Wing Yip Food Holdings (WYHG) priced its initial public offering of 2.05M ADSs at a public offering price of …
China’s Police Are Preying on Small Firms in Search of Cash
The damage to its business had been too great. In the past few years, the Chinese police have been crossing provincial borders to raid companies and milk their books. In China’s official discourse, the practice…
‘Interdependent’: Chinese Ambassador Xiao Qian says ‘no other country’ can replace China as Australian export partner
Chinese Ambassador to Australia Xiao Qian has promoted the necessity of global trade following US President-elect Donald Trump’s announcement of trade tariffs.
China’s Huawei to launch ‘milestone’ smartphone with homegrown OS
Chinese tech giant Huawei will on Tuesday launch its first smartphone equipped with a fully homegrown operating system, a key test in the firm’s fight to challenge the dominance of Western juggernauts …
China Is Snapping Up Cheap Brazilian Soybeans as Trump Returns
Chinese buyers are loading up on Brazilian soybeans from the coming harvest, taking advantage of attractive prices in a move that will also help safeguard supply, at a time when concerns about worsening trade tensions…
Tech Leaks to China Skyrocket: What’s Behind Korea’s Technology Crisis?
South Korea sees a surge in technology leaks, with arrests hitting an all-time high, posing risks to national security and economy.
Legislation introduced to combat financial threats from Chinese Communist Party
The act would “require deeper analysis of potential financial threats from the CCP that may have substantial impacts on the U.S. economy.” …
UBS on track to fully own China securities joint venture
One of UBS’s joint venture partners in China will sell its entire holding in a securities company, paving the way for the Swiss bank to fully own a sizeable securities brokerage in the world’s …
Trump Plans Tariffs on Mexico, Canada and China That Could Cripple Trade
The president-elect said that he would impose the tariff on Day 1 and that it would stay in place until Canada and Mexico halted the flow of drugs and migrants across U.S. borders.
Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade
(Reuters) -U.S. President-elect Donald Trump said on Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods…
‘China’s Digital Yuan Has Failed, and Has Weakened Xi’ – Report
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening power.” …
