China on lashed out at what it called U.S. “coercion” after Panama declined to renew a key infrastructure agreement with Beijing following Washington’s threat to take back the Panama Canal.
Monthly Archives For February 2025
China blames US ‘sabotage’ for Panama’s departure from Belt and Road initiative
China is opposed to U.S. “smearing and sabotage” of the Belt and Road Initiative in Panama through “pressure and coercion”, its foreign ministry said on Friday, after the South American nation decided …
Exclusive-Shein Poised to Slash Valuation to $50 Billion in London IPO, Sources Say
DUBAI/HONG KONG (Reuters) – Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a …
‘Bottom signal’ — Crypto community reacts to McDonald’s ‘Fries’ tweet
McDonald’s fries tweet ignites crypto buzz, sparking debates on market trends and potential company initiatives in the crypto space.
The USAID shutdown could make China more powerful. Beijing is already pouring billions into countries around the world.
The end of USAID could mean more space for China to expand globally. BI analyzed where China invests the most and how it compares to US aid.
What Closing the De Minimis Tariff Loophole for US Imports from China Means
A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along with imposing new 10% tariffs on all Chinese imports as of Feb. 4, US President…
China blacklists Calvin Klein and Tommy Hilfiger owner PVH Corp—here’s why
China has officially blacklisted PVH Corp., the owner of popular brands like Calvin Klein and Tommy Hilfiger, marking an early consequence of President Donald Trump’s trade war. The Chinese government …
China’s January bank lending seen surging, but demand still fragile – Reuters poll
China’s new yuan loans likely surged in January compared to December but still remained below the record level hit a year earlier, a Reuters poll showed on Friday, as subdued credit demand continued …
Trump says China ‘operates’ the Panama Canal – how deep are Beijing’s ties to the key waterway?
Donald Trump has begun his second term as president by ramping up pressure on Panama – threatening to “take back” the Panama Canal and accusing the country of ceding control of the strategically …
China markets: U.S. tariffs are likely to generate ‘quite a bit’ of near-term volatility, strategist says
Jason Lui, head of Asia-Pacific equity and derivative strategy at BNP Paribas, discusses the effects that U.S. tariffs and artificial intelligence might have on the Chinese market.
Year of the Snake begins with bared fangs in Beijing as Trump triggers trade war
As Beijing went back to work on Wednesday after a week off for Chinese New Year, a cold wind began to cut through the capital, picking up speed as the weekend approached. The streets began…
‘China eats the world’ as DeepSeek shows its strength in high-value sectors: Deutsche Bank
DeepSeek’s emergence is a ‘Sputnik moment’ not just for AI, but for China, which is ‘outcompeting the rest of the world’, bank says.
Trump’s Tariffs Require Customs Agents To Check All Mail from China
President Donald Trump announced his promised tariffs on Saturday and paused those levied against Mexico and Canada on Monday for 30 days. In addition to