LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country’s stock exchange in early May, aiming to raise up to $1.5 billion — a m …
Monthly Archives For April 2025
Beijing’s strong counter tariffs raise the specter of an intense trade war with Washington
In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.
China Social Media Defiant as Beijing Hits Back at Trump Tariffs
Chinese social media users have attacked posts calling for China to accede to Donald Trump’s trade demands, showing defiance after Beijing forcefully retaliated against US tariffs.
How the Pentagon is adapting to China’s technological rise
It’s been just over two months since Kathleen Hicks stepped down as US deputy secretary of defense. As the highest-ranking woman in Pentagon history, Hicks shaped US military posture through an era …
Microsoft venture Wicresoft to halt China operations, lay off staff, report says
Microsoft’s joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on Monday, citing …
China car giant BYD poses major threat to Tesla and Detroit’s Big 3 — and tariffs could make it worse
As the words came out of Trump’s mouth, they were probably drinking champagne in BYD headquarters,” Ives told The Post. “It accelerates BYD’s success.” …
Apple supplier Luxshare says diversification strategy will mitigate impact of Trump tariffs
A total of 157 contractors in mainland China provide Apple with parts or manufacturing, according to the company’s latest supplier list.
‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
Trump Tariffs Live: Asian markets tumble, China calls US duties ‘protectionist bullying’
President Trump’s sweeping tariffs package, and fears of retaliation, have triggered fears of a global recession and spiraling trade war.
China-US blossoming petchem ties could be trade war casualty
The often overlooked yet rapidly expanding petrochemical feedstock trade between the United States and China could become one of the biggest casualties in the two giants’ escalating economic clash.
The world is reeling from Trump’s tariff war. But China plans to ‘turn crisis into opportunity’
As countries around the world scramble to negotiate for relief from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack.
China sovereign fund Huijin buying domestic stocks as market slumps
China’s sovereign fund Central Huijin Investment said on Monday it is increasing holdings in China stocks and will defend market stability – comments that follow a slide in local shares amid fears a …
China Tries to Downplay the Trade War’s Effects on Its Economy
Faced with economic disruption, Beijing is presenting itself as too powerful to succumb to U.S. pressure. It is also censoring criticism at home.