China has waived the 125% tariff on ethane imports from the United States imposed earlier this month, two sources with knowledge of the matter said on Tuesday, among a group of products that have been…
Monthly Archives For April 2025
Could Shein’s IPO breathe new life into London’s stock market?
Chinese retailer Shein could be set for a blockbuster IPO on the London Stock Exchange. The listing would be a boon for the exchange, but could prove controversial.
China Market Update: Robotics Ecosystem Outperforms, IPOs Are On The Rise In Hong Kong
Asian equities were mixed but mostly higher overnight as Thailand and Taiwan outperformed while Malaysia and Singapore underperformed.
US tariffs could cost China 5–10 million jobs, ‘onus’ on Beijing, Bessent says
The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese goods to 145%, but scale back reciprocal tariffs on other countries for 90 …
China’s Xi lauds AI progress, meets BRICs bank on Shanghai visit
China’s President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since November …
Bessent says China could lose 10 million jobs from tariffs
U.S. Treasury Secretary Scott Bessent predicted on Tuesday that China could lose 10 million jobs quickly due to tariffs and that Beijing will see over time that Chinese tariffs are not sustainable.
Beijing to invest in blockchain, integrate into infrastructure
Beijing announced a blockchain development plan aiming for widespread industry adoption over the next two years.
China Unicom to deepen digital-intelligence integration, innovation to empower Digital China
China Unicom will step up push to deepen digital-intelligence integration and innovation to empower Digital China construction, said its chairman at the 8th Digital China Summit in Fuzhou, Fujian …
Decathlon plans to sell 30% stake in China business, Bloomberg News reports
French sporting goods retailer Decathlon has started a process to sell about 30% stake in its China business, with a deal potentially valuing the unit at about $1 billion or more, Bloomberg News …
Trump tariff inflation may not materialize if economic outlook dims
While tariffs could raise prices, if they cause a sharp economic downturn or a recession, that in turn could cause demand to fall and prices to cool.
Plunging U.S. imports from China could lead to shortages, experts warn
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
China Asks Drugmakers, Hospitals to Find US Import Substitutes
China has asked some of its state-owned drugmakers to study how they can reduce reliance on the US for pharmaceutical products and raw materials, people familiar with the matter said, as Beijing …
China’s Big Five banks post slimmer margins as economic challenges persist
China’s Big Five lenders on Tuesday reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by a protracted economic slowdown, with rising …
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