Kent International, one of Walmart’s biggest bicycle suppliers, cancelled its new orders from China for April, and it doesn’t have any plans to place new orders in May.
Monthly Archives For May 2025
China’s capital markets under pressure from U.S. tariffs, regulator says
The head of China’s securities regulator said on Wednesday that U.S. tariff policy has brought great pressure to China’s capital markets and will forcefully promote long-term capital into the stock …
China’s Central Bank Cuts Key Interest Rate as US Tariffs Threaten Economy
People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks would be reduced by 0.25 percentage points to 1.5%. The central bank also reduced the …
US and China set to start tariffs talks this week
US and Chinese officials are set to start talks this week to try to deescalate a trade war between the world’s two biggest economies. Chinese Vice Premier He Lifeng will attend the talks in …
U.S. and China plan to hold high-level trade talks in Switzerland this weekend
Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will sit down with Chinese counterparts in Geneva to discuss the trade war.
Trump officials will meet with China, signaling an openness to trade negotiations
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will both travel to Geneva, Switzerlandare scheduled to meet later this week with Chinese representatives on trade and …
US futures bounce on China trade talks
U.S. stock futures bounced and Asian currencies rose on Wednesday, as investors welcomed news of a meeting between top U.S. and Chinese trade officials, set for the weekend in Switzerland, as a chance …
China Learns Valuable Lessons About War With America: Analysts
The Iran-backed Houthis have shown that drones and innovative tactics can pose serious challenges to traditional and expensive naval assets.
How French technology could reduce China’s reliance on imported aluminium ore
A plant in Shanxi is being upgraded so that it can produce aluminium from low-grade bauxite that was previously unusable.
Will China Drop Its Bitcoin Mining Ban Amid Trump’s Tariff Pressure?
The US has overtaken China in Bitcoin mining. Could China’s stance on digital assets shift as its influence wanes?
Huawei reportedly building mega facility in Shenzhen to manufacture Kirin and Ascend chips
Huawei is building a “mega chip facility” in China’s southern city of Shenzhen to produce its Kirin mobile chips and Ascend AI processors, focusing on 7nm …
Beijing mulls new measures to stabilise markets as US tariff war hits
China’s major financial regulators elaborate on how they plan to shore up the economy and markets as US tariffs begin to bite.
Scott Bessent says US doesn’t want to decouple from China ahead of scheduled meeting with Chinese counterpart
Treasury Secretary Scott Bessent gives “The Ingraham Angle” an update on trade negotiations with China and their next talks with Chinese counterparts.
