SAIC-GM announced that the Buick brand saw its sales increase in May compared to the month before, in addition to being the best sales month so far in 2025.
Monthly Archives For June 2025
US says it broke up effort to bring toxic fungus to Michigan lab from China
Two scientists from China have been charged in Michigan in what the FBI says was an effort to bring a toxic fungus to the U.S.
Former Bank of China Executive: Rise of Stablecoin Poses Policy Challenge for China
Former Bank of China executive Wang Yongli warned the rise of USD stablecoin threatens China’s monetary position and urged deployment.
Rising Stocks And Contracting Economies – Foreboding Financial Setup
China’s Caixin purchasing managers’ index unexpectedly fell in May to 48.3 (sub-50 signals contraction) as US tariffs took a toll on smaller exporters. Click to read.
India’s iron ore imports to trend higher, but it’s no China
The rise of India’s steel sector is touted as a boost for iron ore miners seeking to find new markets as China’s output eases, but the reality is likely to fall short of the hype.
Bitcoin, Ethereum, Dogecoin Rise As China Counters Trump’s Trade Deal Breach Claim: Analyst Says BTC Success Riding On Health Of US Economy
Leading cryptocurrencies climbed on Monday, despite rising trade tensions between the U.S. and China. What Happened: Bitcoin surpassed $106,000 overnight, after fluctuating between $104,000 and …
China rejects Dutch minister’s spying accusation, says tech achievements not ‘stolen’
China denied on Tuesday that its scientific and technological achievements were due to “stolen” intellectual property, after comments by the Dutch defence minister accusing Beijing of intensifying its …
The Tariff Tornado: How Small and Mid-Size Brands Are Holding the Line
Still, many of these businesses are proving that resilience, creativity, and customer connection go a long way.
U.S. tariffs slowed down China’s manufacturing in May
A new survey of Chinese manufacturers released Tuesday showed factory activity shrank in May, dropping to the lowest level in nearly three years after a barrage of tariffs from the Trump …
China can choose to be ‘a reliable partner’ or not: Bessent
The US treasury secretary said the way for China to bolster its economy “is through a level of fiscal stimulus and to stop over-manufacturing”.
Wall Street drifts as financial markets worldwide hold relatively steady
U.S. stocks are drifting, and financial markets worldwide are holding relatively steady as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the …
Treasury Secretary Scott Bessent tells China “be a reliable partner or face global isolation”
Scott Bessent, the US Treasury Secretary, used his appearance at the American Swiss Foundation Leadership Summit in Zurich on Tuesday to send a direct warning …
Pony Stock Tumbles Despite Partnership With Shenzhen-Based Taxi Operator To Deploy Over 1,000 Robotaxis: Retail Defies Pessimism
Pony AI Inc. (PONY) on Monday announced a strategic partnership with Shenzhen Xihu Corporation, the city’s largest taxi operator, to jointly deploy a fleet of more than 1,000 seventh-generation …