So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of global economic activity, its tender is used in only 4% of international…
Monthly Archives For September 2025
Mexico to raise tariffs on cars from China to 50% in major overhaul
Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said …
Agents seize hundreds of thousands of illegal vapes smuggled from China in nationwide crackdown
Federal agents have seized illegal vaping products nationwide as the Trump administration cracks down on items often used by teens.
Fauci ordered deletion of emails relevant to COVID-19 origins, Rand Paul alleges
Sen. Rand Paul (R-KY) is calling on Dr. Anthony Fauci to appear again before the Senate after exposing emails from Fauci that conflict with statements he made before Congress. Documents obtained by …
Hegseth tells China in first call that US is not seeking conflict
U.S. Defense Secretary Pete Hegseth held his first conversation with his Chinese counterpart and stressed that the United States does not seek conflict with China, but will protect its vital interests …
China is ditching the dollar at pace
So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of global economic activity, its tender is used in only 4% of international…
China’s state planner vows to improve policies to hit growth target
China’s top economic planner pledged stronger fiscal and monetary measures to stabilize growth and meet the country’s 2025 development goals amid rising internal and external pressures. Zheng Shanjie, …
Chinese EV Onslaught Will Wipe Out Some Western Brands Says CEO Of Chinese Owned Brand
“In the new world, there will be two or three very strong Chinese brands,” Samuelsson added. “That makes the room for the old ones tougher. So this will trigger a (wave of) restructuring. Some …
Zijin Gold targets over $30 billion valuation in Hong Kong IPO, sources say
Zijin Gold International, a wholly-owned unit of China’s mining giant Zijin Mining, is planning to start bookbuilding for its Hong Kong initial public offering next week, targeting a valuation of over …
Synopsys set to wipe out 2025 gains as shares tank on China business woes
(Reuters) -Shares of Synopsys fell nearly 35% on Wednesday, erasing the chip design software provider’s 2025 gains, as Sino-U.S. trade tensions hurt its quarterly revenue and left investors mulling …
China soybean imports at a record high in August, but not from U.S.
China imported a record volume of soybeans for August to build a buffer against possible shortages as a protracted trade war with the U.S. — its second-largest supplier — drags on.
Chinese EV Onslaught Will Wipe Out Some Western Brands Says Chinese-Owned Volvo CEO
Geely recently re-hired ex-Volvo CEO Hakan Samuelsson to lead the marque for the next two years. Volvo is investing heavily in battery-electric and plug-in hybrid-powered models. Its CEO suspects that …
Citi raises Hang Seng Index forecast, citing improved earnings and Beijing support
US bank also says it expects the benchmark gauge to climb to 27,500 by mid-2026 and 28,800 by the end of next year.