A 100 percent tariff on EVs leads a host of import duties on solar panels, steel, aluminum, EV batteries, and key minerals.
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Biden finalizes increases to some of Trump’s China tariffs
The majority of shipments using this exemption, known as “de minimis,” are coming from China, the White House said. The administration’s change to the trade regulation will make some imports …
China’s IPO and M&A Bankers Start to Regain Their Swagger
Hi it’s Ben Scent in London and Manuel Baigorri in Hong Kong, looking at the signs of deals revival in China. Also today, DSV is finally confirmed as the winner for Deutsche Bahn’s logistics unit…
China unveils plan to boost mobile IoT sector
China had a total of 2.55 billion mobile IoT connections, which represents 59% of its total mobile terminal connections
Beijing bans PwC’s China unit for concealing fraud in Evergrande audit
The authorities in China have banned the accounting firm PwC for six months and fined it over 400 million yuan (€50.86m). The decision comes after regulators found PwC staff hid fraudulent practices …
U.S., EU firms lament record difficulty operating in China
China is facing a near-unprecedented swell of discontent among American and European firms in the country, as its economy slows and political tensions flare, multiple surveys showed this week.
Opinion: China is weaponizing its minerals monopoly
China’s grip on the world’s mineral supply chains is growing tighter, and America’s reliance on Chinese minerals is growing deeper.
China’s Midea to Raise $4 Billion in Hong Kong’s Biggest Listing This Year
Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.
Chinese grumble about Beijing’s decision to hike the retirement age: ‘I’ll just have to bear the three extra years of work’
“Don’t feel too sad, everyone; in 15 years, the retirement age will probably be raised again,” one Chinese netizen wrote.
German warships ignored China’s complaints and sailed through the Taiwan Strait for the first time in over 2 decades
Berlin’s ships passed through the Taiwan Strait for the first time in over 20 years, making it the latest US ally to navigate the tense waters.
Biden Takes Aim at China’s Temu and Shein with Trade Crackdown
The Biden administration will restrict the use of a trade provision that lets China-founded e-commerce giants such as Temu and Shein to more easily ship to the U.S., a move that comes amid a groundswell…
China’s ‘conscientious economist’ goes viral by speaking the truth
Straightforward and critical remarks by Northeast Securities’ chief economist Fu Peng on China’s economy have gone viral on Chinese social media.
China’s ‘conscientious economist’ goes viral by speaking the truth
Straightforward and critical remarks by Northeast Securities’ chief economist Fu Peng on China’s economy have gone viral on Chinese social media.
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