China’s factory activity likely contracted in April, a Reuters poll showed on Tuesday, as Donald Trump’s “Liberation Day” package of tariffs brought a sudden halt to two months of recovery. A Reuters …
Posts By admin
China’s BYD takes on Tesla with super-fast charging & autonomous driving technology
Canadian Prime Minister Mark Carney has won the country’s federal election Monday night, The Associated Press (AP) reported, marking a stunning resurgence for Canada’s Liberal Party in the wake of U.S …
AstraZeneca says may face further import tax fine from China
AstraZeneca on Tuesday said it had received an opinion from authorities in Shenzhen city of suspected unpaid import taxes of $1.6 million, adding that a fine of one to five times that amount may be…
China Offers Olive Branch to U.S. Firms After Boeing Delivery Halt
Beijing is willing to support normal business cooperation with American firms, China’s commerce ministry said, coming days after Chinese airlines were ordered to stop taking delivery of Boeing aircraft.
Shenzhen lags China in GDP, exports as tech hub preps for tariff wave
The southern metropolis failed to beat the national average, even as exporters locked in early orders to get ahead of US tariffs.
HSBC sees up to $1.6 billion in loss on China bank stake reduction
HSBC said on Tuesday that its stake in Bank of Communications (BOCOM) will drop to about 16% from 19.03%, and it will book a loss of up to $1.6 billion as a result of the…
Chinese airlines and Boeing severely hit by tariffs, Beijing says
BEIJING (Reuters) -Chinese airlines and Boeing have been severely affected by U.S.-imposed tariffs, China’s commerce ministry said on Tuesday, saying it hopes Washington will listen to companies’ …
Beijing will not engage in market dumping, China’s ambassador to India says
China will not dump its goods in other countries due to its trade and tariff war with the U.S., Beijing’s ambassador to India, Xu Feihong, wrote in an article on Tuesday, trying to allay fears…
How China Armed Itself for the Trade War
The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize Chinese society and threaten the Chinese Communist Party’s monopoly on power …
Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test
Companies like Alibaba that built China’s world-leading online shopping sector are now helping its sellers find markets beyond the United States.
FirstFT: China says it can do without US farm and energy imports
We start in Beijing, where China’s top economic officials yesterday used a press conference to reassure the public about the state of the economy amid a trade war with the US. Here’s more on what…
China says its airlines and Boeing have been severely affected by tariffs
Chinese airlines and Boeing have been severely impacted by U.S.-imposed tariffs, disrupting regular trade and investment activities of many businesses, the Chinese commerce ministry said in a …
China issues local gov’t bonds worth 1.24t yuan in Q1
BEIJING — China’s local governments issued new bonds worth nearly 1.24 trillion yuan ($172 billion) in the first quarter of this year, data from the Ministry of Finance showed on Monday. Of the total …
