China has reportedly tied a tentative minimum-price agreement on French cognac imports to progress in its ongoing dispute with the European Union over tariffs …
BUSINESS
300K orders in 1 hour – Xiaomi piles on Tesla’s China EV struggles with YU7 launch
Xiaomi has thrown down the gauntlet with its latest product debut in the electric vehicle industry. On Thursday, the company revealed that it had received …
Crypto stocks dipped while power generation stocks were up
Midday trading featured some of Wall Street’s biggest movers, led by Nike, whose shares jumped 17%. Power generation companies also rose, while crypto-related stocks suffered from a downturn. Nike …
China Confirms Trade Framework With U.S. to Lift Export Controls
The deal involves loosening exports of rare earths to the United States and the lifting of some restrictions on U.S. goods to China, China’s Ministry of Commerce said.
The U.S. and China Say They Have a Trade Deal. Will It Stick?
A deal could end months of uncertainty about tariffs on China, but questions still remain. Here’s what it means for business owners.
Trump says U.S. has signed a deal with China on trade, without giving details
It was unclear if the deal was different from one Trump announced earlier that he said would help U.S. industries get magnets and rare earth minerals.
China using ‘teapot’ refineries & ghost tankers to dodge U.S. Iran oil sanctions
China has quietly ramped up its imports of Iranian oil, using shadowy shipping tactics and independent “teapot” refineries to work around aggressive U.S.
Treasury secretary reveals ‘peace deals’ with China as rare earth supplies set to flow
President Trump’s trade talks with China has led to “de-escalation,” according to Secretary Bessent who shared new details about the tariff negotiations.
Exclusive: China fashion retailer Shein to file confidentially for Hong Kong IPO in rare move, sources say
China-founded fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings …
China Confirms Breakthrough on Rare-Earth Exports to U.S.
The announcement offered hope of a reprieve on shortages that have hit American industry, and came after President Trump said he signed a deal with China.
New Tariffs on EVs Made in China Impact Non-Chinese Brands, Too
The Biden administration hopes to “level the playing field,” but the tariffs are holding some EVs from established brands back.
China’s Geely appoints new chair of European business, replacing founder Eric Li
China’s Geely Holding (GEELY.UL), the main owner of Volvo Cars , Lotus and other auto brands, has appointed a new board chair at its key European investment company to replace founder Eric Li, it said…
China’s total gold imports via Hong Kong fall 1.5% m/m in May
China’s total gold imports via Hong Kong fell 1.5% in May from April, Hong Kong Census and Statistics Department data showed on Friday. WHY IT’S IMPORTANT As the world’s leading gold consumer, China’s …
