China’s Gen-Z are coming for its malatang … They have rejected their parents’ slavish addiction to European luxury brands and are embracing small local designers and wearing “gross outfits” at work.
BUSINESS
Concerns as China and the US continue to stack up on BTC: What does this mean for Decentralization?
The promise of freedom from centralized entities like governments(China and the US), banks, and other financial institutions fuels the entire cryptocurrency …
U.S. Warns China About Its Exports and Support for Russia
Beijing’s economic policies threaten American workers, Treasury Secretary Janet L. Yellen told Vice Premier He Lifeng in the southern city of Guangzhou.
Accelerated expansion of China’s services industry in March: data
BEIJING, April 6 (Xinhua) — China’s services industry reported accelerated expansion in March 2024, as shown by a rising business activity index which tracks the sector’s performance, latest data …
Yellen calls on China to level field
GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen called on China on Friday to address manufacturing overcapacity that she said risks causing global economic dislocation, and to create a level …
China pushes back on Yellen’s excess capacity stance as meetings run long
China pushed back on U.S. Treasury Secretary Janet Yellen’s call to rein in excess production capacity for clean energy goods, calling it a “pretext” for protectionist U.S. policies, as her meetings …
Chinese manufacturers in Mexico tread on thin ice amid threat of more US barriers
Washington fears that Chinese cars may be able to come over the southern border with zero tariffs under the United States-Mexico-Canada Agreement.
U.S. to Crack Down on Trade ‘Loophole’ Used for China Apparel Shipments
De minimis shipments—low value packages often sent directly to U.S. consumers—will receive heightened scrutiny, including into whether goods are being imported in defiance of a U.S. forced-labor ban, …
Chemical firms feel Chinese import heat, knock Centre’s door for anti-dumping action
Indian chemical and pharmaceutical firms seek anti-dumping probe against Chinese imports due to pricing challenges and market dominance.
Yellen: It’s neither ‘practical nor desirable’ to cut off economic relations with China
U.S. Treasury Secretary Janet Yellen kicked off a five-day trip to China on a geopolitical tightrope: affirming economic ties between the two countries while calling out concerns regarding unfair …
China’s Economic Plans Fail To Measure Up To The Task
Beijing has responded mostly with rhetoric to China’s mounting economic problems, while the small gestures and old patterns it has otherwise offered are insufficient.
Russia-China trade payments are facing months of delays as sanction fear creates a banking shortage
Secondary sanctions are discouraging Chinese banks from working with Moscow, placing pressure on one Russian bank to facilitate trade, Reuters says.
China’s Leading EV Brand Enters the Greek Market
China’s leading electric vehicle (EV) manufacturer, BYDRecently entered the Greek marketPlanning to focus primarily on emerging market Chinese EVs are expanding beyond their home country and into the …
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