a U.S. tariff on EV imports could raise the price of EVs in the U.S. and is therefore counterproductive for the purpose of inducing a green transition.” Yellen’s trip will run from April 4 to…
BUSINESS
Google sues China crypto app racketeers: Report
Approximately 100,000 users have downloaded these fraudulent apps from Google Play, but the amount of lost user funds remains unknown.
China Electronics Manufacturer’s IPO Mints New Billionaire
Chairman Xiao Hongxing, 57, indirectly holds shares in Delton worth 8.9 billion yuan or $1.2 billion. Founded in 2002, the Guangzhou-headquartered manufacturer specializes in printed circuit boards; …
China-Laos Railway handles 1.38 million tonnes of imports, exports in Q1
KUNMING, April 4 (Xinhua) — During the first quarter of this year, the China-Laos Railway handled some 1.38 million tonnes of import and export goods, up 33.6 percent year on year, a quarterly record …
Janet Yellen set to arrive in China amid overcapacity concerns
Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
China’s EV Wars Heat Up: Chery Launches New Brand To Battle Tesla And Huawei
The first model under this brand will be a plug-in hybrid SUV, equipped with AI technology from domestic firm iFlyTek, reported TechNode. Chery Auto, a state-owned automaker and a partner of Jaguar …
China’s grain imports up in Jan-Feb
BEIJING, April 4 (Xinhua) — China’s grain imports registered steady growth in the first two months of this year, official data showed. The country imported 13.36 million tonnes of grain during the …
Treasury secretary heads to China to talk trade, anti-money laundering and Chinese ‘overproduction’
Treasury Secretary Janet Yellen is heading to a China that is determined to avoid open conflict with the United States …
Can China-US Tensions Propel This Country With A Rich Semiconductor Heritage As The Next Chip Superpower?
As the U.S.-China tech war continues to intensify, Malaysia has emerged as a critical location for semiconductor manufacturing. The country’s well-established infrastructure and skilled labor force …
Yellen “won’t rule out” measures to blunt economic aggression from China
Why it matters: It’s the strongest signal yet that the Biden administration is willing to take dramatic steps to blunt the economic effect of what officials see as subsidized over-production in China …
U.S. and China Continue to Talk, but Economic Divide Remains Wide
Xi Jinping, China’s leader, in San Francisco last November. When he met with a delegation of visiting U.S. business leaders last week, he declared that China remained committed to economic …
A billionaire helped bring ‘3-Body Problem’ to Netflix. His business partner ensured he never lived to see its premiere
Media reports of the meticulously planned murder have gripped China, where it has drawn comparisons online … series about a chemistry teacher who goes into the meth-making business after being …
Exclusive: Beijing nudged Syngenta to withdraw $9 billion Shanghai IPO on market weakness
Chinese authorities nudged Swiss agrichemicals and seeds group Syngenta to withdraw its application for a long-delayed $9 billion IPO in Shanghai on concerns about the impact a sizeable new offering …