The EU is expected to announce the results of its probe into China’s EV subsidy policies in May, and import tariffs could jump to 25% from the current 10%. Fears of EU tariff retaliation have…
BUSINESS
Tmall Announces the Launch of Shanghai’s “China Brand Carnival”
Tmall’s “China Brand Carnival” in Shanghai showcased 13 top Chinese brands, blending traditional culture with modern tech, attracting young locals with interactive experiences and artistic …
Accor Leans Into Premium Hotel Brands, Franchising, and China
What’s Accor’s hotel group strategy as of February 2024? An interview with Jean-Jacques Morin, Group Deputy CEO, and Martine Gerow, Group CFO.
China’s food delivery gig workers are driving a $208B business, but couriers have it as bad as factory workers
Despite China’s food delivery business doubling in the last three years to $208B, the gig workers fueling the industry face poor working conditions.
The World Is in for Another China Shock
Propped up by cheap, state-directed loans, Chinese companies are glutting foreign markets with products they can’t sell at home.Some economists see this China shock pushing inflation down even more …
US Lawmaker Flags Surge in Tax-Free Imports From China
Some 1.05 billion shipments entered tax-free under the provision known as the de minimis exemption in 2023, said Mike Gallagher, the Republican chair of the House Select Committee on the Chinese …
Chinese VP calls on China-US business circles to beef up mutual trust
Chinese Vice President Han Zheng on Friday called on the business circles of China and the United States to consolidate the foundation of friendship and mutual trust and expand cooperation areas.
Trump Vows to Boost Reciprocal Tariffs on Imports If Reelected
Donald Trump said he will impose tit-for-tat tariffs if he is reelected president, reiterating one of his isolationist policy goals that has already raised concern at home and overseas.
Back to business as usual this year for China’s Two Sessions, which start on March 4
The meetings are watched for signals about the direction the government will take in the coming year. Read more at straitstimes.com.
The CEO of Yum China Observes That Consumers Are Becoming More ‘rational’ Due to Increased Costs Affecting Dining Budgets
While economists and investors express concerns about China’s low consumer confidence and sluggish economic growth, Yum China’s CEO, Joey Wat, believes that the Chinese consumer has been growing more …
Wall Street Predicts This Crypto Stock Will Rally More Than 100%
Bitcoin (BTCUSD) has come roaring back with a vengeance in 2024, with spot prices surging above $62,000 last week to touch their highest price since late 2021. This rally has been fueled by a …
China’s Two Sessions, which start on March 4, back to business as usual this year
China said it hit a growth of 5.2 per cent last year … But a 5 per cent target could signal more robust stimulus ahead, and help bolster persistently weak business confidence. “Even with multiple…
Is the United States Overestimating China?
Half of all Americans responding to a mid-2023 survey from the Pew Research Center cited China as the biggest risk to the U.S., with Russia trailing in second with 17%. Other surveys, such as from…
