Republican Senator Marco Rubio asked the U.S. Securities and Exchange Commission to block Shein’s bid to list publicly in New York unless the e-tailer makes additional disclosures about its business …
BUSINESS
Chinese EVs stalled by US, EU import controls as analysts warn this is ‘just the beginning’
Moves from the US and European Union to control import of Chinese cars, particularly electric models, seen as first salvo in a larger stand-off Analysts predict more restrictions on the way as …
China to Revise AML Law to Address Risks Associated with Virtual Assets
China is set to revise its outdated Anti-Money-Laundering (AML) law in a bid to tackle the increasing risks associated with virtual assets.
Washington Piles More Troubles On China
Against the already hostile attitude Washington has toward China, these two measures announce to Beijing in yet another way that regardless of the November vote it should expect no interruption in the …
Volkswagen Under Pressure to Ditch Its China Joint Venture as U.S. Impounds Vehicles
Large German manufacturers have expanded their footprints in China, threatening Berlin’s efforts to reduce its economic reliance on the Asian giant.
Japan’s Semiconductor Sales Soar as China Shifts Focus Amid US Sanctions
Last year, the proportion of sales to China of Japanese semiconductor equipment manufacturers saw a drastic increase. This is interpreted as Japanese companies reaping indirect benefits as China, …
China Urges Firms Not To Be ‘Blinded By Lies’ Over Xinjiang Rights Record
China on Thursday urged companies not to be “blinded by lies” about its rights record in Xinjiang, after German automaker Volkswagen said it was discussing the future of its activities in the troubled …
Volkswagen Cars Blocked By US Customs Over Part From China
The United States has banned most imports from Xinjiang, in western China, unless companies offer verifiable proof that production did not involve forced labor. Rights campaigners have for years …
China-Australia relations: Treasury Wine readies to ship Penfolds, Icon bottles once Beijing lifts import tariffs
China is conducting a review into its tariffs on Australian wine, and expectations are rife that levies will be removed next month, with Treasury Wine Estates planning to reallocate stock from other …
China Used to Be the World’s Best Growth Story. Now It’s a Value Play.
Consumer confidence has plummeted, Beijing is focused on security and stability, and global companies and investors are bracing for smaller gains.
What a Viral Post on Giraffes Says About China’s Fed-Up Investors
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
US-China tech war: Dutch chip tool giant ASML says geopolitics, new export curbs remain risks
The firm says it faces new competition from rival companies ‘driven by the ambition of self-sufficiency in the geopolitical context’.
Imported luxury cars such as Audi held by US over banned part linked to forced labor in China
TEMU’S SUPER BOWL ADS SPARK BACKLASH OVER CHINA-BASED FIRM’S FORCED LABOR ALLEGATIONS Under … joint venture with Chinese automaker SAIC “about the future direction of business activities in Xinjiang …