China is a unique country, distinguishing itself from the rest of the world. Unlike many other countries (USA, UK) wher …
BUSINESS
EU to blunt China’s edge on steel, aluminium exports as proposed carbon tax could reach 21%: Goldman
The exact import duty is not yet certain, since it will be offset by any carbon tax mainland China imposes on its own emission intensive sectors by 2026, and the levy will vary according to…
How the internet pushed China’s New Year red packet tradition to the extreme
Chinese tech companies give out millions of dollars in red packets every Lunar New Year. But users have to earn them through a series of complex tasks.
Volkswagen in talks with JV partner over future of business activities in Xinjiang, China
Volkswagen said on Wednesday it is in talks with its joint venture partner in China over the future of its presence in Xinjiang, China, after a report surfaced new allegations of involvement in human …
US manufacturing association pushes back on Biden administration claim that China tariffs spurred job surge
The leader of a trade group is rebutting persistent claims that tariffs on Chinese imports have created a surge in domestic manufacturing jobs, and warning against more import duties in the future.
Value of Chinese businesses listed on US stock exchanges dropped significantly in 2023
Report by US-China Economic and Security Review Commission finds the value of roughly 256 Chinese companies on US markets slid 17.5 per cent from 2022.
Bobby Berk designs model homes, Mexico outranks China as the top source of U.S. imports, and more
For the first time in 20 years, Mexico outranks China as America’s top source of imports. As The New York Times reports, new data released last week revealed that goods imported from China dropped 20…
China’s Business Meltdown: China’s Tycoons Hit Hard by Economic Crunch
AsiaToday Beijing Correspondent Hong Soon-do = China’s economy, which is far from good, is now in the midst of a bankruptcy frenzy among its biggest business tycoons.
Angry Taiwanese travel operators warn of protest at presidential oath after U-turn on group tours to mainland China
Flip-flop slammed as ‘surprise raid’ by operators, as travel agents’ association questions legal basis and warns of protest during May 20 presidential inauguration.
Ex-Biden biz associate says China successfully sought to infiltrate and compromise WH, Biden ‘enabled’ CCP-linked transactions
A former Biden family business associate-turned-whistleblower alleged in explosive testimony before House impeachment probers Tuesday that the president was “the Brand” being sold by relatives in …
Former Hunter Biden business partner says president ‘sold out’ to foreign actors
Hunter Biden’s business partner Tony Bobulinski’s planned to give Congress a closer look at the Biden family’s alleged foreign influence peddling.
China objects to ‘unilateral sanctions’ in Ukraine war as EU proposes new trade curbs
Chinese envoy to the UN repeats calls for ‘political settlement’ and takes aim at Nato amid reports that Brussels plans to target three mainland firms and one Hong Kong company with latest …
China’s doom loop: A dramatically smaller (and older) population could create a devastating global slowdown
China has announced that in 2023 its population declined from 1.4118 to 1.4097 billion people. Forecasting by the UN suggests China’s population will dip to 1.313 billion by 2050 and then down to …