The stake sale exercise is underscoring Starbucks’ identity crisis in China as it tries to salvage a flagging legacy business amid fierce domestic competition …
BUSINESS
Chinese Imports Fell During Trump’s First Term. It’s Happening Again.
As other Asian countries ramp up manufacturing, the U.S. snaps up fewer Chinese goods.
China sees backlash from companies, workers over mandatory social security payments
There are fears that ruling may further disadvantage small companies and workers already struggling to make ends meet. Read more at straitstimes.com. Read more at straitstimes.com.
Chinese cosmetics challenge global brands with affordable allure
China’s cosmetics exports rose 12 per cent year on year in the first half to US$2.6 billion, according to customs data China’s mass-market beauty products are gaining traction overseas, undercutting …
Focus: China pharma firms turn to local reagent suppliers to cut costs and delivery times
Pharmaceutical research and development firms in China are increasingly interested in procuring critical supplies known as reagents from local manufacturers, industry executives and managers said, as …
China pharma firms turn to local reagent suppliers to cut costs and delivery times
Pharmaceutical research and development firms in China are increasingly interested in procuring critical supplies known as reagents from local manufacturers, industry executives and managers said, as …
Trump’s About-Face on Chip Sales to China Sets a Troubling Precedent
After Trump curbed sales to China of Nvidia’s H20 AI chips in April, the company’s CEO personally convinced him to reverse course. The post Trump’s About-Face on Chip Sales to China Sets a Troubling Precedent…
Los Angeles, Long Beach Ports Set Imports Record
America’s busiest gateway for imports from China set a new record in July, handling the equivalent of more than 1 million import containers for the first time. The ports of Los Angeles and Long Beach…
Tesla’s Chinese EV Rival Is So Popular, The CEO Is Actually Recommending Other Brands To Shoppers
China is one of the largest EV markets in the world and an important market for Tesla. Competition is increasing and a smartphone company is the latest to challenge Tesla.
Sources claim US uses trackers to detect AI chips illegally flowing into China
In a bid to detect and disrupt the diversion of advanced artificial intelligence (AI) chips to China, the United States government is reportedly discreetly …
China’s courtyard workshops are reviving rural economies — and running up revenue figures in the millions
A “courtyard economy” nudge from Beijing is turning rural homes into microfactories and craft workshops, creating jobs, preserving heritage and opening new frontiers for investors.
Beneath Trump’s China truce, a race to find pressure points in high stakes game of ‘3D chess’
The bilateral agreement to extend the temporary trade war truce this week came after a third round of negotiations framed by both sides as positive. Trump’s advisers regularly cite his “excellent” …
US container imports may have peaked in July, chief of busiest seaport says
Ocean imports to the United States may have peaked in July after retailers raced to bring in goods from China and elsewhere to avoid potentially hefty tariffs on holiday-related products, the top …
