China announced on Thursday the end of tariff cuts on some chemical imports from Taiwan, accusing the island of violating a trade agreement, as Beijing keeps up its pressure on Taipei ahead of …
BUSINESS
Mainland China suspends tariff cuts on 12 Taiwanese imports from January in response to ‘discriminatory measures’
Twelve categories of imports from Taiwan under the Economic Cooperation Framework Agreement (ECFA) will be affected from January 1 Last week, mainland China said Taiwan had placed ‘barriers’ on the …
China focuses on Crypto development, brings 50,000 developers to its state-run blockchain
China’s push aids web3 goals yet centers power with state; concerns persist around digital yuan despite tech giant and developer momentum.
China Plans To Boost NFT, Decentralized Applications: ‘Could We See An Exponential Explosion Of Adoption?’ Asks Expert
China’s Ministry of Industry and Information Technology announced that the country plans to support the development of non-fungible tokens (NFTs) and decentralized applications (dApps) amid the …
BRICS Unites: China and Saudi Arabia Spearhead Global Move Away From the US Dollar – Is Bitcoin Next?
BRICS Nations, China and Saudi Arabia have signed a currency swap agreement to break US Dollar hegemony. Bitcoin is gaining traction as a viable alternative in the race to displace the Dollar.
Chair of powerful House committee pushes Shein about data protections, its relationship with China
The House Energy and Commerce Committee wants Shein to share more information on its relationship with China and its data protections ahead of its U.S. IPO.
Yum China’s CEO on Chinese consumers’ incredible hunger for foreign brands
On a recent episode of Fortune’s Leadership Next podcast, co-host Alan Murray talks with Joey Wat, CEO of Yum China. The company, which is listed on both the New York and Hong K …
China’s new direction in Web3 and blockchain
In a significant departure from its previous stance on cryptocurrencies, China has taken bold steps to position itself as a global leader in Web3 and blockchain technology. The Chinese Ministry of …
China seeks to limit unexpected economic risks with ‘fallacy of composition’ warning
Study Times, a publication under the Central Party School of the Communist Party of China, on Wednesday warned of a ‘fallacy of composition’ phenomenon as departments attempt to pursue policy goals.
A Month After Xi Jinping Meets With Iowan Farmers, China’s Outsized Impact On US Commodity Markets Is Made Clear With Historic Buying Spree
Market players took a significant net short position on U.S. wheat contracts in late 2023, exacerbating downward price trends. The recent uptick in Chinese purchases may signal a reversal, potentially alleviating downward pressure on wheat…
China pulls punches to keep more expensive EVs flowing to Europe
China has arrived at a point where it needs to start selling more vehicles outside of its border, one analyst says. Despite trade threats from the EU, China is already challenging Japan for the global…
IPO-Bound Octillion Energy Offers Lesson In Single-Customer Overreliance
Octillion Energy’s revenue plunged 54% and it swung into the red in the first half of this year after its biggest customer sharply cut back its orders The EV battery systems supplier is trying to…
Xi straight-up told Biden that China is going to take over Taiwan, report says. It could end in war.
The Chinese leader Biden told China’s ambitions to control Taiwan were unchanged at a meeting meant to reduce tensions.
