Per the General Administration of Customs data, October’s iron ore and concentrate imports totaled 99.385 million mt, down 1.8% MoM, primarily due to reduced working days resulting from holidays. Data …
BUSINESS
US seizes US$500,000 in crypto from Chinese businessman linked to Asian ‘pig butchering’ scam
Money stolen from US fraud victims was traced to the account registered to Wang Yicheng, the vice-president of a Bangkok-based Chinese trade group.
House panel urges tougher trade rules for China, raising chance of more tariffs if Congress agrees
A special House committee focused on China is calling for altering the way the U.S. treats Chinese-made goods, possibly subjecting them to higher tariffs and risking increased economic tensions betwee …
Secretary Raimondo says ‘we have a long way to go’ on U.S.-China business relations
She said she speaks with many CEOs who say it’s getting more and more difficult to conduct business in China, but said she will continue to try and improve conditions. “I’m a dog on a…
House committee’s report calls for import threshold reduction
A House committee looking at economic and security issues with China released a bipartisan report Tuesday detailing 150 policy recommendations, including reducing the de minimis threshold for imports from foreign adversaries and strengthening Customs and…
China’s top economic meeting outlines plan to tackle challenges, boost recovery in 2024
It urged efforts to expand high-level opening-up and consolidate the foundation of foreign trade and foreign investment, including removing obstacles for foreign nationals to come to China for …
US committee offers 2024 legislative ‘blueprint’ for countering China
A U.S. congressional committee issued an extensive list of bipartisan recommendations on Tuesday to reset America’s economic ties with China, setting out legislative goals for 2024 that it said would prevent the U.
China faces the risk of a debt-deflation loop
Unlike other major economies, China is facing the challenge of deflation. Its gross domestic product deflator — the broadest measure of prices, taking in all goods and services of a country — is at minus…
Did a Chinese Company Buy America’s ‘Most Famous Burger Brand’?
McDonald’s, Wendy’s and Burger King are among the most popular burger chains in terms of U.S. sales figures, according to online reports.
Dior, Chanel And Nike Top China’s Influencer Engagement In 2023
As 2023 draws to a close, exclusive data from analytics firm Launchmetrics analyzes the top 10 brands in China in terms of Media Impact Value.
Giorgio Armani, Prada, OTB Receive ‘Award for the Contribution of the Latest Fashion Trend in China’
The companies were recognized for their strong connection with China during the sixth edition of the Montenapoleone Gala dinner held at the Italian Embassy in Beijing, together with Milan’s …
China’s Xi Visits Vietnam Weeks After It Strengthened Ties with the US and Japan
At the meeting with Vietnam’s Communist Party General Secretary Nguyen Phu Trong, Xi announced that the countries would work together to create a “China-Vietnam community with a shared future of strategic significance.
China Lifts Import Bans on More Taitung Atemoya Producers – TaiwanPlus News
China has lifted atemoya import bans on 1,200 more Taitung orchards. Beijing said it imposed those bans in 2021 over concerns about pests, but some experts raised concerns the embargoes
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