Washington is lowering the heat on Beijing as it focuses on the rest of the world. China, meanwhile, is playing the long game as import taxes start to hit US consumers.
BUSINESS
China rejects US call to stop oil imports from Russia and Iran
China has firmly rejected US demands to stop buying oil from Russia and Iran, stressing sovereignty and national interests, even as both nations continue trade talks to avoid heavy tariffs.
China rejects US demands to stop buying Russian, Iranian oil
China has taken a firm stance against U.S. demands that it stop buying oil from Russia and Iran or face a possible 100% tariff …
China’s Solar Industry Faces Deep Layoffs Amid Overcapacity and Price Wars
Chinas largest solar panel manufacturers cut nearly one-third of their workforce in 2024, shedding about 87,000 jobs, as the sector struggles with falling prices, overcapacity, and mounting losses.
Lenovo’s unknown Lecoo brand launches exciting mini PC which begs only one question to mind — when will it sell these outside of China?
Lecoo Mini Pro is a compact Ryzen-powered PC with USB4, Radeon 780M, and strong connectivity, offering surprising versatility for work and light gaming.
Arkham Exposes $3.5B Bitcoin Theft from LuBian in China, Now Worth $14.5B
Arkham exposes a massive Bitcoin theft from LuBian worth 3.5 billion dollars in 2020 now valued at 14.5 billion …
Pakistan, China boost industrial plans in CPEC phase II
Pakistan and China have reaffirmed their shared commitment to strengthen industrial cooperation and boost private-sector involvement under the second phase of the China-Pakistan Economic Corridor …
China welcomes 183 Brazil coffee sellers in wake of US tariffs
China has approved 183 new Brazilian coffee companies to export products to the Chinese market, according to a social media post of the Chinese embassy in Brazil on Saturday. The measure, a boon to local…
Pakistan Army inducts China’s export-oriented Z-10ME attack helicopter: Pakistani media
The Pakistan Army has inducted China’s export-oriented Z-10ME attack helicopter, Pakistani media reported on Saturday. A Chinese expert said that this would mark the first export deal of the Z-10, and the helicopter’s strong firepower…
Upcoming Crypto Events that could Impact the Market
August could redefine the crypto market as many key events would unfold- here’s the list and the potential impact on digital assets.
XRP eyes 20% surge in August, crypto returns to US: Hodler’s Digest, July 27 – Aug. 2
XRP is eyeing a 20% rebound in August, crypto companies are beginning to return to the United States, and other news. Hodler’s Digest.
China’s automaker announces solid-state battery EVs by 2026, brand restructuring
As part of a strategic overhaul, Chinese automaker Dongfeng has consolidated its eπ (Yipai), Fengshen, and Nano sub-brands into a new entity called Dongfeng eπ Technology, aimed at addressing rising …
China toughens import rules on Vietnamese durians after detecting health risks
Vietnam competes with Thailand as the top exporter of the fruit to China – but tighter customs inspections are slowing exports, analysts say.
