Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed Wednesday.
BUSINESS
Apple got a much-needed iPhone and China boost
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year.
GDS Holdings Limited (GDS) Announced Successful Completion of the China REIT IPO
GDS Holdings Limited (NASDAQ:GDS) is one of the Best Performing Tech Stocks According to Hedge Funds. On July 16, GDS Holdings Limited (NASDAQ:GDS) announced its successful completion of the China …
Figma IPO raises its market share to $19.3B
Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its market share to $19.3 billion.
Chinese Brands Are Really Killing It In Europe
Some brands like BYD and Xpeng grew more than 100% in a year. But some, like battery-swpping Nio, haven’t found their footing yet.
China iron ore imports hold up as storm clouds gather: Russell
Iron ore remains a standout performer among major commodities this year as it holds above $100 a metric ton despite mounting signs that the steel sector in top importer China is softening.
US toy makers are getting slammed by China tariffs — and have dire warnings if the mess isn’t fixed soon
US toy makers are getting slammed this summer by President Trump’s China tariffs — and some are sounding dire warnings about price hikes, sluggish sales and worse if the chaos isn’t resolved soon, The Post…
Cadence hit with $140.6 million in fines for tech export violations
Cadence agreed to plead guilty to export control violations and pay fines of $140.6 million, after selling EDA tools to a military university in China.
Stock Market Today: Dow Rises On China Trade Deal Hopes; Nvidia Partner Arm Plunges On Earnings (Live Coverage)
The Dow Jones index rose Thursday as it appeared a China trade deal was near. Nvidia partner Arm plunged on earnings.
Chinese, US business communities engage in interaction and communication following trade talks: CCPIT
Wang Linjie, a spokesperson for the China Council for the Promotion of International Trade Photo: CCPIT. When asked about the reactions from business communities of China and the …
Shrapnel Migrates to GalaChain from Avalanche to Expand in China’s Gaming Market
Neon Machine, the studio behind the blockchain shooter Shrapnel, has officially announced the migration of the game from Avalanche to GalaChain. This shift comes as part of a larger plan to enter the …
China Questions Nvidia’s AI Chip As US Export Controls Stoke Tensions
Nvidia faces scrutiny in China over security concerns for H20 chip. Chinese regulators worry about user data and privacy risks, despite recent US export ban lift.
China calls on EU to practice restraint with trade restrictions, foster fair business environment for Chinese firms
China’s Ministry of Commerce (MOFCOM) has urged the EU to show restraint when using restrictive trade tools, and foster a fair, just and non-discriminatory business environment for Chinese companies.