Nomura Holdings analysed data from 45 countries to examine the impact of China’s imports on local manufacturing. Their research showed that countries experiencing the biggest rise in Chinese imports o …
BUSINESS
Tariff-hit China exporters reluctant to heed government calls to sell locally
Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad and only a tenth of that on domestic sales, making a…
China says no ongoing trade talks with the U.S., calls for canceling ‘unilateral’ tariffs
U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China.
Trump’s trade war olive branch met with derision and mistrust inside China
US President Donald Trump has delighted American consumers and global investors with the possibility of a volte-face on China tariffs. But his surprise offer to de-escalate a simmering trade war has …
India expects steel imports to slow from China, S.Korea and Japan, government source says
India is expecting steel imports from China, South Korea and Japan to slow after imposition of temporary tariffs this week, a government source directly aware of the situation told Reuters on Thursday …
Viewpoint: Do the Chinese TikToks ‘exposing’ designer brands spell the end of luxury?
Chinese manufacturers are “exposing” the origins and high mark-ups of European luxury brands. Read more at straitstimes.com. Read more at straitstimes.com.
Fifth time lucky? Chinese restaurant chain Green Tea makes another Hong Kong IPO attempt
The Hangzhou-based budget-dining chain has yet to reveal the amount it plans to raise from the stock offering.
Boeing has a $1 billion China problem — and a fix
Boeing has about 50 planes that have to be sold because Chinese customers have said they won’t take deliveries.
China’s LNG Imports to Extend Slump into April as Demand Slows
China’s imports of liquefied natural gas are set to fall by more than 20% this month compared with a year ago, extending a slump in purchases by the world’s biggest buyer of the fuel.
Bitcoin, Ethereum, and Dogecoin Soar as “Risk On” Trade Continues
The move in crypto is largely because of macroeconomic news, rather than anything about crypto itself. Bitcoin ( BTC 2.79%) is up 2.9% since the stock market closed yesterday, Ethereum ( ETH 5.77%) is …
Trump backpedals on China tariffs, Bitcoin soars
Bitcoin continued its recovery and topped the $94,000 mark as President Donald Trump softened his stand on China tariffs and the Fed chair.
Trump considers cutting China tariffs by 65%, says he never wanted to fire Fed’s Powell
President Donald Trump is now weighing a huge cut to the trade penalties he dropped on Chinese imports, with new tariff levels possibly falling by more than half.
On TikTok, Chinese manufacturers open a new line in trade war with US
Chinese manufacturers are leveraging TikTok and other social media platforms to directly appeal US consumers, offering luxury goods at significantly reduced prices. These factories claim to produce …