Hi, it’s Dong Cao and Manuel Baigorri in Hong Kong, looking at how some big-name international brands are reassessing their approach to business in China. Also today, Eli Lilly’s latest move to build …
BUSINESS
Infini Pulls the Plug on Crypto Cards as Compliance Costs Mount in China
Crypto card provider Infini is shutting down all card services globally. Mainland Chinese users accessed Infini using VPNs despite the country’s crypto ban. Infini cited …
China has a lock on rare metals. Does this startup have a crowbar?
During trade negotiations last week, China said it will loosen its stranglehold on some of the world’s most critical metals. But a Woburn company says it’s on the way to breaking China’s grip …
Häagen-Dazs, Starbucks Mull Overhauls in China to Fend Off Powerful Local Rivals
The consumer landscape in China was very different in the 1990s, when Häagen-Dazs and Starbucks ventured in with premium products that were alien to most people. They made huge inroads nonetheless, …
China Eases Battery, Steel Scrap Import Rules to Aid Green Push
China is relaxing import regulations on scrap, a move that will support recycling of battery metals and help speed the green transition in the steel market.
Chinese brands extend global reach
Chinese brands are reshaping the global marketplace and extending their influence among international consumers — even as US tariffs cast uncertainty over the year ahead.
China Hits 12 Million Car Sales in 5 Months — And Nearly Half Are EVs
According to the China Association of Automobile Manufacturers (CAAM) on Friday, new vehicle sales reached 2.135 million units in May, marking a 10.3% year-on-year increase. Exports also rose by 14.5% …
US tariffs hit China’s retail and export sectors
A new round of US tariffs on Chinese imports is intensifying economic uncertainty for Chinese exporters and global retailers.
Shipping chaos: Inside the industry at the frontlines of the US-China trade war
As the metal gangway lowers down, the crew gets to work securing the ship to the dockside – their bright orange jumpsuits dwarfed by the vast pink container ship behind them.
New legislation aims to tell China ‘no’ on buying up American farmland
Bipartisan lawmakers introduce bill to increase oversight on foreign ownership of U.S. farmland, with China’s 277,000 acres of holdings under scrutiny.
US-China trade war sends India’s electronics imports soaring 27.5% in May, raises dumping risks
On the export front, India gained from the trade war fallout, with shipments to the US rising 17.3% to $8.8 billion, aided by stronger smartphone exports.
Imax adds screens in China with Wanda, betting on blockbusters
Imax is aggressively adding screens across China, betting on big local and U.S. productions to boost its sales in the world’s second-largest film market.
China car parts suppliers are wary of carmakers’ bill payment pledge
The widespread use of delayed payments is indicative of the industry’s stress as the price war squeezes margins.
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