The move comes as tensions between the U.S. and China simmer, and as the Nasdaq faces broader financial market issues.
BUSINESS
Trump’s tariffs are pushing food and drink exporters closer to China
The South Asian nation has been caught up in Washington’s push to pressure Russia over the Ukraine War. The White House imposed a 25% levy as a penalty for buying Moscow’s oil, on top of…
Threatened tariffs caused bump in Chinese bike imports in July
In July the U.S. imported bikes worth 5.3% more than in June, an increase that closely matches the 5.9% month-on-month increase for the entire U.S. economy, the Commerce Department reported Thursday.
China Hits US Optical-Fiber Imports With Anti-Dumping Tariffs
China started imposing levies on additional US optical fiber imports after a six-month investigation found that American companies circumvented the country’s anti-dumping measures.
How Blockchain Will Help Ascent Aviation Break Into China’s USM Market
Ascent Aviation Services has partnered with blockchain specialist Block Aero Technologies to digitalize its aircraft reclamations business. The partnership will also help the U.S.-based repair station …
China’s Electric Car Industry Is in Deep Trouble
Compared to the US EV market, China’s seems to be progressing along healthily — but rampant price wars are causing massive issues there.
The Globalization Of China’s Corporate Brands – Forbes
Every American household is full of goods made in China. Whether it’s clothes, toys, or increasingly technology, Made in China is hard to miss. Yet, those goods are not China brands. They’re Nike …
Tariff instability and a break with China is hitting American companies hard, and homegrown manufacturer John Deere is no exception
John Deere is the kind of homegrown, domestic manufacturer President Donald Trump claims to support, yet his tariffs and hostility toward China are threatening its bottom line.
Intel’s old NAND plant in China is now officially registered as SK hynix after US imposes new sanctions that limit fab upgrades in China
According to Chinese registry filings, the plant’s name officially changed to reflect its ownership by SK hynix on September 1.
RedNote Hits $31 Billion Value as IPO Buzz Grows Amid TikTok U.S. Pressure
Xiaohongshu, the social app also known outside China as RedNote, has seen its valuation rise to $31 billion following recent transactions in a …
Trump axing ‘Biden-era’ waivers in China rattles chipmakers
The action tees up four months of complex policy talks to satisfy U.S. national security concerns while avoiding disruptions to supply chains.
China Strikes Back with Hefty Tariffs on U.S. Optical Fibre Imports
China will impose tariffs up to 78.2% on U.S. optical fibre imports from September 4, targeting companies like Corning and Drake Communications. These anti-circumvention tariffs address attempts to …
Nasdaq-listed Webus plans to bring XRP payments to Air China loyalty members
Webus partners with Air China to offer airport transfers and plans XRP payments for PhoenixMiles loyalty members on Wetour’s platform.
