Federal agents recently seized about 1.4 million unauthorized e-cigarettes products from the Chinese manufacturer of popular brand Elf Bar, the Food and Drug Administration (FDA) and U.S. Customs …
BUSINESS
China’s money supply had a dismal November, as private-sector struggles and housing woes suppressed investment
A key gauge of economic vigour could reflect ‘a weaker willingness among the private sector to invest, and a similarly depressed housing market’, and it’s not making Beijing’s stability plans any …
US officials block Elf Bar-maker from importing 1.4 million illegal e-cigarettes
U.S. agents recently seized more than 1.4 million illegal e-cigarettes from overseas manufacturers, including the Chinese company behind Elf Bar, a line of fruity disposable vapes that has become the …
David Cameron avoids China mention in business interests disclosure
Lord Cameron has confirmed that he resigned all paid roles upon his appointment as foreign secretary but made no reference of any links to China in his first disclosure of business interests since …
Why China’s Growing Challenge To Big Tech Is A Problem For The Pentagon
Once there were six. Some domestic manufacturers are investing heavily in new technology, but the evidence suggests they are losing the race to China. Chinese companies routinely beat their American …
Volkswagen is losing the electric car race to Tesla and China
For the first time since at least 2000, Volkswagen could lose its crown as the number one vehicle brand in China. And it all comes down to EVs.
China’s Coffee Market Outpaces U.S. for the First Time in 20 Years
China now has more cafes than the United States, with indigenous brands like Luckin Coffee leading the industry’s growth.
Is China understating its own export success?
But China’s current-account surplus is now modest: $312bn or 1.5% of GDP over the past year, according to the country’s State Administration of Foreign Exchange ( SAFE ). That is below the 3% …
Chinese biotech firm HighTide Therapeutics slashes Hong Kong IPO size by 80% to US$35.6 million
“Continuous US interest rate hikes and a slower-than-expected Chinese economic recovery sent market valuations down and constrained liquidity,” said Robert Lui at Deloitte China in the report. “As a …
Treasury Secretary Janet Yellen reveals her 2024 US-China gameplan
Treasury Secretary Janet Yellen is on a mission to repair the fragile yet vital relationship between the United States and China. That mission will kick into high gear next year.
Janet Yellen says the Trump administration’s China policies left the US more vulnerable
Treasury Secretary Janet Yellen says former President Donald Trump’s economic policies toward China left America “more vulnerable and more isolated” in the global economy.
SMM Analysis Of China Stainless Steel Import And Export Data In October And November
Imports: China’s stainless steel imports stood at 321,800 mt in October, up 27% MoM but unchanged from last year, according to SMM statistics.
China’s economy is heading deeper into deflation
Deflation is a manifestation of the deep problems within the world’s second-largest economy. The big picture: China’s economy has stumbled as it tried to emerge from the government’s zero-COVID lockdown policies.