Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations if TikTok fails to fend off a controversial ban.
BUSINESS
Xi calls China-EU economic relations ‘symbiotic’ amid trade tensions with US
China hopes the European Union can become “a trustworthy partner for cooperation”, Chinese President Xi Jinping told European Council President Antonio Costa in a phone call on Tuesday, state …
GOP tax leaders: US small businesses could pay more tax than small businesses do in China if Trump cuts expire
Republican members of the chief House committee on taxes said if Trump’s tax cuts expire small businesses could begin paying a higher tax rate than small businesses do in communist China.
Stocks and crypto rebound as dollar dips after PPI and tariff hike reports
The markets went wild on Tuesday, with stocks and cryptocurrencies bouncing back as the dollar took a hit. A surprise cooling in wholesale inflation and whispers about Donald Trump’s plan for gradual …
Xiaohongshu (RedNote), China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
China Battery Giant CATL’s Hong Kong Listing Plan Gathers Steam
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
Xiaohongshu, China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
Telegram-linked TON blockchain to focus on US growth under Trump
Telegram-linked blockchain project, The Open Network (TON), is set to focus on growth in the United States under the incoming administration of US President-elect Donald Trump. The US is set to become …
Invest now in self-driving cars, AI and robotics — and avoid all crypto except bitcoin
For example, less U.S. immigration is a trend because that is clearly where the Trump administration will take the U.S. — even though immigration has been rising until now. My partner, Bryce Smith, …
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
CHINA’S economic growth is likely to slow to 4.5 per cent in 2025 and cool further to 4.2 per cent in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures…
How China’s export curbs are hurting Indian manufacturing growth
Industry experts claim the Chinese government has halted capital equipment exports, making it harder for companies to expand their manufacturing capacity, increase operational costs, and meet growing demand. China’s export restrictions are seen as a…
China Exports More to Vietnam Than Japan for First Time as Supply Chains Shift
Vietnam overtook Japan as China’s third-largest export destination for the first time, as US tariffs force companies to find new suppliers to avoid levies while continuing to rely on Chinese manufacturers for components.
China just waved a $1.6 trillion red rag at Trump
China’s announcement of a record trade surplus on Monday … The national congress in March will provide a clearer insight into how it plans to address that vulnerability. The Business Briefing newsletter delivers major stories,…
ADVERTISEMENT
