President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that …
BUSINESS
DBS: ‘more vitality in capital markets’ is what’s needed to revive consumer and business confidence in China
Taimur Baig of DBS Group Research discusses the challenges facing the Chinese economy. He says Beijing’s stimulus measures so far haven’t been targeted at the right place, but China isn’t Japan in the …
European Firms Say China’s Pressure to Go Local Is Raising Costs
Some European firms are sacrificing efficiency and losing their global edge as they wall off their operations in China and come under pressure to produce more locally, according to a business group …
China’s Han Kun Scoops Up Another Senior Partner from Foreign Firm
Less than a week after hiring former Milbank China partner Alex Tao, Beijing-based Han Kun Law Offices has yet again attracted another senior partner from a foreign rival.
CATL Added To Blacklisted Chinese Brands By Pentagon For Alleged Chinese Military Ties
CATL is licensing its battery technology to Ford for its planned $3.5 billion battery plant. News of CATL being added to the list slashed its market value by roughly $4.4 billion. CATL, the world’s …
This Chinese Brand Could Make Western Carmakers Nervous
The models use the SEA platform that is also used by Volvo, Polestar, Smart, Lynk & Co, and Waymo. Zeekr developed a self-driving concept with Waymo as a future ride-hailing service vehicle. The …
China Eyes Blockchain for National Data Infrastructure Despite Crypto ‘Ban’
China and other BRICS member countries are experimenting with and implementing blockchain to facilitate trade and economic infrastructure. Despite a mining ban, China is home
Chinese Crypto Mining Giant Taps Ethiopia’s Energy for New 51MW Facility
BIT Mining signed a $14 million deal to acquire a 51 MW Bitcoin mining facility in Ethiopia. This expansion marks the company’s first venture outside
China’s new fashion capitals, ranked
It’s been a turbulent year for luxury in China, but it’s still a crucial region for the fashion industry to continue investing in, home to a savvy and discerning consumer. Across the vast market, what…
The crypto market tanks 8.8% amid escalating macro fears and global pandemic threats
The crypto market is telling a fearful story, reminiscent of the period between 2019 and 2023. It’s Russia and Ukraine all over again, but this time with Iran and Israel – basically, the Middle East…
China Warns US of “Unjust Suppression” After Tencent, CATL Added to Sanctions List
Tensions between the United States and China have escalated after Washington added two major Chinese companies to its list of entities connected to the Chinese military. The U.S. Department of Defense …
Shein condemned by MPs as fast fashion firm dodges questions over forced labour conditions in China
MPs had summoned the company, along with McDonald’s, Tesco and Temu, to discuss labour rights concerns and committee chairman Liam Byrne stated they were “horrified by the lack of evidence” provided …
China’s super-rich eye the exit as leaders brace for economic shock
China’s leaders are bracing for shocks to the economy from higher tariffs threatened by US President-elect Donald Trump once he takes office. Millionaires, meanwhile, are relocating. View on euronews …
