In addition to more stringent sourcing requirements, new “foreign entity of concern” language disqualifies subsidiary companies if a “parent entity” in China, Russia, Iran, or North Korea holds more …
BUSINESS
Bringing Back Baile: The Craftsman Trying to Revive One of China’s Most Storied Brands
Nearly 50 years ago, Shen Jian got a job making Baile-brand accordions at the Shanghai Accordion Factory. The factory is long gone — closed during a round of state-owned enterprise consolidation in …
U.S. Finalizes Outbound Investment Rule Targeting Business With China
Restrictions on investments by U.S. companies in China’s tech sector have been confirmed and will go into force early in 2025.
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden …
Global Trade Is Shifting as Companies Rethink Their China Ties. Where It’s Headed.
For decades, China was the dominant offshore manufacturing location for global companies. That is changing. Multinational corporations are increasingly looking elsewhere for their supply chain needs.
China’s Multibrand Leader Dongliang Returns to Shanghai
The new villa store marks a grand return for the retailer, which left Shanghai after a high-profile split from its cofounders.
Chinese EV Tariffs Push Production In Europe; Western Brands Set To Feel The Impact Too
After a year of investigations and talks, the EU will impose tariffs up to 35.3% on Chinese electric vehicles starting today, 30 October. Click to read.
Should Americans Be Afraid of Chinese Cars? A Firsthand Look at Where China Stands
We traveled to Wuhan, China, recently to drive some of the latest and greatest Chinese EVs and see if American skepticism—or outright fear—of Chinese cars was justified. While there we also made a …
Satoshi’s First Bitcoin Collaborator Reveals What’s Next For The $1.4 Trillion Blockchain
Blockstream CEO Adam Back was the first person that Satoshi reached out to regarding Bitcoin. Fresh off of a $210 million fundraise, Back plans to bring everything from stablecoins to stocks to the $1 …
China’s EV king BYD and 3 rivals report record sales as domestic market hums
Xpeng, Leapmotor and Zeekr chart double-digit growth, even as the effect EU tariffs will have on export plans looms.
Why There’s Hope for U.S. Factory Towns Laid Low by the ‘China Shock’
Textile mills and furniture plants have been undercut by low-priced imports from Mexico and China. Tobacco processing jobs have disappeared. Yet over the last several years, an infusion of investment …
Tomatoes are only China’s 708th biggest export. But the world is realising China can swamp markets with even small output shifts
Tomatoes are only China’s 708th biggest export. But the world is realising China can swamp markets with even small output shifts.
Apple Disappoints Investors With Tepid Forecast, China Weakness
Apple Inc., heading into its most critical sales period of the year, sparked fresh concerns about revenue growth and lingering weakness in an intensely competitive China market.
