Last month China ended a four-year military stand-off with India on their disputed border; in August, it resolved a two-year spat with Japan over the discharge of radioactive water from the Fukushima nuclear plant; and…
BUSINESS
Steven Madden C.E.O. Says It Is Moving Production Out of China
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.
U.S. farm producers brace for hit to exports to China in Trump administration
SHANGHAI (Reuters) – U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new…
APT Electronics, Hong Kong’s second-hottest IPO, surges 16% in trading debut
IPO of Chinese auto-parts maker attracted 5,678 times in subscription from Hong Kong retail investors, trailing only Kwai Chung’s 2018 offering.
Steven Madden to slash sourcing from China on tariff worries under Trump
Executive say they are developing factory bases in other countries such as Cambodia, Vietnam, Mexico and Brazil.
China to unveil much-anticipated economic stimulus package
BEIJING — China is expected to announce much-anticipated steps to boost its flagging economy Friday at the end of this week’s meeting of its legislature. Analysts say bold, multi-trillion yuan …
Asian crypto traders profit from Trump’s win, China’s 2025 CBDC deadline: Asia Express
Many Asian crypto traders worked through the night to catch the Trump-fueled Bitcoin surge, China accelerates digital yuan push: Asia Express …
“Brace Yourself”: U.S. Business Leader In China During Trump 1.0 Sizes Up Trump 2.0
Former AmCham Shanghai Chairman Ker Gibbs expects U.S. tariffs on Chinese imports to rise and decoupling to expand in the aftermath of Donald Trump’s election triumph.
Audi launches a new brand in China without the four-ring logo
In a press release, Audi’s CEO Gernot Döllner said it’s hoping to tap into China’s “more tech-savvy” customers who “expect leading connectivity as well as automated driving.” Reuters reported in …
Dollar Tree, Five Below downgraded at KeyBanc on China import exposure
KeyBanc Capital Markets analysts revised their ratings for Dollar Tree (NASDAQ:DLTR) and Five Below (NASDAQ:FIVE) stocks, downgrading both to Sector Weight from Overweight. The move is primarily …
Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms
Steve Madden’s CEO said the company will reduce the goods it imports from China by as much as 45% over the next year. On the campaign trail, President-elect Donald Trump said he would impose a…
Steven Madden Targets 40% Cut to China Imports to Avoid Tariffs
Steven Madden Ltd. executives said they are accelerating plans to shift sourcing out of China to other countries after Donald Trump’s victory in the US presidential election.
Scholars: Increasing imports will help China, world
Imports allow China to bring in products that are urgently needed in the domestic economy but cannot be produced domestically, thereby increasing the vibrancy and innovation capabilities of the …
