China’s flood of steel exports could ease in coming months, as a backlash from trade partners seeking to protect their domestic industries builds momentum.
BUSINESS
Trump Says Government Shouldn’t Be Selling Bitcoin: ‘Crypto Is Like AI, If We Don’t Build It, China Will’
Former President Donald Trump lent his support to cryptocurrencies once again, noting that the U.S. government shouldn’t be selling Bitcoin (CRYPTO: BTC).
In June, China’s tin ore imports rebounded, with imports from Africa continuing to gain momentum [SMM Analysis]
In June, China’s tin ore imports amounted to 12,800 mt (equivalent to 5,159 mt in metal content), up 52.33% MoM, down 40.79% YoY, an increase of 1,377 mt in metal content compared to May.
Made-in-China Goes Upscale as a New Generation of Brands Battles Slowdown
Homegrown brands such as Boox, Narwal and Laifen are seeking a hedge as concerns about domestic economic weakness grow.
Yum Brands China CFO to step down
KFC owner Yum Brands said Andy Yeung, finance chief of its Yum China Holdings, intends to resign for personal reasons, effective Sept. 30.
US-China Olympic races include Nike vs. Anta, Comcast vs. TikTok
While the world’s best athletes face off at the Olympics, investors and strategists may be more interested in the competition for corporate power between the media and sports brands using sponsorships …
China announces huge stimulus package to boost lagging economy
Economists estimate that a 10% increase in US import tariffs could cut China’s real economic growth by at least 0.3 percent next year. China’s policies have favored businesses and manufacturers at the …
Customs, banking reforms, incentives at par with China key to boost e-com exports to $350 bn: GTRI
New Delhi: Reforms in certain customs and banking rules, access to credit, and incentives at par with China will be key for India to boost its exports through e-commerce medium to USD 350 billion by…
NZ red meat exports: China demand soft but positive growth in all other key markets
All key red meat export markets, apart from China, showed positive growth during June, according to an analysis from the Meat Industry Association (MIA). New Zealand exported red meat worth $914 million during the month,
China limits civilian drone exports starting September 1 — country aims to prevent use by foreign military or terror orgs
China will adjust its civilian drone export rules from September 1. Starting from that date, policy changes will be enacted to prohibit the export of civilian drones that can be used for military or terrorist…
China Is Building Hyper-Luxury Electric Vans That The American Mind Cannot Comprehend
For starters, it’s electric, mostly for noise reasons, but also because China is significantly more electric-minded than we are here in the U.S. market. Most importantly, however, it’s a van. Vans are …
China June Crude Oil Imports Fall 11% on Year, H1 Imports Down 2.3%
China’s crude oil imports in June were down 11% from a high base a year earlier, official customs data showed on Friday.
China Evergrande obtains injunctions against executives, aims to recover $6 bln
Aug 5 (Reuters) – China Evergrande (3333.HK), opens new tab said on Monday … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
