“At the heart of Sino-American trade tensions is the claim that China’s surging exports are a result of Chinese subsidies,” reads the article published on the Project Syndicate site. “But the driving force behind this…
BUSINESS
China Launches Anti-Dumping Probe Into Pork Imports From EU, Commerce Ministry Says
Beijing has launched an antidumping probe into pork imports from the European Union, as trade tensions mount between China and the 27-member bloc.
Goods imports from China slow down during Jan-April 2024
Merchandise imports from China fell from $8.96 billion in January to $8.09 billion in February, $7.75 billion in March, and remained flat at $7.79 billion in April.
FirstFT: Apple retreats from financial services
Also in today’s newsletter, Biden to announce biggest immigration policy reform in years and the IMF’s ‘profound concerns’ about AI
Ukraine war: US warns China to halt exports that support Russia or face ‘further steps’
Top American diplomat said to have ‘made clear’ to senior PRC officials that ‘ensuring transatlantic security is a core US interest’.
World Brand Lab Releases China’s 500 Most Valuable Brands 2024
State Grid, ICBC and Haier ranked in the top three, with 108 Chinese brands valued at more than 100 billion RMBNEW YORK, NY / ACCESSWIRE / June …
China targets Europe’s farmers in response to EU tariffs on electric cars
Days after the European Union announced plans to impose provisional tariffs on electric vehicles made in China, the Chinese government said it is opening an investigation into pork from Europe.
China doesn’t stand a chance against the US in a trade war
Beijing is now telling the United States that it cannot win a trade war with China. This contention is breathtakingly bold — and unsupportable. In reality, it is China that cannot prevail.
BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs
Chinese EV makers, including BYD, accounted for over 40% of German EV imports through April 2024. China remained the
How Chinese automakers can respond to EU’s new EV tariffs and continue to grow
Chinese EV manufacturers may feel resentment toward the additional tariffs imposed by the EU, but in reality, they still have multiple options to maintain sales growth.
BlackRock Issues ‘Unprecedented’ Fed Warning After $300 Billion Bitcoin And Crypto Price Crash
Now, as one bitcoin and crypto legend bets on a huge China pivot, analysts at the world’s largest asset manager BlackRock have warned an “unprecedented” scenario is unfolding that could hit the …
China outlines measures to reduce business costs
China’s National Development and Reform Commission and three other state agencies announced a series of measures to lower business costs nationwide this year. This was reported by The Xinhua News …
China increases EV market share in Germany despite import slump
Chinese electric vehicle imports to Germany declined in the first four months of the year, but Asia’s economic powerhouse still managed to increase its EV import market share in Germany during the …
