China’s high-end, green manufacturing to have ‘profound impact’ on global trade structures, former commerce vice-minister Jiang Yaoping tells globalisation forum in Beijing.
BUSINESS
China Threatens 25% Car Tariff Against US, EU Moves
Beijing is still mulling its expected retaliation in the wake of last week’s Biden administration rollout of steep tariff increases on a series of Chinese tech imports, importantly including computer chips,
China exporting censorship, surveillance to Southeast Asian nations through ‘Digital Silk Road’: Report
It also notes that Bangkok has since been considering a China-style Great Firewall, the censorship mechanism Beijing uses to control online content.In Nepal, the report notes security and intelligence …
G7 Finance Ministers Close Ranks as Tensions with Russia and China Fester
Western economic officials projected a united front, and braced for retaliation, as they prepped tougher sanctions and tariffs.
Japan, China raise question over India’s laptop import monitoring system at WTO
India’s move to restrict laptop imports had earlier too gathered attention particularly from the US as United States Trade Representative (USTR) Ambassador Katherine Tai raised the issue during the G20 meet in India.
Plans for China’s invasion of Taiwan could be thwarted by a leading European chipmaker’s “kill switch,” which can remotely deactivate sophisticated chipmaking equipment
ASML and TSMC have a super secret way that they can leverage to remotely access high-tech chipmaking machines and disable them. This would especially come in handy in the event that China decides to …
China Blocks Guatemalan Imports Amid Taiwan Diplomatic Tensions
Guatemalan President Bernardo Arevalo announced that China had denied entry to shipments from Guatemala, possibly due to its diplomatic ties with Taiwan. This includes macadamia nuts and coffee. Arevalo speculated the recent inauguration of Taiwan’s…
‘Are mums free maids?’ China laundry brand sparks backlash over sexist advert for new ‘efficient’ product
In 2022, consumer products giant P&G’s China branch apologised over an advertisement for a body cleansing set which claimed that women are smellier than men. A year earlier, the Chinese brand …
Promotion event highlights China International Import Expo in Istanbul
ISTANBUL, May 24 (Xinhua) — A promotion event for the 7th China International Import Expo took place on Friday in Istanbul, Türkiye’s largest city, attracting nearly 100 representatives from government, business, and academia sectors.
Beijing considers setting up import taxes for cars from the US & EU
The Chinese Chamber of Commerce in Brussels is warning of possible countermeasures by Beijing in response to punitive tariffs on Chinese electric cars. Import duties of up to 25 per cent are apparently being considered…
China’s Raids on Forex Gangs Point to Crypto Ban Being Flouted
(Bloomberg) — Police raids in China to stem billions of dollars in illicit foreign … Orban Says Alleged cases involving crypto flagged in May alone include an underground bank tied to 13.8 billion …
China imposes sanctions on 12 US arms manufacturers
The Chinese government has imposed sanctions on 12 US arms companies and their top executives in response to the sale of their products to Taiwan. — Ukrinform.
For China’s wary investors, the name of the game is bonds – long-term bonds – and they’re playing it safe to win
As the first batches of a trillion-yuan offering of ultra-long-term special government bonds came roaring out of the gate this week, those bearish on China’s economic outlook triggered a feeding …
