Maria Bartiromo also floated the idea that immigrants are ditching their passports to assume new identities in the U.S.
BUSINESS
China’s Alibaba to raise $4.5 bln through convertible notes offering
Alibaba Group Holding said on Thursday it would sell $4.5 billion in convertible senior notes and plans to repurchase American Depositary Shares using some of the proceeds.
Tit For Tat: China May Slap Imported Cars With Added Duties
China is considering a reaction towards U.S. and European trade action by increasing import duty on luxury vehicles
China’s imports to determine prices
China’s crop imports are forecast to be robust in the year ahead, but the Chinese government is predicting a major contraction over the next
Meet the women behind the world’s largest crypto exchanges
Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen, currently lead the world’s largest crypto exchanges by volume. It’s a little-known fact that women are behind two of the world’s …
US planning China EV import tariff hikes from 1 August
The US Government is still planning large increases to import tariffs on an array of China-made products including electric vehicles and major components. The federal ‘Office of the US Trade …
Americans under 40 are interested in Chinese brand vehicles despite privacy concerns, survey shows
The report, issued Wednesday, found 35 percent of 800 respondents ages 18 to 80 said they would consider buying a vehicle from a Chinese automaker. Seventy-six percent of respondents under 40 years …
India, China have agreed to cooperate in efforts to pay for imports in local currency, says Maldives
Maldives’ Economic Development Minister Mohamed Saeed met Indian High Commissioner Munu Mahawar recently to discuss the matter, following which the Indian High Commissioner said New Delhi would …
Brazil, India and Mexico are taking on China’s exports
The average price of Chinese manufactured exports fell by nearly 10% from 2022 to 2023. China’s export volumes have surged to near-record levels. On a recent visit to Beijing, Janet Yellen, America’s …
China’s gold rush: its effects on us
The People’s Bank of China has led other central banks in steadily converting much of their cash holdings into gold bullion – a trend which has ramifications for the world. Overall, China’s central …
AI-enabled ‘covert’ detention monitoring cameras, drone disrupters headline China police gear fair
Because disciplinary detentions can lead to tremendous mental stress, the detention facilities are often specially designed to prevent suicides. Beijing Tongfang Shenhuo United Te …
Apple offers biggest-ever iPhone discounts in China as annual ‘618’ shopping festival begins
Apple is offering unprecedented price cuts in China as big brands and retailers launch promotions for the annual “618” shopping festival in the face of sluggish consumer demand. The hefty discounts by …
JPMorgan says China can’t be ignored: ‘you have to do business there’
China is too big to be sidelined, and investors “have to do business there,” said JPMorgan’s Asia Pacific CEO, Sjoerd Leenart.
