Though its member firms feel conditions have improved for doing business, the British Chamber of Commerce in China said negative sentiment will only be dissipated through sustained, targeted policies.
BUSINESS
China should hike tariffs on large cars to 25%, says research body
China should raise its import tariffs on large gasoline-powered cars to 25%, a government-affiliated auto research body expert told China’s Global Times newspaper as the country faces sharply higher U …
China’s next shock is coming – and Britain and Europe are sitting ducks
The EU will be forced to follow Joe Biden’s tariffs against China whether it likes it or not, otherwise Europe will alone face the concentrated trade shock from Xi Jinping’s predatory mercantilism.
Europe must defend itself or be crushed by China’s export tsunami
The EU will be forced to follow Joe Biden’s tariffs against China whether it likes it or not, otherwise Europe will alone face the concentrated trade shock from Xi Jinping’s predatory mercantilism.
China’s durian prices drop as Vietnam steps in to make up for gaps in Thai supply
China’s durian market is showing signs of change, with a drop in price attributed to more supply from Vietnam, a deadly heatwave in major exporter Thailand and a tightening of consumer budgets.
Canada’s Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country’s…
Chinese Business Group Warns of Tariff Increases on Car Imports in Response to U.S., EU Moves
A Chinese business group warned of possible tariff increases on car imports in retaliation for moves by the U.S. and European Union on Chinese electric vehicles, as trade tensions escalate between China and the West.
British firms expecting hard time in China market, lobby group warns
British firms expect doing business in China to become harder over the next five years, a British business lobby group said on Wednesday, as Beijing strives to halt a retreat in foreign funds from a…
‘Are You Better Off?’ Asking Reagan’s Question in Xi’s China
Unlike his reform-era predecessors, Xi Jinping can’t count on rapid gains in prosperity to underpin support for Communist Party rule.
How the Fed Helped Create the China Bubble—and Bust
The Federal Reserve has repeatedly been a key component in boom and bust events in the global economy since the 1920s. China is the latest example.
China’s gold imports slow as record prices dent appeal
Gold futures retreat from record highs but remain above $2,400 on safe-haven interest and prospects of US interest rate easing.
China ramps up de-dollarization efforts by dumping a record amount of US bonds
China unloaded a record volume of US bonds in the first quarter, escalating the country’s pivot from dollar-denominated assets. According to US Treasury data cited by Bloomberg, Beijing sold $53.3 …
Roundup: California businesses bullish on China’s booming market
LOS ANGELES, May 21 (Xinhua) — The 2024 China-California Business Forum was held Monday at the historic Millennium Biltmore Hotel in Los Angeles, and the buzz on the packed floor was that California …
