China’s Commerce Ministry said on Monday that it will prohibit some U.S. firms from importing and exporting activities related to China, including one selling arms to Taiwan, and forbid them from …
BUSINESS
China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
BEIJING — China’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration. The …
China adds some U.S. companies to unreliable entities list
China’s Ministry of Commerce announced on Monday the inclusion of some companies on its unreliable entities list as they sold arms to China’s Taiwan region. The companies include General Atomics Aeronautical Systems,
Nio’s ONVO brand offers an affordable alternative for families
Nio unveils the ONVO brand and its first model on May 15 in Shanghai. [LI FUSHENG/CHINA DAILY] Nio unveiled volume car brand ONVO last week, becoming the first Chinese electric vehicle startup to …
Kakao to liquidate character business in China amid ongoing closures
South Korean IT giant Kakao is closing some of its overseas subsidiaries and winding down a string of businesses accused of infringing on local businesses.According to the company’s quarterly report on May 19,
China launches anti-dumping probe into EU, US chemical imports
China’s commerce ministry on Sunday said it had launched an anti-dumping investigation into imports of an important engineering chemical from the European Union, the United States, Taiwan, and Japan.
As US hikes China tariffs, imports soar from Vietnam
As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show.
From Artificial Intelligence (AI) to iPhones to China, This Chart Sums Up Apple’s Declining Business
The tech giant’s revenue has declined in five of the last six quarters, and the stock’s recent returns reflect poor investor sentiment.
China’s anti-dumping probe into imported chemical escalates trade tensions
This move escalates tensions with major trading partners, following a series of anti-subsidy and anti-dumping investigations into Chinese products by the European Union, including one initiated …
The West, or China? Serbia is courting all sides with its lithium business
The U.S. and China are engaged in an escalating trade war over lithium supplies, which are essential to the booming worldwide business in electric vehicles. Serbia is playing one side against the other, seeking to…
Mainland China hits EU, US with anti-dumping probe into chemical imports, with Japan, Taiwan also targeted
Commerce ministry move targeting EU, US, Japan and Taiwan comes shortly after CCTV-linked social media channel warns of Beijing’s deep toolbox against ‘double standards’ EU probes.
Malaysia farms must adapt to extreme weather, changing taste to compete for slice of China’s durian pie, industry experts say
China, which accounts for 95 per cent of world durian consumption, is known to adopt strict quality control for the fruits imported and will likely halt shipments if supply from Malaysia falls below …
China initiates probe into polyformaldehyde copolymer imports
On Sunday, China initiated an anti-dumping probe into imports of polyformaldehyde copolymer originating from the European Union, the United States, Japan and China’s Taiwan region, said the Ministry of Commerce.