This week, all eyes will be on Wednesday’s actual CPI statistics in the United States to see if the first quarter’s positive shocks were an exception or a worrying trend.
BUSINESS
Why Biden’s monster EV tariffs could inflame a Europe-China trade war
US President Joe Biden has quadrupled tariffs on electric vehicles from China to 100%, effectively sealing off one of the world’s biggest passenger car markets to the largest global producer of EVs.
Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.
China’s Nio aims to launch one new car model per year under Onvo brand
Chinese electric vehicle maker Nio said on Thursday it would launch one new model per year under its lower-priced Onvo brand and price them similarly to gasoline vehicles, as the firm expands its lineups to…
Beijing’s intervention in Chinese markets, including tech, could strangle ‘economic dynamism’, author says
A new book on China’s tech regulations and economic governance assesses the impact of perceived overreaching in the market, with far-reaching effects flagged by professor Angela Zhang.
US tariffs on China: what’s the real impact, and what could happen next?
Analysts discuss how Beijing could respond to Washington’s latest trade offensive, and how the impact could have repercussions beyond China’s borders.
Peru’s president to visit China in June, possible beef exports on agenda, minister says
Peru’s President Dina Boluarte will travel to China in June to meet with her counterpart Xi Jinping, her agriculture minister announced on Wednesday, adding that beef exports to the Asian giant are …
‘What doesn’t kill you makes you stronger,’ China trolls new US tariffs
China’s measured response to the U.S. move to hike tariffs on $18 billion of Chinese goods from syringes to batteries suggests relations between the world’s two largest economies face more frost rather than a fresh…
China is making cheap, high-quality EVs. Why does the U.S. want to stop you from buying one?
Chinese electric vehicles that cost as little as $12,000 could supercharge the green energy transition, but might kill the American auto industry in the process.
Criticizing China for “Dumping” Cheap EVs Is a Bit Rich
Tariffs, these leaders say, are essential to confront this threat. “It’s very important to protect our workers and our firms in these strategic sectors from the kind of dumping that results when China …
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model Y. Deliveries for Onvo’s first …
Alibaba Analysts Look For Signs Of Q4 Rebound: ‘Cloud Business Could Record Double-Digit Growth In 2025’
Alibaba reported 7% year-on-year revenue growth — a “solid” beat. Analysts acknowledge “margin uncertainties in the coming quarters.”
Alibaba’s Hong Kong primary listing plan can open the doors to China’s 210 million investors
Alibaba Group Holding’s primary dual listing in Hong Kong could open the doors for China’s 210 million investors to buy a stake in the US$400 billion behemoth.
