European Union countries have voted to impose duties on imports of electric vehicles from China, as talks continue between Brussels and Beijing to end the standoff before an end-of-October deadline.
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EU countries vote to impose duties on China EVs ahead of an end-of-October deadline
Once seen as saviour, China is costing Pak millions of dollars. Here’s how
China has reportedly demanded that Pakistan sign an agreement on anti-terrorism cooperation to address Beijing’s security concerns …
EV tariffs are only the first step in EU-China war
The European Union has got its electric vehicle tariffs through. On Friday, member states voted for levies on battery cars imported from the Middle Kingdom. Given big EU hitters like Germany opposed …
EU votes in favour of hefty tariffs on China-made EV imports
The European Commission said on Friday it had received enough support in a vote of EU members to impose tariffs of up to 45% on imports of Chinese-made electric vehicles in the bloc’s highest profile…
Chinese courier firm BingEx valued at nearly $1.2 billion in US IPO
The IPO bodes well for the broader market which had been depressed for almost two years due to higher-for-longer interest rates and turmoil in the stock markets. The recent searing rally in equities …
Chinese courier firm BingEx valued at nearly $1.2 bln in US IPO
China’s BingEx said on Friday it had raised $66 million in its U.S. initial public offering valuing the courier delivery firm at $1.17 billion, signaling a recovery in investors’ risk appetite and …
Capital markets: For all the right reasons, is India the new China?
With Swiggy and Hyundai Motor India filing for big-ticket IPOs, India’s primary capital markets are on a tear. This could be the best year for listings in its history. Can it continue? A useful …
Record-breaking drone spectacle lights up Shenzhen for China anniversary
The 75th anniversary of the establishment of the People’s Republic of China, celebrated in the last days of September 2024, was marked by a spectacular show over the city of Shenzhen. Over 10,000 …
Online retailer Shein to hold roadshows soon ahead of London IPO
Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), …
Russia can rely on China for the yuan, but China can’t rely on anyone else
China faces many limitations to de-dollarization and just can’t copy Russia’s sanctions-proofing playbook.
Scholz to bow to Beijing over Brussels tariffs on electric cars
But after furious lobbying by Beijing and the German car industry, which depends on exports to China, Mr Scholz is now set to vote against the tariffs at a meeting of EU member states today,…
Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of economic woes in China, economists say.
EU headed for “economic cold war” with China, Hungary’s Orban says
The European Union’s economic strategy represents an “economic cold war” and Hungary does not want to be squeezed into either bloc and wants to keep trading with both sides, Prime Minister Viktor …