The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May.
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Biden finalizes increases to China tariffs
China fines PwC $62 million for its role in the Evergrande collapse
Chinese regulators have hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the firm’s audit of troubled property …
Biden wants to close a loophole that enables imports of clothing and illicit substances from China
The Biden administration is cracking down on the cheap products sold out of China by companies such as Temu and Shein.
China’s seaborne dry bulk imports shrug off economic wobbles
Filipe Gouveia, a shipping analyst at Bimco, said: “Between January and August 2024, Chinese seaborne dry bulk imports rose 6% year over year, defying concerns over China’s domestic demand, its real …
Breaking | Biden targets China’s Temu, Shein with low-value import duty exemption changes
The White House has announced new measures – largely aimed at Chinese e-commerce platforms like Temu and Shein – to reduce the range of low-value imports eligible for duty and tax exemptions. US …
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande
Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande.
‘Shock And Awe’—China Could Be About To Trigger A $1.4 Trillion Bitcoin And Crypto Price Earthquake
Economists are calling for China to unleash $1.4 trillion worth of “shock and awe” stimulus that could kick start the economy and trigger a “glorious” bitcoin price …
China signs finance cooperation agreement with debt distressed Maldives
BEIJING – China’s central bank on Friday said it had signed an agreement with the Maldivian authorities to strengthen trade and investment, as the debt-distressed Indian Ocean nation strives to avoid …
Wall Street wins in GOP stalemate on China
Corporate America is facing growing pressure from the right to cut ties with China, but a Capitol Hill stalemate between GOP China hawks and Wall Street-friendly Republicans is sparing industry from feeling more pain.
Beijing suspends PwC’s China unit for six months in record penalty over Evergrande audit
By Julie Zhu and Xie Yu HONG KONG (Reuters) -Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 …
China and Russia chide West at security forum in Beijing
Chinese and Russian defence officials took swipes at the West at a military diplomacy forum in Beijing on Friday, with China courting the Global South and Russia saying the United States was shifting military conflicts…
U.S. Must Not Accept Beijing’s Grip on Hong Kong
On a blue-sky September day almost exactly five years ago, I stood on the steps of the U.S. Capitol and shook the hand of a young man I had been
Kantar releases Top 100 Most Valuable Chinese Brands ranking in 2024
Themed “Shape Your Brand Future, Accelerate Sustainable Growth”, the 2024 Kantar BrandZ China Gala Event was held in Shanghai on Sept 10. Kantar officially released the 2024 Top 100 Most Valuable …
