Elon Musk may be fine, but for smaller U.S. businesses, operating in China has become “very risky,” a lawyer who works in the country tells CBS News.
Recent Posts
Luxury Outerwear Brand Nobis to Enter China Market Via Ellassay Joint Venture
SHANGHAI — Ellassay Group has revealed a joint venture with Canadian luxury outerwear brand Nobis.
China’s economy is in trouble: What does that mean for the U.S.?
Faltering economic growth and mounting municipal debt are leading China’s once-mighty economy toward a potential crisis.
Iron ore hits seven-week highs on hopes for China property stimulus
Iron ore futures in China rose Tuesday to their highest levels since mid-April, as hopes grew for more stimulus measures aimed at boosting the beleaguered property sector in the top steel producing country.
China-Germany relationship to hit new heights, says Chinese Premier Li Qiang after meeting SDP delegation in Beijing
Beijing stands ready to propel its strategic partnership with Berlin to new heights, Chinese Premier Li Qiang said during a meeting with a delegation from the ruling German Social Democratic Party two …
Beijing tells banks to cut rates for Chinese savers in bid to boost flagging economy
Beijing has asked banks to slash deposit rates for savers in an attempt to kickstart China’s weak growth. The authorities have issued guidance for China’s largest banks to pay savers less interest for …
Comparing the power of presales with DogeMiyagi, Made in China and Wall Street Memes
Presales present exciting opportunities for investors to get in on the ground floor of the crypto industry. Today, we delve into the presales of three crypto powerhouses: $CHINA, Wall Street Memes, …
Sequoia splits China and India arms from US mothership
Sequoia Capital in U.S. and Europe, Peak XY Partners in India and Southeast Asia, and HongShan in China — as the storied venture firm scrambles to assess the increasing complexity of managing a …
Does Your Business Qualify for China’s Reduced 15% CIT Rate? Defining “Substantial” Operations in Key Development Zones
Companies must prove “substantial operations” in certain areas to qualify for 15% corporate income tax in China. Here’s what that means.
Exclusive-China’s state banks told to lower cap on dollar deposit rates – sources
A Chinese self-regulatory body overseen by the central bank has told major state-owned banks to lower dollar deposit interest rates, four people with direct knowledge of the matter said on Tuesday, in …
China Asks Big Banks to Cut Deposit Rates to Boost Growth
Chinese authorities asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year, according to people familiar with the matter, marking an escalated …
Venture-Capital Firm Sequoia to Separate China Business as Political Tensions Rise
Sequoia told its investors it would split into three independent partnerships that would be distinct firms with separate brands.
Sequoia rebrands China, India and Southeast Asia units
Sequoia is rebranding its international investment arms to better manage the escalating complexities of its decentralized global investment operations, the storied venture firm said Tuesday. Sequoia …