Russian President Vladimir Putin on Thursday described China as Russia’s ally and threw his weight behind Beijing’s claims over Taiwan, while stating that no countries had anything to fear from deepening Sino-Russian cooperation.
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Putin says China is Russia’s ally, backs its stance on Taiwan
Audi launches a new brand in China without the four-ring logo
In a press release, Audi’s CEO Gernot Döllner said it’s hoping to tap into China’s “more tech-savvy” customers who “expect leading connectivity as well as automated driving.” Reuters reported in …
Dollar Tree, Five Below downgraded at KeyBanc on China import exposure
KeyBanc Capital Markets analysts revised their ratings for Dollar Tree (NASDAQ:DLTR) and Five Below (NASDAQ:FIVE) stocks, downgrading both to Sector Weight from Overweight. The move is primarily …
Op-ed: What to expect from Trump’s first 100 days when it comes to China
Trump’s approach to China should quickly shift away from diplomacy seen in the latter stages of the Biden administration, when the Treasury and Commerce departments managed economic discussions …
Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms
Steve Madden’s CEO said the company will reduce the goods it imports from China by as much as 45% over the next year. On the campaign trail, President-elect Donald Trump said he would impose a…
Steven Madden to cut sourcing from China on tariff worries under Trump
Steven Madden executives said on Thursday the company was working quickly to shift product sourcing out of China to other countries after Donald Trump’s U.S. presidential election victory.
Myanmar’s junta chief finally goes to China
Instead, they invited him to Kunming, the capital of Yunnan province to Myanmar’s north, for a small regional summit hosted by Li Qiang, China’s premier. But their real purpose is to prod him to lay…
Steven Madden Targets 40% Cut to China Imports to Avoid Tariffs
Steven Madden Ltd. executives said they are accelerating plans to shift sourcing out of China to other countries after Donald Trump’s victory in the US presidential election.
China’s luxury slump is trickling down to other consumer companies
For the better part of this year, China has experienced a slump in the most opulent of sectors. Sales for luxury powerhouses like LVMH, Richemont, and Burberry have fallen in the region that once seemed…
Scholars: Increasing imports will help China, world
Imports allow China to bring in products that are urgently needed in the domestic economy but cannot be produced domestically, thereby increasing the vibrancy and innovation capabilities of the …
Audi unveils new EV brand in China without four ring logo
Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just the name AUDI and not its signature four-ring logo, a move aimed at attracting younger customers in the world…
Is the return of Donald Trump China’s dream or nightmare?
His re-election is unlikely to shake those views. The challenge facing China’s rulers is to take advantage of Mr Trump’s comeback, while avoiding the dangers of a second Trump administration. For Xi …
Shiseido Lowers Full-Year Forecast As China Weakness Persists
Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a plunge in net income amid a persistent slump in the key Chinese market.