With their near-total reliance on Chinese imports, American fireworks companies have landed squarely in the crosshairs of President Donald Trump ’s trade war with Beijing. China manufactures 99% of the fireworks enjoyed in backyards and…
Featured Posts Title
China’s economic growth slows to 4.8%, hit by tariffs and slack demand
How China Reacted to ‘No Kings’ Anti-Trump Protest in US
To hit back at the United States in their trade war, China borrows from the US playbook
In China, a Forbidden Question Looms: Who Leads After Xi?
China’s Global Network of Shipping Ports Is Too Big for Trump to Unravel
China’s Q3 GDP growth slows to one-year low in test of long-term policy plans
As China drafts its next 5-year plan, is GDP still the magic number?
Recent Posts
China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
China’s north and west on alert after sweeping rains trigger deadly floods
China’s north and west braced for more flash floods and landslides on Thursday as annual ‘Plum Rains’ left a trail of destruction and prompted the mobilisation of thousands of rescue workers to pull …
China’s foreign minister dismisses European worries over rare earths
China’s foreign minister downplayed European worries over rare earth exports restrictions on Thursday, saying it was standard practise to control dual-use goods exports but that Europe’s needs could …
China Vows to Increase Oversight of Wayward Solar Sector
The Chinese government vowed to increase oversight of the nation’s beleaguered solar industry, which has suffered billions of dollars in losses as an over-abundance of manufacturing capacity slashes prices.
China’s first fully 3D-printed mini jet engine soars to 13,000 feet in debut test
China has conducted a successful maiden flight of a miniature turbojet engine manufactured entirely with 3D printing, a development that explores new methods for tackling difficulties in aerospace propulsion.
Trump tariffs live updates: Trump announces Vietnam deal as US-China trade tensions ease
Meanwhile, President Trump on Wednesday said he had reached a trade deal with Vietnam, one week ahead of a July 9 deadline for tariffs to snap back to higher levels for US partner …
China’s tech firms aggressively push for a yuan-pegged stablecoin abroad
China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative …
China’s EV battery makers plan Hong Kong listings, eyeing global market
GUANGZHOU — Chinese electric vehicle battery makers like Sunwoda Electronic and Eve Energy have laid out plans to list on the Hong Kong Stock Exchange, looking to raise funds to increase production …
Only 15 electric vehicle brands in China will be financially viable by 2030, AlixPartners says
BEIJING (Reuters) -Only 15 out of the 129 brands that currently sell electric vehicles and plug-in hybrids in China will be financially viable by 2030, as intense competition forces consolidation and …
China’s Shandong raises fuel oil import tax rebates for some refineries, sources say
The provincial government of Shandong, China’s refining hub, has increased fuel oil import tax rebates for six independent refineries to improve their profitability as they struggle with low margins …
Economic Buzz: China overall business output expands amid fresh rise in factory production
China’s service sector expanded again at the end of the second quarter. That said, rates of both business activity and new order growth eased since May. This was amidst another reduction in new export business.
‘China is not the US’: Europe has challenges but none come from Beijing, Wang Yi tells EU
Top EU diplomat Kaja Kallas urges concrete solutions to rebalance economic ties and calls on China to end restrictions on rare earth exports.
U.S. lifts export bans on chip software to China
The United States lifted export restrictions on exports of chip design software to China, a trio of chip design software companies said.