Chinese manufacturers are leveraging TikTok and other social media platforms to directly appeal US consumers, offering luxury goods at significantly reduced prices. These factories claim to produce …
Tagged By beijing
Luxury brands cut price of exclusivity as Chinese spending drops
ON A recent spring afternoon, models paraded Louis Vuitton’s latest collection inside the French brand’s Beijing flagship store, to the clink of champagne flutes and polite applause from a select …
China, Kenya upgrade ties amid ‘turbulent international situation’
China and Kenya announced they had upgraded ties to a “new level” on Thursday during a meeting between President Xi Jinping and Kenyan President William Ruto in Beijing, as they both pledged to create …
From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals
State lawmakers across the U.S. have introduced at least 240 anti-China proposals this year, aiming to ensure public funds don’t buy Chinese technology or even T-shirts, coffee mugs and key chains for …
China Refuses to Do Business With Major U.S. Company Amid Tariffs
Tensions between the United States and China have been high in recent weeks as a result of a trade war between the two countries. And it sounds like one major U.S. company has been impacted.…
Hang Seng Index edges down in opening trades
The Hang Seng Index lost 42 points, or 0.19 percent, to open at 22,030 on Thursday. Mainland stocks opened lower, with the benchmark Shanghai …
End Of US-China Trade War? Trump Signals Softening Stance, Says Will Reduce Tariffs On Beijing ‘Substantially’
Speaking at a White House press briefing on Tuesday, Trump said the tariff rate, which has reached as high as 145 per cent, is “very high and it won’t be that high.” …
China’s fast-growing EV makers pursuing varied routes to global expansion
The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with …
Bessent Says U.S. Wants to Help China Pivot Away From Exports
The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary Scott Bessent said Wednesday. “China’s current economic model is built on …
Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable
Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any signs of a thaw in the stalemate between the world’s two largest economies.
Dow surges over 400 points amid new Trump statements on China tariffs
Stocks surged for a second day as President Trump appeared to soften his stance over tariffs on imports from China. The President said he will strike a ‘fair deal’ with China. NBC News’ Peter Alexander…
Trump may slash China tariffs by 50%, report says
The Trump administration is mulling steep tariff cuts on China imports, signaling a de-escalation in the trade war. Trump’s reversal lifts investor sentiment.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.
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