Some of the last cargo ships carrying Chinese goods without crippling tariffs are currently drifting into US ports. Come next week, though, that will change.
Tagged By beijing
Star deputy at China’s top securities regulator Wang Jianjun in corruption probe
Architect of ChiNext hi-tech stock exchange’s 2020 boom under investigation for alleged ‘serious violations of discipline and laws’.
Beijing Doesn’t Want America to See Its Trade-War Pain
Plunging trade across the Pacific is leading to production halts and threatening job instability for millions of Chinese.
US Has Reached Out to China to Talk Tariffs, State Media Says
Trump said in a U.S. media interview published last Friday that his administration was talking with China to reach a tariff deal and that China’s President Xi Jinping had called him. Beijing last week …
China’s top diplomat backs Iran’s nuclear diplomacy ahead of US talks
China’s Foreign Minister Wang Yi told a senior Iranian national security official on Wednesday that Beijing appreciated Tehran making diplomatic efforts regarding its nuclear programme, ahead of a new …
Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers
The expiration of the so-called de minimis rule that has allowed as many as 4 million low-value parcels to come into the U.S. every day — mostly from China — is also forcing businesses that…
US-China trade war putting thousands of American jobs at risk, business lobby group warns
The trade war between the United States and China has put more than US$140 billion worth of American exports and thousands of jobs at risk, according to a new report by a US business lobby…
China Is Still Winning the Battle for 5G—and 6G
But as the United States sat complacently in the top position, trusting that the strength of the free market would keep it there, China was carefully setting itself up as a challenger. Beijing poured …
China’s April Resale Home Prices Fall as More Properties Put up for Sale, Report Says
“Price cuts to drive sales remained the market norm,” the China Index Academy wrote in the report published on its official WeChat social media account on Thursday. It said there were a relatively …
China pivots to Europe for used cooking oil exports as tariffs hit shipments to US
China’s used cooking oil (UCO) exports to the United States, its largest buyer, are set to plunge in coming months due to steep tariffs, forcing sellers to divert shipments to Europe and elsewhere, industry players…
Dow Chasing 7-Day Winning Streak. Chinese Exports Show Tariffs Hit.
Stock futures were mostly falling early Wednesday after gaining in the previous session as the U.S. trade war started to hit economic data, an ominous sign that the real-world impact of President Donald Trump’s tariffs…
China blames US for origin of COVID-19 and turning ‘deaf ear to the numerous questions over its conduct’
China is blaming the United States for the origin of COVID-19, accusing Washington of “evading responsibility” for the virus amid multiple statements by President Donald Trump that it was leaked from …
China’s reliance on soybean imports continues despite cutback plans
Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own tariffs could provide a big boost, said Indermit Gill, the World Bank’s chief economist.