Tariffs are Washington’s weapon of choice in its trade war against Beijing. The U.S. has levied 25% fees on up to $250 billion worth of goods imported from China, forcing manufacturers to either … (…
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Spain Deports 94 Taiwanese to Beijing for Telecom Fraud
SHANGHAI — Ninety-four people from Taiwan landed in Beijing on Friday after being deported from Spain as part of a joint operation against telecom fraud launched three years ago, the Chinese police … ( read…
Russia Says U.S. Warship Nearly Caused Collision in East China Sea: News Agencies
MOSCOW — Russia’s Pacific Fleet on Friday accused a U.S. warship of nearly causing a collision with a Russian military vessel in the East China Sea due to what it called dangerous maneuvering, Russian ……
China Has Lots of Policy Room if Trade War Worsens, PBOC Chief Says
(Bloomberg) — China has “tremendous” room to adjust monetary policy if the trade war with the U.S. deepens, People’s Bank of China Governor Yi Gang said. “We have plenty of room in interest rates, we…
PM worries China could target more Canadian goods as fears about soybeans rise
OTTAWA — Prime Minister Justin Trudeau says he’s worried an ongoing diplomatic dispute could see China target imports of other Canadian agricultural products as concerns grow about soybean shipments … ( read original story …)
China Focus: Yili, Mengniu, Nestle China, government food safety plans and more feature in our round-up
New products from these brands were also launched on the platform. Facing both opportunities and challenges from China’s new retail scene, Nestlé China said participating in LST Super Brand Day not … ( read original…
Great Wall Motors’ Tula factory in Russia starts production, setting Chinese auto brands on a new journey to global markets
rolled off production lines and is now available in markets outside of China. This signifies that the automaker has entered a new stage with its global strategy but more importantly sets Chinese auto … (…
Mulroney urges government to send Chretien to China to win release of detainees
Desmarais is also the honorary chairman of the Canada-China Business Council. Desmarais “is held in extremely high regard by the Chinese and probably knows more about China than any other living … ( read original…
The Italian Agency That Brings Luxury To and From China
And there is, in fact, a special historical connection between Italy and Xi’an, a large city in central China: They lay on opposite ends of the ancient trade route the Silk Road. The Fashion Town…
Tesla: Why China Poses High Risks
While Tesla is a coveted brand in China, its prices are more than double than top-selling models like the BYD Yuan due to 15% import duties and 17% value-added tax. This is why, a Model…
Volvo’s Premium Electric Sub-Brand, Polestar, is U.S.-Bound With a Tesla Competitor
When is a Volvo not a Volvo? Polestar is a Volvo sub-brand that produces high-end electric performance cars with Volvo underpinnings. Its first widely available model is the made-in-China Polestar 2 … ( read original…
IPO Roundup: Chinese tutoring company GSX Techedu makes its debut; Peloton confidentially files for IPO
The Beijing-based company started hot … announced Wednesday that it had confidentially filed with the SEC for an IPO. The number of shares and price range have yet to be determined. Founded in 2012 ……
Trudeau concerned China will target other agricultural imports
Prime Minister Justin Trudeau says he’s worried China could block imports of other Canadian products – in addition to its recent rejection of canola shipments. Speaking to reporters Thursday … ( read original story …)
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