China’s share of US imports fell to 7.1% in May, the lowest since 2001, according to trade data published on Thursday by the US Census Bureau. That’s a 4.3 percentage point lower than the same…
Tagged By blockchain
Breaking: FTX Victims At Risk Of Losing Claims In China and Other Restricted Jurisdictions
Chinese users make up 82% of FTX claims from restricted regions, with the China crypto ban proving a major legal hurdle in settlement.
China’s industry ministry is set to tackle price war in solar sector
China’s industry ministry pledged on Thursday to curb disorderly low-price competition in the photovoltaic industry, in an attempt to prop up the sector.
Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
U.S. lifts chip design software curbs on China in trade deal
The White House cracked down on sales to China as part of measures responding to Beijing’s limits on shipments of essential rare earths.
China seeks financial advice from Europe to stop economic headache from escalating
As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun quietly seeking guidance from European …
Company says it’s closing Pa. plant due to import ban on American logs into China, among other reasons
The company said there was a range of factors involved in the closing, including skilled labor shortages, rising labor costs, increased prices for equipment and production supplies, global economic …
China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
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…
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.
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 …
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 …
