Beijing expressed “deep regret over the development” and reiterated … Lyft is now trading about 25% below its IPO price because of concerns about how much money it is losing, competition with Uber … (…
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The latest: Trump says China trade talks ‘very congenial’
BEIJING — The latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 8:00 p.m. U.S. President Donald Trump says trade talks … (…
Burned before, U.S. pushes for way to enforce China trade deal
Business groups, disappointed that China didn’t fully open up to foreign competition after joining the World Trade Organization in 2001, are pressuring the administration to hold out for a deal that … ( read original…
China will impose ‘necessary countermeasures’ as higher U.S. tariffs start Friday
The latest U.S. increase might hit American consumers harder, said Jake Parker, vice president of the U.S.-China Business Council, an industry group. He said the earlier 10 percent increase was … ( read original story…
Trump doubles tariffs on $200 billion of Chinese imports, escalating U.S.-China trade war
China is the second-largest export market for U.S.-built vehicles … I happen to think that tariffs for our country are very valuable,” Trump said. Many business leaders, who support the president’s … ( read original…
China, Defiant but Careful, Promises Aggressive Response to Tariffs
That’s just how it is.” At the beginning of the year, China’s position was more defensive. Its economic growth slowed in the second half of last year, in part because tariffs hurt business confidence. ……
More U.S.-China trade talks, Uber’s IPO, Durant’s injury: 5 things you need to know Friday
Beijing said it would retaliate … its debut on the New York Stock Exchange on Friday with its highly anticipated initial public offering (IPO). Ride sharing is unquestionably a growth industry: The … ( read…
Cashing out in Uber’s IPO: China, Russia and the Middle East
SAN FRANCISCO (Reuters) – In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and … ( read original story …)
What Canada must learn from China’s canola war
There is a lesson for Canada in this. The promise of China profits entranced many, and the canola business seized upon the opportunity better than most. The risk of becoming the target for a ……
First day of U.S.-China trade talks end; Trump’s tariff hike set to take effect
Tension between Washington and Beijing has risen after a major setback in negotiations last week when China revised a draft deal and weakened commitments to meet U.S. demands for trade reform. … ( read original…
What’s the U.S.-China trade war all about?
Another major beef the Americans have with China is over so-called forced technology transfer policies. The rules dictate that foreign companies looking to enter the Chinese marketplace must share … ( read original story …)
North American stocks drift as U.S.-China trade war escalation looms
TORONTO – North American markets drifted up and down again Thursday with every presidential tweet and comment ahead of a possible escalation in the U.S.-China trade war. Markets have been volatile all … ( read…
Burned before, US pushes for way to enforce China trade deal
Business groups, disappointed that China didn’t fully open up to foreign competition after joining the World Trade Organization in 2001, are pressuring the administration to hold out for a deal that … ( read original…
