China controls over 80% of critical materials used in batteries essential for United States defense technologies, a new report revealed on Monday. A report from the Foundation for the Defense of Democracies,
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Starbucks CEO details brand reset plan as turnaround efforts drive sales beat
Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset …
India overtakes China in smartphone exports to U.S.
Meanwhile, China’s smartphone exports to the U.S. shrank from 61 percent last year to just 25 percent of total U.S. imports by June. This is lower than that of Vietnam, which is now responsible for…
China in the Middle East: February 2025
Deal after deal after deal in China-Middle East relations in February 2025. The Middle East now leads BRI investments, with Saudi Arabia accounting for nearly half of the projects. Beijing and Abu …
Trump faces growing pushback over China chip reversal
President Trump is facing growing pushback on multiple fronts over his administration’s decision to allow Nvidia to sell its H20 chips to China, a move that critics argue could give Beijing a leg …
China’s JD.com registers ‘Jcoin’ ahead of Hong Kong stablecoin regime
China’s e-commerce giant JD.com has reportedly registered two stablecoin-linked entities, Jcoin and Joycoin, aligning with Hong Kong’s stablecoin regime coming in August.
Footwear Firms Will Benefit if Trump Moves Forward With Another Pause on China Tariffs
Footwear firms await Trump’s decision on a tariff pause extension for China imports, while EU shoe brands digest news of a 15 percent tariff rate.
China to ‘tighten oversight’ in crowded manufacturing sectors such as EVs and solar power
Corporate competitiveness is being reshaped in key industries as Beijing moves to quell ‘involution’ while speeding up hi-tech developments to boost consumption.
India overtakes China as biggest smartphone exporter to the United States, report says
For the first time India has overtaken China as the No. 1 exporter of smartphones to the United States, following Apple’s tariff-driven manufacturing pivot to New Delhi.
China-US trade talks conclude without deal to prevent tariffs from surging again
Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a clear path forward to avert tariffs from skyrocketing back to ultra-high levels that formed an effective …
China and US agree to extend tariff pauses after ‘constructive’ talks in Stockholm
China and the U.S. have agreed to continue their tariff pauses on each other, according to China’s top trade official.
Why iPhones Are Made In China
Most products in the US are manufactured in China, but expensive products from luxury brands are typically made in their home countries. And Apple is perhaps the most expensive technology brand on …
Apple shutters store in China for first time ever as struggles mount in second-largest market
It’s the first store in China that Apple has been forced to shut down since opening its flagship store in the country in 2008.
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