Soft domestic goods demand and the broader economic slowdown in China are also impacting global trade. South Korea’s exports to China plunged 20% in August. Japan recorded a contraction in exports to …
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China’s foreign trade dips 0.1% in January-August
China’s imports and exports in yuan terms edged down 0.1 percent year on year in the first eight months of the year, official data showed Thursday.
Some US exclusions on China tariffs extended
As the United States on Wednesday further extended tariff exclusions on some Chinese imports until the end of 2023, China’s embassy spokesperson and analysts said that all the remaining additional …
Oil prices inch up with U.S. inventory draw, China imports in focus
Investing.com– Oil prices rose slightly in early Asian trade on Thursday, sticking to 10-month peaks as signs of another draw in U.S. inventories added to expectations that global crude supplies will …
Commerce Sec. Raimondo: U.S. businesses are saying the risk of doing business with China is too high
Mad Money’ host Jim Cramer sits down to talk China with U.S. Commerce Secretary Gina Raimondo.
China Places iPhone Ban On Government Officials
China has instructed its central government officials not to use Apple’s iPhone and phones from other foreign brands while at work.
China Prohibits Government Officials from Using iPhones at Work
However, other foreign smartphone brands were not mentioned in the reports. Additionally, analyst speculates that the upcoming Apple event could raise concerns among foreign firms running their …
China and Japan use new tricks to stifle US dollar
The stage is set as China and Japan craft strategic maneuvers to mitigate the overbearing strength of the US dollar. Their determined tactics are in response to an intimidating rally by the greenback …
US extends tariff exclusions on some Chinese import categories through end of 2023
The administration of former President Donald Trump used Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners’ unfair practices, to launch the China tariffs in 2018 and …
What China’s potential iPhone ban could mean for Club name Apple
Apple’s (AAPL) standing as an aspirational brand in China shouldn’t be affected by an apparent move by Beijing to sever its reliance on foreign technology.
China’s Shandong Province sets ambitious $20.5 billion metaverse goal by 2025
In a bold move, China’s Shandong province has released draft guidelines to boost its metaverse industry, targeting a market size of 150 billion yuan (US$20.5 billion) by 2025. The eastern Chinese …
Huawei’s Mate 60 Pro will help it take lost ground in China but can it help the smartphone giant regain global glory?
Huawei’s Mate 60 Pro may prove popular with domestic consumers but analysts say its overseas appeal will be limited Counterpoint says new model could help Huawei make it back into the top four brands …
Wall Street Journal: China bans use of iPhones for government officials
The iPhone ban for government officials may be retaliation for similar moves made by the US against Chinese tech, and could have a chilling effect on Apple and other large foreign brands with an …