U.S. President Donald Trump said on Thursday he expects there to be substantive negotiations between the United States and China on trade this weekend and said tariffs couldn’t get higher than 145 …
Tagged By brands
Luxury Labels Ditch Steep China Discounts to Rebuild Brand Value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.
AI execs say US must increase exports, improve infrastructure to beat China
The Senate Commerce Committee wants to cut regulatory barriers to U.S. artificial intelligence after China’s DeepSeek debuted its high-quality, affordable AI model last year.
Hong Kong IPOs outshine broader market spurred by inflows from global, Chinese funds
The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.
China-led funds spur largest monthly inflow into gold ETFs in three years
The inflow into physically backed gold exchange-traded funds in April was the largest since March, 2022, with China-listed funds leading the move due to the country’s trade war with the U.S., data …
Crypto Price Prediction: PEPE, TRUMP, BONK Lead Rally Ahead of Trump’s ‘Big Announcement’
The crypto price prediction today, May 8, is bullish amid widespread gains driven by President Donald Trump, who has teased an upcoming “big …
Sports brand Puma adapts supply chain for China tariffs impact, hints at US price hikes
German sportswear brand Puma has reduced the amount of merchandise it ships to the United States from China to adapt its supply chain to tariffs, and could increase prices in the U.S., the chief …
China resumes Brazilian soy imports from 5 suspended firms ahead of Lula visit, source says
China, the world’s largest soybean buyer, has resumed Brazilian soybean shipments from five firms previously suspended over phytosanitary concerns, according to a source familiar with the matter and Chinese customs data.
China likely to record a dip in April exports due to US tariffs
Exports of products from inland China, a pillar of its post pandemic recovery, appears to be sputtering due to US tariffs by the Trump administration.
Exclusive: BYD aims to sell half its cars outside China by 2030, sources say
BYD, China’s No. 1 automaker , aims to sell half of its vehicles outside the Chinese market by 2030, a massive increase that would make it a rival to the world’s largest automakers, according to…
China exempts some US imports from tariffs
China has granted tariff exemptions on select pharmaceuticals, microchips and aircraft engines from its 125% retaliatory tariffs on U.S. goods imposed after President Donald Trump unleashed his …
China loosens gold import quotas with eye on arresting yuan rally
China’s central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently increased quotas, two people with direct knowledge of the matter said on …
Trump economic adviser says China has no ‘substitute’ for US on imports
White House Council of Economic Advisers Chairman Stephen Miran argued the United States has “leverage” over China ahead of the upcoming negotiations between the two countries, which are being held …
