Treasury Secretary Scott Bessent on April 28 put the responsibility for reaching a trade agreement on China. He argued China should be liable because it sells five times more to the U.S. than the U.S.
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Shipments from China to drop by 35% next week due to Trump tariffs, Port of LA chief warns
Shipments from China to the West Coast are poised to plunge by as much as 35% as President Donald Trump’s newly imposed tariffs prompt major American retailers to slash import orders, the executive …
China’s EV Brands Shine At The Shanghai Auto Show—While Tesla Stays Home
The world’s EV brands brought their A-game to China’s massive automotive expo. It almost didn’t matter that Tesla was MIA.
Could Shein’s IPO breathe new life into London’s stock market?
Chinese retailer Shein could be set for a blockbuster IPO on the London Stock Exchange. The listing would be a boon for the exchange, but could prove controversial.
China Market Update: Robotics Ecosystem Outperforms, IPOs Are On The Rise In Hong Kong
Asian equities were mixed but mostly higher overnight as Thailand and Taiwan outperformed while Malaysia and Singapore underperformed.
Beijing to invest in blockchain, integrate into infrastructure
Beijing announced a blockchain development plan aiming for widespread industry adoption over the next two years.
Decathlon plans to sell 30% stake in China business, Bloomberg News reports
French sporting goods retailer Decathlon has started a process to sell about 30% stake in its China business, with a deal potentially valuing the unit at about $1 billion or more, Bloomberg News …
Plunging U.S. imports from China could lead to shortages, experts warn
The drop-off in shipments could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
China Asks Drugmakers, Hospitals to Find US Import Substitutes
China has asked some of its state-owned drugmakers to study how they can reduce reliance on the US for pharmaceutical products and raw materials, people familiar with the matter said, as Beijing …
China’s Big Five banks post slimmer margins as economic challenges persist
China’s Big Five lenders on Tuesday reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by a protracted economic slowdown, with rising …
China exports to U.S. fall sharply with 145% tariffs in effect
The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to import.
Analysis-China ramps up global yuan push, seizing on retreating dollar
SHANGHAI/SINGAPORE (Reuters) -As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People’s Bank of China was seizing a moment of …
Green Tea Group secures HKEX approval for IPO
Mainland China restaurant chain the Green Tea Group has secured approval from the Hong Kong Stock Exchange (HKEX) for an initial public offering (IPO) on its fifth attempt in four years. The company, …
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