The move also marks a strategy shift for Shein, which has traditionally flown goods directly from China to shoppers. Shein lacks any physical stores in the U.S. According to the import data seen by …
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Here’s why Jim Cramer believes that fears about Starbucks in China are overblown
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks rose Friday, but Wall Street is …
EU says up to 70% of hi-tech imports ‘killing Ukrainians’ are reaching Russian military via China
The European Union estimates that up to 70 per cent of sensitive, hi-tech products reaching the Russian military are coming via China. Officials in Brussels are currently wrestling with how to stem …
EU trade chief to tell China that retaliation is a bad idea
Some European businesses fear an outsize reaction from China that they worry could come in the form of its own tariffs or other trade curbs that could target industries beyond just cars.
The US may be the loser in Europe’s case against China’s electric vehicles
Here’s where the story takes a different twist — namely, how nearly all imports are from Western brands. Cars that were actually made in China accounted for about 5 percent of all European sales.
Centre launches anti-dumping probe into certain imports from China
The Directorate General of Trade Remedies under the Ministry of Commerce and Industry this week notified the launch of investigations, in a move aimed at protecting domestic businesses from cheap …
U.S. businesses operating in China are confused and worried. Here’s why.
China’s still-floundering economy is only one of a laundry list of worries for foreign businesses active in the country, yet most still plan on investing significant sums into their Chinese operations,
China’s ultra-rich head home as tensions with US increase
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they…
Hopes for Bitcoin Heightened as China Suffers Worst Capital Flight in a Long Time
China suffers the worst capital flight in years due to the depreciation of the Chinese Yuan currency resulting in expectation from BTC.
China Doesn’t Take Us Seriously on Tech | Opinion
China’s tech sector poses an existential threat to America’s national security. Both the Trump and Biden administrations made combating it a priority.
Opinion: In Xi’s China, all the major characters keep disappearing
China is increasingly looking “like the stage of a sinister mystery play, with major characters disappearing from view, and government officials acting like nothing unusual is going on,” writes Frida Ghitis.
Xinhua Silk Road: China services trade fair provides huge opportunities for global businesses
As one of the world’s largest and most comprehensive fairs for trade in services, the CIFTIS has demonstrated China’s active role in working with other countries to promote trade in services and drive global economic…
Biden’s IRA drives surge in US imports of Chinese used cooking oil
U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking oil, worth almost $390 million in the last 12 months and growing rapidly, China’s customs data…