(Yicai) June 12 — Zeekr Intelligent Technology, the electric vehicle arm of China’s Geely Holding Group, narrowed its first-quarter loss by 18 percent from a year earlier, according to the company’s …
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US FDA import, ongoing supply crunch test China’s tilapia sector
The U.S. Food and Drug Administration (FDA) issued an alert in May 2024 upon the discovery of excessive levels of chloramphenicol – an antibiotic banned by China that is typically used to treat bacterial infections…
UE amenaza con subir aranceles a autos eléctricos importados de China y escala su disputa comercial
La Unión Europea amenazó el miércoles con subir los aranceles a los vehículos eléctricos importados de China el próximo 4 de julio, escalando una disputa comercial por los subsidios de Beijing a las exportaciones que…
UAE’s NMC Health appoints Rothschild for strategic options, including IPO
United Arab Emirates hospital group NMC Healthcare (NMCH) has appointed Rothschild as a financial adviser to help it consider strategic options including an initial public offering (IPO), it said on …
Chinese President Xi Jinping praises blockchain exec in open letter
It is supported by the Shanghai Municipal People’s Government, and the project claims to be the “only regulatory-compliant public blockchain in China.” Chinese computer scientist Andrew Chi-Chih Yao.
Can China’s Export Machine Run Without the West?
China’s exports are still going strong. That has created tension with the West and led to a new wave of tariffs on its eclectic vehicles. But it is also reshaping global trade.The question for Beijing…
Japanese Business Opinion Turns Against China
Japanese business in a recent poll revealed remarkably low confidence on China’s economic and financial prospects.
Saimo Tech Revs Up For Another IPO Race After Two False Starts
The company’s profits rose 10% to around 55 million yuan last year But the firm’s net profit margin has continued to decline, and receivables are piling up By Lau Chi Hang …
US widens sanctions on Russia to discourage countries such as China from doing business with Moscow
The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where top priorities will be boosting support for Ukraine and grinding down …
Europe wants affordable electric vehicles from China. But not at the cost of its own auto industry
FRANKFURT, Germany — The European Union moved Wednesday to hike tariffs, or import taxes, on electric vehicles made in China. EVs are the latest flash point in a broader trade dispute over Chinese …
EU to Slap Tariffs of Up to 48% on EV Imports From China
The European Union will impose extra tariffs on electric cars shipped from China as of next month, taking levies to as much as 48% in a move that further escalates trade tensions and adds to…
The European Union moves to hike tariffs on Chinese electric car imports, escalating trade spat
The European Union has moved to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers.
Europe will hit China’s EV exports with tariffs as high as 38%
Chinese electric vehicles like Nio’s ET5 and EP9 will be slapped with new tariffs on their way into Europe.The regulatory arm of the European Union said Wednesday that it would move to impose new …
