Higher import tariffs on China-made electric cars in Europe could set off a tit-for-tat escalation akin to that between the US and China.Credit: Bloomberg With the EU accusing China’s EV makers of not …
Tagged By brands
China courts Spain to push EU on electric vehicle probe
In a separate statement, the Chinese ministry also said it had set up a coordination mechanism for foreign-funded enterprises to express their difficulties about doing business in China. It gave no …
China’s underutilized factories fan export dump fears in U.S. and Europe
HONG KONG — In mid-March, newlywed Lisa joined the production line at a just-built electric vehicle plant of Li Auto, a star of China’s burgeoning EV industry. She hoped to help cover the couple’s living…
Export inspections all up on week, year
The USDA says corn, soybean, and wheat export inspections for the week ending May 30th were a little bit slower than what’s needed to meet projections for the 2023/24 marketing year. The 2023/24 marketing started…
Conspiracy theory-fueled newspaper Epoch Times grew revenue 4x thanks to CFO’s crypto crime proceeds, feds say
Federal prosecutors say Bill Guan, an executive at Trump-friendly news outlet the Epoch Times, laundered millions to support the publication.
China’s premium wine industry fermenting a ‘buzz and energy’, and it’s ‘only going up’
The two brothers who run Qingdao Lilong Winery of China quietly served samples of their bubbly Sancaro brand to a trickle of people in a corner of the vast Vinexpo Asia in Hong Kong last…
Shipment costs from China will rise as merchant ships reroute around Africa as Middle East conflict escalates
Merchant ships are bypassing the Red Sea and taking a longer route around Africa, contributing to China’s shortage of empty containers. As a result, the costs of importing goods from China and Russia …
Letter From Asia: The Americans Are Leaving China in Droves, but Will It Level the Playing Field?
The risks inherent to running a legal business in China now far outweigh China’s appeal. But over the past 18 months, no U.K. law firms have exited China, nor have they closed any offices on…
Shein IPO: Why the rumored London stock listing is as surprising as it is controversial
China-founded Shein is rumored to eyeing an IPO on the London Stock Exchange, a surprising choice for the fast-fashion behemoth …
Why China Buys U.S. Debt With Treasury Bonds
China and many other countries buy U.S. debt through the purchase of Treasury bonds, here are the factors behind those purchases.
‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report
The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says its “inevitable” that China will reverse course and open up to crypto assets.
Ukraine says China is in Russia’s pocket. It may be the other way around.
It’s bad news for Russian President Vladimir Putin, with the Russian gas industry having been badly impacted by sanctions and increasingly dependent on exports to non-Western countries, notably China. China’s leader, Xi, has exploited the…
Biden and Trump share a faith in import tariffs, despite inflation risks
Both candidates’ trade plans focus on tariffs on imported Chinese goods even as economists warn they could lead to higher prices.
