“China’s simply too big to play by its own rules.” Biden’s predecessor, former President Donald Trump, enacted a sweeping tariff program on $300 billion in Chinese imports during his administration, …
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US and China at odds over corn import ideas after soy divergence
Two months ago, the U.S. Department of Agriculture stopped using Chinese customs data to estimate China’s soybean imports since supplier data indicated much larger volumes, creating a large gap …
President Biden unveils a historic wave of tariffs on ‘strategic’ Chinese imports
President Joe Biden ramps up pressure on China with new targeted tariffs on a range of goods as his rival Donald Trump weighs even more draconian measures should the Republican win in November.
U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
The move comes amid a number of tough China policies from the White House aimed at protecting U.S. national security. U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company…
Bitcoin price pushes toward $63K after bullish Asian session as mainland China approaches BTC ETF market
Mainland China managed 50% attendance at Hong Kong’s Bitcoin Asia conference following BTC and ETH ETF approval.
China is asking its tech giants to ditch Nvidia chips and buy local instead: report
Chinese officials told TikTok parent company, Bytedance, Alibaba, Baidu, and Tencent to buy Chinese-made AI chips instead of Nvidia’s.
China’s brands favored by foreigners unveiled
The 2024 China’s brands favored by foreigners was announced during the China Brand Day events in Shanghai on May 10. Fifty brands were selected, according to Xinhua News Agency. The announced brands …
US bans China crypto-miner from nuclear base area
US President Joe Biden has ordered a Chinese-owned cryptocurrency miner and its partners to sell land they own near a US nuclear missile base, citing spying concerns. MineOne Partners, which the White …
U.S. Blocks China-Tied Crypto Miners as ‘National Security Risk’ Near Nuke Base
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
Biden blocks Chinese-backed crypto mining firm from land ownership near Wyoming missile base
President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, calling its proximity to the base a “national …
McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore
For decades, Western companies made a fortune betting on the inexorable rise of the Chinese consumer. Now an economic slump and the emergence of ferocious local competitors means those bets look less …
Top 10 Chinese brands by value in 2024
TikTok overtakes Industrial and Commercial Bank of China – now in the second place of the latest China 500 2024 Report – while WeChat emerges as the strongest brand among the Chinese brands ranked in…
China Insight: Behind the Delisting of Footwear and Apparel Enterprises, a More Stringent Chinese Stock Market Is Tightening Up
As China’s stock exchanges tighten their rules, many footwear and apparel groups are opting to – or being forced to – delist their shares.