I look at what the presidential contenders are saying about foreign policy. This Week: China’s effort to solve its economic woes by doubling down on exports is creating a policy
Tagged By business
Multinational corporations confident with China’s opening-up
Benefiting from China’s opening-up in the past few decades, multinational corporations keep their strong confidence towards the development prospects in the China market in the years to come, according to senior executives of multinational companies.
The cost of imports from Asia and North America are moving in opposite directions
Automotive products and energy from North America got a bit more expensive, while currency issues hit Asian consumer goods and electronics.
US says China is boosting Russia’s war machine in Ukraine
China is supporting Russia’s war effort in Ukraine by helping Moscow ramp up its defense production through large amounts of machine tools, microelectronics, drone and cruise missile technology, senior U.
‘Low price’ is the word at China’s largest trade show
U.S. and EU officials are concerned their own industries won’t be able to compete with China’s vast industrial capacity driving down prices. But deep and prolonged factory gate deflation has become a concern domestically as…
Luxury goods industry braced for trouble as slowdown in demand from China hits sales
The luxury goods industry is braced for trouble as a slowdown in demand from China hits sales. LVMH will be the first major player to shed light on business when it updates investors next week.
Xi Jinping’s chief of staff urges business mogul to boost US-China ties at ‘critical crossroads’
Cai Qi, China’s No 5 official, holds rare meeting with influential American businessman John Thornton, who was granted unprecedented access to the country during Covid-19 era.
Dave McCormick’s former company invested in Chinese manufacturers of military equipment: Report
While McCormick was CEO or co-CEO of Bridgewater Associates, the hedge fund held more than $200 million in stock in at least 20 Chinese companies that were later sanctioned by the United States for …
China March iron ore imports edge up, steel exports near 8-year high
China’s iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as steelmakers …
China gave BYD an incredible $3.7 billion to ‘win’ the EV race
China has been heavily subsidizing its green tech sectors. But BYD is a favorite child of the bunch, receiving subsidies to the tune of “at least” $3.7 billion, according to a new German study.
Banning The Shein IPO Is Un-American
Banning a U.S. IPO for Shein sends a concerning message about America’s commitment to disclosure-based capital markets and leadership in championing innovative companies.
China body says EU electric vehicle probe is stacked against Chinese producers
The European Union’s investigation into electric vehicles is stacked against Chinese manufacturers, not transparent and in violation of global trading rules, even before its outcome is known, a …
US airlines ask Biden to ban additional flights to China, cite America’s ‘competitive disadvantage’
Lobbying group Airlines for America argued that Beijing’s “existing harmful anti-competitive policies” hurts US airlines and its workers.