U.S. meat and processed food maker Tyson Foods plans to sell its China poultry business, three people with knowledge of the matter said, in the latest case of a multinational firm looking to divest from…
Tagged By business
China’s economy appears to be slowing with data showing declines in exports, imports
New data released last week showed Chinese exports fell for the third straight month in July, with imports declining last month as well. Peter Goodman, global economics correspondent for The New York …
WTO finds China acted ‘inconsistently’ by imposing additional duties on certain US imports
The World Trade Organization ruled in favour of Washington against Beijing in a tariff dispute on Wednesday, finding that China had violated international trade rules when it imposed additional duties …
China’s yuan falls against dollar, raising questions about weaker currency to boost exports
China’s yuan has dipped briefly to a 16-year low against the dollar, raising questions about whether Beijing might weaken its currency to help struggling exporters and reverse a deepening economic …
Tesla Cuts Prices in China as Price-War Truce Fails
The EV maker has cut the prices of some of its vehicles, as it looks to maximize sales volume even if it means lower profit margins.
China Has Perfectly Tangled The Battery Value Chain With Electric Vehicles, Leading To A Combo The U.S. And Europe Will Find Hard To Beat
Leading To A Combo The US And Europe Will Find Hard To Beat. More than that, they are a key technology required to reach the climate neutrality goals of the Paris Accord.
Huobi Executives Reportedly Held In China, Is QUBE The Next Billion-Dollar Crypto Token To Buy In August?
In the whirlwind of the crypto realm, Huobi’s executive detentions in China ripple across the market, sparking questions on illicit activities.
Hong Kong’s crypto stance: Execs weigh in on Web3 in the region
Matthew Cheung from HKVAX believes that the Hong Kong’s licensing framework solves the banking issues faced by crypto projects in the region.
China’s capital market gains optimization since launch of across-the-board registration-based IPO system
VCG. Since the onset of across-the-board registration-based IPO system half a year ago, China’s capital market has gained continuous optimization in terms of re …
Column: China makes rare draw on crude oil inventories as imports slip
LAUNCESTON, Australia, Aug 17 (Reuters) – China made a rare draw on crude oil inventories in July as imports softened and refinery processing remained elevated to meet rising domestic demand and a …
Exclusive-US imports of auto parts face scrutiny under law on Chinese forced labor
Electric-vehicle batteries and other car parts are the latest products under scrutiny as part of Washington’s effort to stamp out U.S. links to forced labor in Chinese supply chains, according to a …
China Demands US Lift Steel, Aluminum Tariffs After WTO Ruling — Commodities Roundup
Brent crude oil is up 0.9% at $84.18 a barrel. — European benchmark gas is 1.4% higher at EUR38.33 a megawatt hour. — Gold futures …
China’s $3T Shadow Banking Exacerbates Contagion Risk
China’s economy is a hybrid blend between officially sanctioned state capitalism and a grey economy. This has been evident for years in the crypto market, wherein China still produces the …
