China’s share of U.S. imports hits a 20-year low, with Mexico and Canada becoming America’s top two trade partners.
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China’s July crude imports drop to lowest since January
China’s crude oil imports in July fell 18.8% from the previous month to the lowest daily rate since January, customs data showed on Tuesday, as major exporters cut back overseas shipments and domestic …
China’s Stalling Economy Puts the World on Notice
As China’s economy flashes indications of decline, the consequences pose perils for countries around the globe.
Biden says China is ‘ticking time bomb’ due to economic woes
Speaking during a campaign fundraising event in Utah, President Biden called China a “ticking time bomb” on Thursday, telling attendees that the country is in “trouble.” …
AEI’s Elisabeth Braw explains why doing business in China may no longer be insurable
Elisabeth Braw, AEI senior fellow in foreign and defense policy, joins ‘Squawk Box’ to discuss the political risk insurance market, why doing business in China might be uninsurable, the cost of …
Tesla Competitor Zeekr Cuts Prices in China. That Isn’t a Great Sign.
Chinese luxury EV brand Zeekr is offering discounts for its Zeerk 001 crossover-sized vehicle that competes with a Tesla Model Y.
China’s Imports Of Saudi Oil Set To Soar Despite Production Cuts
Chinese imports of oil from Saudi Arabia under term contracts is set to soar in September despite the Kingdom’s production cut.
BYD calls on China automakers to unite, ‘demolish the old’ in global push
In July, the industry group representing China’s automakers retracted a pledge to avoid “abnormal pricing” brokered between 16 automakers, including BYD. The China Association of Auto Manufacturers …
China’s GAC Is Said to Plan New Models to Vie for Russians’ Favor
(Yicai) Aug. 11 — GAC Group, a Chinese automaker that owns brands such as Trumpchi, Aion, and Hycan, is developing new models to target Russia which imports most of its foreign cars from China, …
China claims to have exposed CIA espionage case after arrest of alleged agent
The changes “have raised legitimate concerns about conducting certain routine business activities, which now risk being considered espionage”, wrote Craig Allen, president of the US-China Business Council, in a recent blog. “Confidence in China’s market…
China-Mongolia border port sees surging trade volume in Jan-July
The Erenhot port now serves 69 China-Europe freight train routes, connecting over 60 overseas destinations across more than 10 countries. As of July 30, the port had handled 1,800 trips of …
China drugmakers axe IPO plans as they face scrutiny in anti-graft drive
A growing number of healthcare companies in China are shelving their initial public offering (IPO) plans as its stock exchanges have stepped up scrutiny of the pharmaceutical industry’s business …
Huobi grapples with rumours of employee arrests, insolvency and fraud in roller coaster week for crypto world
The torrent of allegations has triggered a roller-coaster ride in the crypto market over the past week, as the company remains committed to applying for a retail licence in Hong Kong.
