Investors are worried that as Washington dilly dallies around crypto, the U.S. is losing its competitive edge to the rest of the world.
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China’s rare earth imports from Myanmar surge in first half of 2023
China’s imports of rare earths from No.2 supplier Myanmar have surged this year, customs data showed on Thursday, as the world’s biggest processor of the minerals steps up production for its growing …
Carmakers Race to Meet Targets in China as Price Cuts Backfire
China’s top automakers are falling behind their sales targets, suggesting the price war that embroiled the world’s biggest car market in the first half of the year will persist as manufacturers race …
China’s sushi eateries struggle with import controls on Japanese seafood
“We have no choice but to rely on black-market channels,” the head of a sushi restaurant in Shanghai said. The establishment uses high-end sushi made from authentic Japanese seafood as a selling point …
Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023
China has emerged as a major buyer of Russian energy commodities since the war in Ukraine began, and has been snapping up cheap crude oil.
China’s growth model is no longer suited to the global economy, Mohamed El-Erian says
“First, as the most recent trade data show, the global economy no longer supports China’s domestic growth dynamics,” El-Erian said, noting that Chinese exports in June dropped 12.4% and imports …
China doesn’t want trade war with US but will retaliate against new restrictions, ambassador warns
The Chinese ambassador to the U.S. told Aspen Security Forum attendees on Wednesday that while China does not want a trade war with America, it will retaliate against additional curbs.
China’s Cosmetics and Personal Care Market: Key Trends and Business Outlook
China’s cosmetics and personal care market is projected to expand to US$78 billion by 2025, offering many opportunities for foreign brands.
China Swallows Record Flows of Russian Oil and Coal as War Drags
China’s imports of key energy commodities from Russia surged to all-time highs last month, highlighting the growing interdependence of the two nations as the war in Ukraine drags on well into its …
Envoy warns China will ‘definitely’ respond to US tech curbs, but experts say its options are limited
“Given China’s huge import-export gap in the entire semiconductor value chain, China’s only potential weapon is the big market,” Zhang said. He said Beijing might stop buying some semiconductor …
There’s a ‘fundamental limit’ to what can be achieved with China: Jonathan DT Ward
Atlas Organization founder Jonathan D.T. Ward discusses Biden officials visiting Beijing, investing in Chinese companies tied to the military and the U.S. planning to impose limits on China tech investments by 2024.
Tencent billionaire founder Pony Ma hails China’s new plan to boost private economy after tech crackdown
In an article published just hours after China unveiled an action plan to invigorate its economy, Ma pledged on behalf of the internet industry to support the government’s latest strategies.
China doesn’t want a trade war with the US but will retaliate against further curbs, ambassador says
Last month, Secretary of State Antony Blinken traveled to China on a visit focused on reopening communication channels between the two countries and reviving stalled talks between their militaries. Get U-T Business in your inbox…
