“We’re trying to reduce our reliance on cheaper raw material imports from countries like China and develop more domestic materials to secure supply chain stability as the US-China conflict intensifies …
Tagged By business
Airbus widens its lead over Boeing in China with plans for second finishing line there
So far this year it has delivered only one 777 freighter to China Air Cargo, and there were only 12 jets delivered in 2022: eight freighters and four to a leasing company. In 2017, the…
China Manufacturing Tops 2023 Supply Chain Risk Factors
In the report, the risk analytics firm cited that the Chinese authorities still haven’t provided a clear roadmap for exiting the pandemic, noting that “China’s rapidly changing Covid-19 policies …
Mexican president asks China for help in fight against fentanyl
Only after several paragraphs of venting, López Obrador brings up China’s exports of fentanyl precursors, and asked him to help stop shipments of chemicals that Mexican cartels import from China. “I …
The Stakes are High at China’s 133rd Canton Fair
U.S. Census Bureau data showed that China imports to the U.S. dropped 22 percent from January to February. Imports fell more than 31 percent from the same period a year prior, from $42.2 million to…
China denies fueling the fentanyl crisis: ‘The root cause lies in the US itself’
A spokesperson said Beijing was never informed by Mexico of ‘the seizure of scheduled fentanyl precursors from China’ …
Top 12 Crypto Exchanges: Where to Buy, Sell, and Trade Digital Currencies
Founded in China in 2013, Huobi has since expanded to serve customers all over the world. With a wide range of coins available for trade and a user-friendly platform, Huobi has become a popular choice…
China’s insurance firm dives into crypto with this major move
China Pacific Insurance Investment Management (Hong Kong) Co., Ltd., and Waterdrip Capital have jointly launched two digital asset funds in Hong Kong, marking a significant move into the world of …
What TikTok ban? Brands actually increased their ad spending on the app last month despite a high-profile congressional hearing
“Brands are committing their budgets in significant figures … TikTok has found itself at the center of the U.S.-China tussles as Washington fears the platform, a wholly-owned subsidiary of Chinese …
Asia week ahead: China’s growth momentum to pick up despite sluggish exports
Next week’s data calendar features China’s loan data, inflation and trade from China and Taiwan, Singapore GDP, and the Bank of Korea’s …
The US is pushing China to a ‘red line’ and companies that do business in the country need to come up with a ‘plan B,’ Yale economist says
US-China tensions are reaching a critical point, and US companies that do business in the country might want to come up with a “plan B” in the event relations between the superpowers deteriorate, …
Stopping America’s LNG exports would hurt producers and send Beijing to Russia’s doorstep
When Sen. Marco Rubio (R-Fla.) quietly reintroduced a bill to ban U.S. oil exports to China in January, it garnered little support or fanfare. But after the public learned that a Chinese spy balloon …
China plans $500M subsea internet cable to rival US-backed project
then it will become easier for the United States and China to manipulate and spy on that data; internet users will suffer a degradation of service; and it will become more difficult to interact or…
