China already has a larger naval force than the U.S. In 2021 … navy primacy’—the sad fact is this administration and the Congress are essentially doing ‘business as usual’ while the U.S. Navy …
Tagged By business
China Slowly Squeezes Global Carmakers Out of Its Massive Market
Legacy automakers have been sounding optimistic lately about vehicle sales in China heading higher following the great reopening. Volkswagen boss Oliver Blume seemed to come away bullish from his …
L’Oreal buys luxury brand Aesop with eye on China
France’s L’Oreal has agreed to buy Australian luxury brand Aesop from Natura & Co for an enterprise value of $2.53 billion, growing its presence in high-end cosmetics with an eye to international …
Mattress group brings major brands to Shanghai
Sweden-headquartered Hilding Anders Group recently brought its three major brands – HILDING, JENSEN and Slumberland – to the 2023 Shanghai International Hotel Engineering exhibition held at the …
Austin Reaves is getting his own signature shoe this summer with a Chinese brand
The brand is the latest from China to try its luck in the NBA scene. Among those whom we’ve seen endorse brands from the Far East are Tony Parker and Lou Williams with Peak, Dwyane…
Gen Zs are becoming China’s biggest spenders
Gen Zs are not shy to spend their money on themselves, particularly in China where more than 20% of Gen Zs are willing to shell out over 16% of their income for luxury products. This…
China’s blockchain technology for PCO to better facilitate Malaysia’s exports to China
The blockchain technology for Preferential Certificate of Origin (PCO) system from China will better facilitate Malaysia’s exports to China.
China seeks climate change, new energy cooperation with Australia’s BHP – foreign ministry
China hopes Australian miner BHP will tap potential for cooperation in emerging areas such as climate change and new energy, while carrying out more mutually beneficial projects, according to a …
China’s battery king faces scrutiny over EV market dominance
The reprimand for Zeng and CATL was the latest example of the years-long reassertion of CCP control over China’s business elite under Xi. “Is the company too big for its own good in the eyes…
ADB forecasts China, India to power strong growth in ’23
The Asian Development Bank says China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year.
NIO says Tesla can’t dictate EV prices in China, and it won’t partake in the price war
Tesla has little influence over EV prices in China, unlike in the US, where it dominates the market. NIO CEO says Tesla can’t infl …
China’s GoodFaith Technology files for $15M US IPO
GoodFaith Technology (GFCX), a provider of risk management and debt collection solutions in China, has filed to raise $15M through a US initial public offering. GoodFaith said in a filing that it was …
China Import Duties Here to Stay? CIT Upholds Section 301 Tariffs
The additional Section 301 tariffs on imports from China began in 2018, when the USTR imposed duties on specified Chinese imports under Section 301 of the Tarde Act of 1972 (19 U.S.C. § 2411) …
