Elon Musk cautioned there are a number of issues to iron out before he can complete his $44 billion takeover of Twitter …
Tagged By business
Yellen says Trump-era tariffs on Chinese imports could be on chopping block
Treasury Secretary Janet Yellen said Sunday that President Biden is considering reversing some of the Trump-era tariffs on China to combat skyrocketing inflation.
China’s Yacht Market: Opportunities and Challenges for Foreign Players
China’s yacht market appears well-positioned to become a prominent one, with a 14,484km-long coastline and a new class of millionaires.
U.S.’s economic strategy towards China failed
It’s time for the U.S. to change its economic strategy towards China. The extreme economic hostility against China during the Trump administration and the opportunistic cherry-picking by the Biden …
Brands ‘turning their backs on China imports’
NEWARK – Western fashion brands are starting to turn their backs on China as a sourcing destination due to issues ranging from the impact of COVID-19 lockdowns to bans on the imports of goods made…
North Korea stops import of COVID-19 containment products from China
North Korea is currently dealing with an increasing number of COVID-19 cases in the nation. Trade data that was released revealed that Pyongyang suddenly stopped its import of COVID-19 containment …
Biden’s China tariff policy could irritate union allies
President Biden is facing a tough decision on whether to lift some Trump-era tariffs on China, a move that economists say will help inflation but promises to anger labor unions. Biden said …
China’s Electric Car Exports More Than Double, Mostly to Europe
China’s shipments of cars rebounded in May, with electric vehicle exports more than doubling, as Covid lockdowns gradually ended. Most Read from BloombergUS Futures Gain With European Stocks; Dollar …
US import ban over China’s forced labor in Xinjiang takes effect
A U.S. law broadly banning imports from China’s Xinjiang region took effect Tuesday, a move aimed at adding pressure over Beijin …
China increases oil imports from Iran, Russia: report
According to foreign institutions, China has increased oil import from Russia, Iran and Venezuela in May while its oil import from Africa, Brazil and the United States has declined.
China Is Becoming the Biggest Challenge for Luxury Brands
As consumer expectations evolve, brands are feeling the heat. The “all eggs in one basket” strategy that fueled growth in 2021 is now looking precarious.
Quantity over quality: China faces power supply risk despite coal output surge
The world’s top coal consumer relies on coal for 60% of its electricity. Last year, lower domestic coal production led to a weeks-long power crunch that hit manufacturing across the world’s No. 2 econ …
Biden’s Policy Toward China Is A Road To Self-Destruction
President Joe Biden’s administration appears determined to project the image that United States remains the world’s hegemon regardless of cost or …