President Joe Biden implied Monday that he may soon cut tariffs on imports from China, noting, “We did not impose any of those tariffs — they were imposed by the last administration.” …
Tagged By business
Eye On China, Joe Biden Says “Quad Not A Passing Fad, It Means Business”
US President Joe Biden today said that Quad is “not just a passing fad but it means business,” asserting that the four leaders of the grouping are here to get things done for the region…
Airbnb says will shut domestic business in China from July 30
SHANGHAI, May 24 (Reuters) – Vacation rental firm Airbnb Inc (ABNB.O) said on Tuesday it will shut down all listings and experiences in China from July 30 … Reuters provides business, financial, …
Biden mulls dropping tariffs on China
President Joe Biden on Monday said he is “considering” lifting tariffs the Trump administration imposed on China. His announcement comes after Treasury Secretary Janet Yellen said last week that she …
Airbnb shutting China business to focus on outbound Asia travel
“China is primarily an outbound business,” Airbnb Chief Executive Officer Brian Chesky said on the company’s first-quarter earnings call earlier this month. “People go to China but primarily they …
To Fight Inflation, Biden Considers Cutting Trump Tariffs on China
President Joe Biden said Monday that he is considering cutting Trump-era tariffs on Chinese goods as a measure to combat inflation. “I am considering it. We did not impose any of those tariffs. They …
Airbnb shuts down its local business in China.
The home rental service is the last remaining large U.S. internet business in China. By Erin Griffith Airbnb, a home rental company, plans to shut down its domestic business in China, in a further …
Airbnb Reportedly Shutting Down Listings In China
After years of struggling with Covid-19 setbacks and stiff domestic competition, Airbnb is shutting down nearly all operations in China, CNBC reported Monday.
Report: Crypto Mining in China Continues Despite Ban
Despite China’s nationwide ban on cryptocurrency mining, data recently published by Cambridge University indicated that mining has persisted in the country by moving underground and altering their …
NFTs vs. China
But a story out of China offers a reminder that crypto isn’t just for investing. Increasingly, it’s also being put to political ends. This one has to do with Non-Fungible Tokens — unique digital …
Airbnb Is Shutting China Business to Focus on Outbound Asia Travel
Airbnb Inc. is shutting its operations in China, choosing to focus instead on outbound Chinese tourism as the country continues its aggressive approach to containing Covid-19.
Airbnb To Quit China Business as Harsh Lockdowns and Competition Weigh on Demand
The company will suspend its domestic business in China but continue to serve Chinese travelers booking in other countries …
Airbnb to Shutter Domestic Business in China: Report
Airbnb is closing its domestic business in China, according to two sources familiar with the matter,” reported CNBC’s Deirdre Bosa on Monday.
