China’s system of mercantilism blocked exports from the West while it used state subsidies to build its own industry. It stole intellectual property. It conditioned Western investment on “partnerships …
Tagged By business
Trade balance worsens from China, Russia factors
SEJONG — South Korea’s trade-related officials are striving to overcome the worsening trade balance in the wake of declining exports to major destinations, including China and Russia, from a variety …
Oil slips on China growth worries as EU weighs Russian crude ban
Around half of Russia’s 4.7 million barrels per day (bpd) of crude exports go to the EU, supplying about one-fourth of the EU’s oil imports in 2020. “In the absence of an immediate EU total…
Indian professionals in China urge Jaishankar to press Chinese govt to permit return of their families
The families of dozens of Indian professionals left China in 2020 soon after coronavirus broke out in Wuhan. But many Indian professionals who have their business in China besides lucrative jobs could …
In Republican Primaries, China is the Enemy
That damning line turned out to be a reference to Ohio’s public investments in shadowy firms such as Apple that do business in China. Had Gibbons called Mandel bigoted, he might have been on …
Asian factories defy China slowdown as Euro area loses momentum
SYDNEY (BLOOMBERG) – Asia’s factories did a better job in the past month than their European counterparts of weathering the impact on global supply chains of China’s lockdowns and the conflict in …
Interview: China has great investment prospects for further development, says German expert
According to the 2022 China Business Climate Survey Report jointly released by the American Chamber of Commerce in China (AmCham China) and PwC, around 60 percent of the surveyed companies said they …
South Korea’s exports to China down in April
SEOUL: South Korea’s exports to China dropped in April, highlighting the impact that Covid-19 related lockdowns in Chinese cities are having on supply chains around the region. Shipments to China fell …
ARM China restructures ahead of IPO
ARM has reportedly replaced Allen Wu, the CEO of its China subsidiary, with two co-CEOs. This clears the path for a planned initial public offering of shares in the company after a two year dispute.
Green growth: Environmental philanthropy in China
Despite the importance of environmental NGOs in China, philanthropists also utilize their own business expertise when crafting a solution. In the West, there are large independent foundations which …
Climate change: German start-up Nuventura seeks partners in China to stamp out the world’s most potent greenhouse gas
“We are looking into the right structure in China [as] our business model worldwide is to license our technology,” said CEO Fabian Lemke. “It might be a combination of a joint venture with a local…
The crypto industry wants to go green — but that’s easier said than done
Governments around the world are growing concerned. Some countries, such as China, have gone so far as to ban crypto mining outright. In northern Sweden, Canadian firm Hive Blockchain is relying on a …
My nearshoring bill would curb China and reduce illegal immigration
The coronavirus pandemic revealed to many people the depth of our dependence on China for medicine and medical supplies such as PPE. Seventy percent of U.S. imports of acetaminophen and around half of …
