Chinese insurance broker Yuanbao is targeting a valuation of up to $676.3m (4.93bn yuan) in its US initial public offering (IPO), reported Reuters. The company intends to raise up to $30m by offering …
Tagged By business
China exempts some U.S. imports from 125% tariff rate
China has not communicated publicly on any exemptions. Despite comments from U.S. President Donald Trump saying that he’s spoken with Chinese president Xi Jinping about tariffs, China maintains that …
China’s latest response on tariffs sends shock into the market
China denied engaging in any tariff negotiation with the U.S. China’s foreign ministry spokesperson said the U.S. should stop creating confusion.
How much does it cost to manufacture a luxury handbag? The Chinese manufacturers’ rebellion against Trump
Amid the trade war, Chinese manufacturers are revealing how and at what cost they produce these items for brands that later sell them for thousands of euros in the West. The 145% tariffs imposed by…
China attaches great importance to IP protection, MOFCOM responds to video claiming purchases of international brands from Chinese ‘OEM factories’
VCG. In response to media inquiries about a recent US social media video claiming that international brand products could be bought c …
China speeds ahead on electric vehicles as Trump locks in defeat
After pulling his name off the waitlist for an F-150 plug-in, he’s waiting for the day the United States catches up to China. He’s in for a long wait. China is leapfrogging the United States…
China Reportedly Wants To Exempt Some U.S. Items From 125% Tariffs
China imposed 125% tariffs on all U.S. imports earlier this month in a tit-for-tat response to the Trump administration’s “reciprocal” tariffs against China.
Trump changes tone on China tariffs, indicating rate may come down substantially
President Trump has begun speaking differently about tariffs on China, saying the rate will come down substantially. And while it’s not clear Trump is actually changing policy, he is changing tone.
China may shift from US Treasurys toward gold, crypto — BlackRock exec
Geopolitical risks may drive China and other central banks to reduce reliance on US Treasurys, favoring gold and Bitcoin, says BlackRock’s Jay Jacobs.
US leads in smartphones, China dominates production
The US-China tech rivalry continues in smartphones, as the US maintains its leading position with well-known brands and technological prowess, while China dominates in production as the world’s …
China restricts exports of rare earths and other minerals. How does the system work?
China has been flexing its control over the mining and refining of minerals by adding metals essential for clean energy, chipmaking and defence to its export control list, disrupting global supply and sending prices soaring.
Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first does not mean America alone,” sharing that more than 100 countries have come to the table to talk…
BTC News: Trump’s China Tariff U-Turn Sends Bitcoin Flying Past $94,000
Bitcoin remains highly sensitive to global policy decisions, reinforcing its role as a hedge and sentiment gauge during economic uncertainty.
