China has underestimated President Donald Trump’s resolve to press ahead with tariffs unless Beijing changes its “predatory” trade practices, a top U.S. trade adviser said on Tuesday, in comments that undercut the chances of a…
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Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back…
China slams U.S. ‘blackmailing’ as Trump issues new trade threat
“The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the U.S., but of the world.” U.S. business groups said…
China’s Xiaomi pulls mainland CDR offering until after HK IPO
SHANGHAI/HONG KONG (Reuters) – Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall…
Trump threatens China with $200B in new tariffs
He said the move would be in retaliation for China’s decision to raise tariffs on $50 billion in U.S. goods. “After the legal process is complete, these tariffs will go into effect if China refuses…
As Trump Escalates Trade Fight, China Can Take the Hit
China could retaliate with its own tariffs on the United States’ far smaller exports in the other direction across the Pacific. Plus, it could impose punitive measures against American companies doing business here. Any measures…
Pompeo says China trade policies ‘predatory’
China has long denied U.S. charges that Chinese firms have stolen ideas and software or forced firms to turn over intellectual property as part of the price of doing business in China. U.S. President Donald…
Tariffs on $50 Billion in Goods? China Can Take the Hit
China could retaliate with its own tariffs on the United States’ far smaller exports in the other direction across the Pacific, plus impose punitive measures against American companies doing business here. Any measures carry the…
China could beat the US in a race to get solar power from highways
China is starting to find more success than the US with solar highway projects. Proponents of solar roads say they provide a way to generate solar power without paying for additional land. Critics say solar…
8 ways WeChat can help luxury brands reach Chinese consumers
There’s no doubt that China is the place to be for luxury brands right now. So how can businesses tap into this huge market? Thankfully, China is one of the most digitally innovative countries in…
Goldman sees slightly easier China monetary policy amid trade tiff with U.S
SHANGHAI (Reuters) – Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that, while likely to have limited immediate impact on…
China’s tariffs on U.S. oil would disrupt $1 billion monthly business
SINGAPORE (Reuters) – China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month. In…
The biggest player you’ve never heard of in the auto industry is moving into China in a big way
“From a strategic point of view, the establishment of the JVs will benefit both Magna and BAIC to further strengthen our business growth in China,” BAIC Chairman Xu Heyi said. Follow us on: ( read…
