In the summer of 2018, when former President Donald Trump launched a trade war with Beijing, the Chinese economy was gaining on the United States, and popular opinion suggested it could soon become …
Tagged By business
U.S. Chamber of Commerce reportedly sees new export restrictions on China
President Joe Biden’s administration is expected to announce new trade curbs targeting China as soon as next week, Reuters reported on Friday, citing an email from the U.S. Chamber of Commerce. Under …
EU, China close to agreement over EV import tariffs, leading MEP says
Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European Parliament told a German broadcaster. “We …
Brazil, China close to signing pork offal export protocols, sources say
Brazil is close to finalizing protocols for exporting pork offal and fish to China, two people familiar with the matter told Reuters on Thursday, in the wake of a historic visit by Chinese President Xi…
Column: China’s export tax bombshell rocks aluminum market
China’s announcement on Friday may have major long-term ramifications for the global aluminum supply chain, writes Andy Home.
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
Procter & Gamble has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in hair care on the …
US bars more food, metal imports over China’s alleged forced labor
The United States banned food, metals and other imports from about 30 more Chinese companies over alleged forced labor involving the Uyghurs, according to a government notice posted online on …
Bitcoin Breakthroughs: Court Overturns SEC Rule, Gensler Resigns, Goldman Expands Crypto Operations, and China’s Evolving Stance
aims to target financial institutions with tokenized real-world assets and permissioned blockchain solutions, capitalizing on the growing demand for tokenized Treasury bills and ETFs. China announced …
US bars more imports over China’s alleged forced labor
WASHINGTON, Nov 22 (Reuters) – The United States banned imports from more companies over China’s alleged forced labor involving the Uyghurs, according to a government notice posted online on Friday.
Chinese Court Deems Bitcoin Ownership Legal Under Law, Speculating A Reversal On The Crypto Ban
A Shanghai court has ruled that Bitcoin ownership is legal in China, suggesting potential changes in the country’s crypto regulations.
China Vows to Help Firms Export More Despite Growing Backlash
China will attempt to boost exports further, with Beijing promising to support its firms to increase shipments despite a rising global backlash over an influx of cheap Chinese goods.
China’s richest man blasts tech giants and government inaction in rare rebuke
China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide range of companies and industries as the country tackles an economic slump.
Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers.