As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun quietly seeking guidance from European …
Tagged By export
Company says it’s closing Pa. plant due to import ban on American logs into China, among other reasons
The company said there was a range of factors involved in the closing, including skilled labor shortages, rising labor costs, increased prices for equipment and production supplies, global economic …
China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
With their near-total reliance on Chinese imports, American fireworks companies have landed squarely in the crosshairs of President Donald Trump ’s trade war with Beijing. China manufactures 99% of the fireworks enjoyed in backyards and…
China’s tech firms aggressively push for a yuan-pegged stablecoin abroad
China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative …
China’s EV battery makers plan Hong Kong listings, eyeing global market
GUANGZHOU — Chinese electric vehicle battery makers like Sunwoda Electronic and Eve Energy have laid out plans to list on the Hong Kong Stock Exchange, looking to raise funds to increase production …
China’s Shandong raises fuel oil import tax rebates for some refineries, sources say
The provincial government of Shandong, China’s refining hub, has increased fuel oil import tax rebates for six independent refineries to improve their profitability as they struggle with low margins …
Economic Buzz: China overall business output expands amid fresh rise in factory production
China’s service sector expanded again at the end of the second quarter. That said, rates of both business activity and new order growth eased since May. This was amidst another reduction in new export business.
U.S. lifts export bans on chip software to China
The United States lifted export restrictions on exports of chip design software to China, a trio of chip design software companies said.
How the U.S.-China trade war could cut fireworks displays short this Fourth of July
The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.
Trump moves to shut Vietnam tariff backdoors exploited by China
The United States and Vietnam have agreed on a two-layer tariff system designed to stop goods routed through Vietnam, often to dodge US duties, from entering …
China’s Geely Brand Enters Italy With All-Electric, Hybrid SUVs
Billionaire Li Shufu’s Geely Automobile Holdings will enter Italy for the first time with its namesake brand, extending a push by Chinese carmakers to expand in Europe.
China Eases Tax Burden on Struggling Independent Refiners
Shandong province has raised fuel oil tax rebates for six independent refiners to ease financial pressures and stimulate industrial activity.
Only 15 electric vehicle brands in China will survive by 2030, AlixPartners says
Only 15 out of the 129 brands that currently sell electric vehicles and plug-in hybrids in China will be financially viable by 2030, as intense competition forces consolidation and some to exit the market,
ADVERTISEMENT
