Former AmCham Shanghai Chairman Ker Gibbs expects U.S. tariffs on Chinese imports to rise and decoupling to expand in the aftermath of Donald Trump’s election triumph.
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Audi launches a new brand in China without the four-ring logo
In a press release, Audi’s CEO Gernot Döllner said it’s hoping to tap into China’s “more tech-savvy” customers who “expect leading connectivity as well as automated driving.” Reuters reported in …
Dollar Tree, Five Below downgraded at KeyBanc on China import exposure
KeyBanc Capital Markets analysts revised their ratings for Dollar Tree (NASDAQ:DLTR) and Five Below (NASDAQ:FIVE) stocks, downgrading both to Sector Weight from Overweight. The move is primarily …
Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms
Steve Madden’s CEO said the company will reduce the goods it imports from China by as much as 45% over the next year. On the campaign trail, President-elect Donald Trump said he would impose a…
Steven Madden Targets 40% Cut to China Imports to Avoid Tariffs
Steven Madden Ltd. executives said they are accelerating plans to shift sourcing out of China to other countries after Donald Trump’s victory in the US presidential election.
Scholars: Increasing imports will help China, world
Imports allow China to bring in products that are urgently needed in the domestic economy but cannot be produced domestically, thereby increasing the vibrancy and innovation capabilities of the …
Audi unveils new EV brand in China without four ring logo
Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just the name AUDI and not its signature four-ring logo, a move aimed at attracting younger customers in the world…
Shiseido Lowers Full-Year Forecast As China Weakness Persists
Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a plunge in net income amid a persistent slump in the key Chinese market.
Trade, Taiwan and now Trump: China braces for a volatile new era in U.S. ties
One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there. “The Chinese are hoping that he will…
Volkswagen vs. China’s state-backed EVs: A battle for survival in the world’s largest market
From price wars to political hurdles, Volkswagen faces a myriad of challenges in China’s rapidly evolving EV market.
China’s trade data for October shows a jump in exports
China’s trade surplus jumped to $95.27B in October 2024 from $56.13B in the same period a year earlier, surpassing expectations of $75.1B. It was the largest trade surplus since June, mainly due to a jump…
China’s Commodities Imports Resilient as Markets Eye Stimulus
Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy.
Trump win casts fresh doubts over Wall Street’s China strategy
As a result of Trump’s return to the White House, the firm now focuses on making its China business a “self-sustained” independent operating unit, said the executive, declining to be named due to the …
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