Andrew Wylegala of the American Chamber of Commerce in Taiwan says, however, that its survey found that almost half of its members “suspect that there will be some kind of dislocation and disruption” …
Tagged By export
Billionaire Yang Huiyan’s Country Garden Warns Profit Will Plunge 70% Amid China’s Property Crisis
Country Garden Holdings—controlled by billionaire Yang Huiyan and her family—said Thursday it expects first-half profits to tumble as much as 70%, adding to signs of the deepening crisis in China’s …
Heatwave in China forces factories to shut down, affecting Intel, Foxconn, Toyota, and many others
Many factories in China’s Sichuan province have paused operations from Monday to Saturday in order to relieve some of the strain put on the power grid …
China’s gasoline exports rise on new quotas; diesel, jet below expectations
China’s July gasoline exports rose 19% over a year before to a three-month high, data showed on Thursday, as refiners took advantage of new quotas to send more fuel abroad and ease bulging domestic …
From made in China to made in Vietnam: Apple is relocating its watch, MacBook production to SEA
Apple is in the process of relocating Apple Watch and Mac production to Vietnam as part of a broader push to diversify its supply chain.
U.S. business group says members see limited impact from Taiwan-China tensions
China, which claims Taiwan as its own territory, has been carrying out the war games and exercises since U.S. House Speaker Nancy Pelosi visited Taipei this month. AmCham Taiwan said 126 of its 529 …
Biden Must Beef Up His Trade Policy To Compete With China
China’s growing political assertiveness and military ambition, fueled by decades of high-speed economic growth, now threaten to undermine U.S.-Asia economic ties. Companies in the region have already …
Slowdown in exports to top markets stokes concerns
India’s exports to the US and the EU, its top two markets, climbed at a slower pace in June than in earlier months, while despatches to China, the fourth-largest destination, plunged 31% in June from…
China-Russia soybean trade takes centre stage at annual industry gathering near border
China’s premier soybean summit is taking place amid heightened international tensions that have bolstered China-Russia trade and revealed the potential for it to improve further.
China’s Economy Has Hidden Pockets of Strength China’s Economy Has Hidden Pockets of Strength
China’s economy may be healthier than it looks. America’s retailers may almost be too healthy. Investing in former SPACs can damage your health. America’s visa wait times are unhealthy. If you employ …
Corn and Soybeans Rebound on Export Demand, Wheat and Livestock Down
After early pressure in the grains, corn and soybeans have come back with supportive demand news on weekly new crop exports and China buying. Wheat and livestock continue under pressure as China U.S.
Tapestry, Estee Lauder among luxury brands hit by China’s covid shutdown
Tapestry and Estee Lauder forecast full-year earnings below estimates on Thursday, underscoring the hit global luxury goods companies are taking from China’s covid-19 lockdowns. Major Chinese cities …
China’s chips push is mired in corruption allegations
China’s habit of pouring cash into strategic industries creates opportunities for corruption. Just look at the microchip business. The “Big Fund” was created in 2014 to spur self-reliance in …
