The fine could pave the way for Beijing to ease a restriction banning it from adding new users to its platform and allow its apps to be restored on domestic app stores.
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Analysis: China’s mortgage boycott spurs shakeout among strapped developers
A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is spurring a shakeout among cash-starved property developers who have long …
China’s $1B fine on Didi could end the mobility giant’s troubled year
Didi, the Chinese ride hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country’s authorities, The Wall Street Journal …
Importers Paid $32 Billion in U.S. Tariffs on China Tech Imports-Industry Report
Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, a new trade group report showed on Tuesday as …
China will unswervingly deepen high-level opening-up: Premier Li
China will unswervingly deepen high-level opening-up and open its door still wider to the world, Chinese Premier Li Keqiang said on Tuesday. Li made the remarks at the Special Virtual Dialogue with …
Importers paid $32 bln in U.S. tariffs on China tech imports-industry report
Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, a new trade group report showed on Tuesday as …
Importers Paid $32 Billion in US Tariffs on Chinese Tech Imports, Report Shows
Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 and the end of 2021, a new trade group report showed on Tuesday as …
US regulator says unclear if China will avoid delistings
US Securities and Exchange Commission (SEC) chair Gary Gensler says it’s unclear if American and Chinese authorities will reach a deal to avoid the delisting of some 200 companies from US stock …
US Official Sees Curbs on Exports to Russia as Template for China
The US’s successful collaboration with 37 other nations that’s driven down exports to Russia serves as a blueprint for a new regime on tackling threats from China, the head of the Commerce …
Exports growth to slow in the second half of 2022: analysts
China’s slowdown is amongst the factors dampening the global trade outlook. Following a double-digit increase in H122 of 10.2%, analysts expect the non-oil domestic exports (NODX) to ease to …
China ranks Georgia’s largest export destination this year
Georgia’s exports to China rose 38 percent year on year, one of the fastest among major trade partners, said the office in a report. Azerbaijan and Russia followed with 287 million U.S. dollars and …
China to foster market-oriented, world-class business environment governed by sound legal framework: Premier Li
China is committed to fostering a market-oriented, world-class business environment governed by a sound legal framework, Chinese Premier Li Keqiang said on Tuesday. Li made the remarks at the Special …
Why is China reducing its U.S. debt holdings?
China cuts it U.S. debt portfolio to under $1 trillion, possibly to support its currency or reduce exposure to potential U.S. sanctions.
