President Biden is facing a tough decision on whether to lift some Trump-era tariffs on China, a move that economists say will help inflation but promises to anger labor unions. Biden said …
Tagged By export
China’s Electric Car Exports More Than Double, Mostly to Europe
China’s shipments of cars rebounded in May, with electric vehicle exports more than doubling, as Covid lockdowns gradually ended. Most Read from BloombergUS Futures Gain With European Stocks; Dollar …
US import ban over China’s forced labor in Xinjiang takes effect
A U.S. law broadly banning imports from China’s Xinjiang region took effect Tuesday, a move aimed at adding pressure over Beijin …
China increases oil imports from Iran, Russia: report
According to foreign institutions, China has increased oil import from Russia, Iran and Venezuela in May while its oil import from Africa, Brazil and the United States has declined.
China Is Becoming the Biggest Challenge for Luxury Brands
As consumer expectations evolve, brands are feeling the heat. The “all eggs in one basket” strategy that fueled growth in 2021 is now looking precarious.
Quantity over quality: China faces power supply risk despite coal output surge
The world’s top coal consumer relies on coal for 60% of its electricity. Last year, lower domestic coal production led to a weeks-long power crunch that hit manufacturing across the world’s No. 2 econ …
Biden’s Policy Toward China Is A Road To Self-Destruction
President Joe Biden’s administration appears determined to project the image that United States remains the world’s hegemon regardless of cost or …
Australia’s leading wine authority to close office in China as exports plunge
Australia’s leading wine industry body Wine Australia will be closing a key office in China after sales continue to tank.
US Ban On Imports From China’s Xinjiang Region To Take Effect
Washington, June 21 (IANS) Imports from China’s Xinjiang region are due to be banned in the US from Tuesday as new rules come into forced. Under the the Uyghur Forced Labor Prevention Act (UFLPA …
Russian oil exports to China soar to record
STORY: Russia became China’s biggest supplier of oil in May.Crude oil imports from there soared 55% from a year before to a record level.It means Moscow has now retaken the top spot from Saudi Arabia…
China’s WeChat bans crypto and NFT-related accounts
The punishments handed out by WeChat for crypto and NFT accounts will depend on the severity of violations, and the accounts will be given time to rectify their activity.
Analysis: Quantity over quality – China faces power supply risk despite coal output surge
China could face further power shortages this summer despite taking drastic measures to boost coal production, as much of the new supply is of lower quality than before and burns more quickly in power …
China goes all out to bolster employment for college graduates in record year
In a year when a record 10.76 million graduates stream out of colleges, China is living out its jobs-first commitment to helping them enter the workforce against COVID-19-induced snarls. This …
