The Biden administration eased some Trump-era tariffs this week in two separate moves, with one delivering relief to American businesses including whiskey distillers and Harley-Davidson and the other …
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U.S. Renews Tariff Exemptions for Some Chinese Imports
The Biden administration renewed tariff waivers for 352 items after previous exemptions expired.
China’s Trip.com Posts $131 Mln Loss In 4th Quarter As Pandemic Drags On
Trip.com, China’s top travel booking site, lost $131 million in the last three months of 2021 compared with a profit of $159 million a year earlier as Covid-19 infections reemerged in China, the …
U.S. reinstates 352 product exclusions from China tariffs
The U.S. Trade Representative’s office said on Wednesday it has reinstated 352 expired product exclusions from U.S. “Section 301” tariffs on Chinese imports, well short of the 549 exclusions that it …
U.S. Restores Waivers for Some China Goods Hit by Trump Duties
The Biden administration plans to reinstate exemptions from Trump-era tariffs on about two-thirds of Chinese products that were previously granted waivers, most of which expired by the end of 2020.
MoneyWatch: China’s billionaire club grows despite economic troubles
The Dow Jones closed down by nearly 1.5% Wednesday as oil prices climbed during the day, while China’s stock markets are slowly recovering after tanking earlier this month. Axios business reporter …
KUMI ships 400K smartwatches in its first year, cracks top 10 rankings of Chinese smartwatch brands in the country
China is one of the world’s most competitive markets when it comes to smart wearables like fitness trackers and smartwatches. For now, the markets are dominated by giants like Apple, Huawei, and …
Yum China Launches Low-Carbon Environmental Protection Campaign to Drive Consumers to Embrace Low-Carbon Life
Yum China Holdings Limited announced that its KFC China brand has launched a A series of low-carbon environmental protection promotion activities, advocating sustainable lifestyles, and further …
U.S. will ‘absolutely’ hit Chinese firms if they violate export controls on Russia, says Raimondo
The United States will “absolutely” enforce export controls if Chinese companies send semiconductors to Russia that were made with U.S technology, a move that could “essentially shut them down,” …
Covid Lockdowns Were a Chinese Import
The U.S. never considered such oppressive measures against a pandemic until leaders panicked in 2020.
Xiconomics: Why China’s vision for development can help promote global prosperity
In the face of profound challenges rarely seen in a century, the international community is struggling to maintain development while tackling deficits in peace and governance.
Xtep Revenue Leaps to Record on China’s New Long Run to Sports
Xtep’s revenue grew 23% last year to a record 10 billion yuan, though its newer brands lost money The company is less profitable than industry leaders …
China sees little impact from sanctions on potash exports, says top fertiliser firm
Sanctions on exports of potash fertiliser from Belarus and Russia are not impacting supply in China, an executive from state-owned fertiliser maker Sinofert Holdings said on Wednesday, due to …
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