Apple’s efforts to diversify its production away from China have been undermined by President Trump’s renewed threat to impose a 25% tariff on iPhones not made in the US.
Tagged By financials
Global finance officials gloss over trade tensions at G-7 Summit
Finance and central bank chiefs from the Group of Seven nations offered few details about their economic summit. U.S. officials have discussed whether allies would work toward a unified tariff policy …
Tariffed but Not Tamed: China’s Economic Resilience Explained
U.S. President Donald Trump’s unwarranted global tariff war, which began on April 2, 2025, with steep 145 percent tariffs on China, alerted economists to unforeseen global consequences. As China’s …
China lowers deposit rate ceilings to protect bank interest margins, sources say
China has lowered the ceilings on deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings …
BYD Dealerships Failing Show Financial Pain in China Car Sector
Car dealership groups in two provinces have gone out of business since last month in China, both of them BYD Co. retailers, evidence of the tough competition in the nation’s auto market and proof that…
G7 Finance Leaders Pledge Joint Action on China’s Trade Tactics
Facing economic headwinds and political division, the world’s top democracies unite to address global imbalances.
BYD dealership closures reveal financial pain in China’s auto market
A profound shift in direct-to-consumer model and promises of new tech has left many stuck with excess inventory.
Foreign financial firms upbeat on China market amid steady economic growth, policy support
As China’s economy shows strong upward growth momentum after authorities unveiled a fresh round of supportive policies, multiple foreign financial institutions have expressed optimism about China’s …
Beijing clears way for tech firms to list overseas
Chinese authorities said on Thursday the country will provide a more transparent, efficient and predictable regulatory environment, along with …
RBA Upbeat On China’s Ability to Ride Out Trade War
Business leaders in China are confident about its strong negotiating position on trade, the RBA deputy governor said following a trip to the country.
JPMorgan is long-term in china despite pressure, Dimon says
SHANGHAI] JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between the governments of the world’s two biggest economies.
China’s outbound direct investment sees steady growth in Jan-April
BEIJING — China’s total outbound direct investment (ODI) rose 7.5 percent year-on-year to $57.54 billion in the first four months of this year, according to data released Thursday by the Ministry of …
China’s plea to PM: let us into trans-Pacific trade deal
Beijing has reacted to Prime Minister Anthony Albanese’s declaration of support for Indonesia to join the trans-Pacific free trade deal by issuing a fresh plea to back China’s membership of the pact, …
ADVERTISEMENT
