In the lawsuit filed by Google, the company has alleged that the two Chinese nationals were luring people to engage with scam crypto apps, getting them to deposit funds and later blocking access to …
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China Shock 2.0 Sparks Global Backlash Against Flood of Cheap Goods
Emerging economies have joined the U.S. and Europe in shielding domestic manufacturers from a rising tide of Chinese imports.
Luxury brands lead ESG push in China’s retail sector
Recent reports showed that LVMH has cut energy consumption by 10% and greenhouse gas emissions by 11% from October 2022 to October 2023. In 2023, luxury brands accounted for 66% of all LEED-certified …
China increases grain imports
China has been experiencing a steady increase in grain imports, Xinhua reports, citing official data from the Ministry of Agriculture and Rural Affairs of China. Thus, in January-February 2024, China …
Yellen Says US, China Worked on Exercise for Dealing With Large Bank Failure
GUANGZHOU (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that the United States and China have worked on an exercise for jointly dealing with a large bank failure in either country.
China’s green-tech manufacturing boom draw concern of overcapacity
This was driven by a 77.6 per cent jump in new energy vehicles (NEVs) – including all-electric and plug-in hybrids – to more than 1.2 million units, state media reported, citing data from the China…
China’s green-tech manufacturing powerhouse
China has extended its manufacturing domination to clean energy industries in recent years, alongside a global push for climate change action, but that is starting to worry the United States, Europe …
Yellen says China is too big to export its way to rapid growth
U.S. Treasury Secretary Janet Yellen said on Friday that China is too large to try to export its way to rapid growth and would benefit by reducing excess industrial capacity that is pressuring other …
Google sues alleged China crypto app racketeers: Report
Approximately 100,000 users have downloaded these fraudulent apps from Google Play, but the amount of lost user funds remains unknown.
Yellen meets foreign business leaders in China ahead of trade talks
U.S. Treasury Secretary Janet Yellen kicked off a trip to China on Friday with a morning meeting to hear the concerns of American, European and Japanese business representatives in the world’s …
US Treasury Secretary Yellen, in China, calls for level-playing field for US workers and firms
U.S. Treasury Secretary Janet Yellen smiles at the Business Leaders Roundtable meeting at Baiyun International Conference Center (BICC) in southern China’s Guangdong province, Friday, April 5, 2024.
Yellen returns to China to tackle economic challenges bedeviling ties with US
Janet Yellen has kicked off her second visit to China as US treasury secretary to continue efforts to further stabilize ties between the world’s two largest economies.
Authorities warn of growing ‘pig butchering’ crypto scam
Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as “pig butchering,” in which scammers strike online conversations with unsuspecting victims, gain their …
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