China on Thursday urged companies not to be “blinded by lies” about its rights record in Xinjiang, after German automaker Volkswagen said it was discussing the future of its activities in the troubled …
Tagged By import
Volkswagen Cars Blocked By US Customs Over Part From China
The United States has banned most imports from Xinjiang, in western China, unless companies offer verifiable proof that production did not involve forced labor. Rights campaigners have for years …
China-Australia relations: Treasury Wine readies to ship Penfolds, Icon bottles once Beijing lifts import tariffs
China is conducting a review into its tariffs on Australian wine, and expectations are rife that levies will be removed next month, with Treasury Wine Estates planning to reallocate stock from other …
China Used to Be the World’s Best Growth Story. Now It’s a Value Play.
Consumer confidence has plummeted, Beijing is focused on security and stability, and global companies and investors are bracing for smaller gains.
What a Viral Post on Giraffes Says About China’s Fed-Up Investors
As their losses pile up, Chinese investors are losing confidence not only in the stock market but in the government’s ability to turn the economy around.
US-China tech war: Dutch chip tool giant ASML says geopolitics, new export curbs remain risks
The firm says it faces new competition from rival companies ‘driven by the ambition of self-sufficiency in the geopolitical context’.
Imported luxury cars such as Audi held by US over banned part linked to forced labor in China
TEMU’S SUPER BOWL ADS SPARK BACKLASH OVER CHINA-BASED FIRM’S FORCED LABOR ALLEGATIONS Under … joint venture with Chinese automaker SAIC “about the future direction of business activities in Xinjiang …
What China Sends Russia Is ‘None Of EU’s Business’
China’s Ministry of Foreign Affairs acknowledged that it is aware of the media reports, which said the EU will announce its sanctions against dozens of companies on February 24 – the day that marks …
China seeks revision of anti-money-laundering law to address risks related to cryptocurrencies and other virtual assets
Laundering Law, which took effect in 2007, was discussed at a State Council meeting last month The proposed AML law revision, which is expected to be passed next year, will address money-laundering …
China’s foreign firms grapple with upward mobility in post-Covid era as state-owned peers rise
Industrial output among SOEs in China is seen benefiting from ‘yawningly different’ effects of Beijing’s policy shifts, to the detriment of other companies In an increasingly murky business climate, …
VW luxury car imports held up after claims of ‘forced labour’ in China
The suspect part had been sourced by a supplier in the VW supply chain and not by VW directly, it was claimed. It came as Volkswagen was hit by additional claims from German media that…
Your next Tesla could be made by China
Tesla may be planning to tap Chinese auto-part makers in Mexico for supplies, Bloomberg says. That’s stoking US concerns over China’s EV influence.
ASML sees semiconductor upturn ahead, but China export restrictions are a risk
Geopolitics could still impact ASML’s business, ASML warns in the annual report. The Dutch government announced new export controls on semiconductor equipment last year that came into effect in …