“There are some multinational companies, they’re still having a hugely successful business in China,” Chris Reitermann, CEO of Ogilvy Asia Pacific and Greater China, said in an interview Friday. “What …
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GOP lawmakers slam Biden commerce secretary, see ‘appeasement strategy’ in China trip
They’re facing zero accountability. So why would they stop now?” Sen. Joni Ernst, R-Iowa, echoed those sentiments, saying, “China’s veiled attempt to indicate it is open for business is a Hail Mary to …
Secretary of Commerce Gina Raimondo says US businesses complaining China is becoming ‘uninvestable’
Commerce Secretary Gina Raimondo said the Chinese government’s actions against U.S. firms are making China “uninvestable” for American businesses due to the risk and uncertainty.
She rose from poverty as China prospered. Then it made her poor again
The entrepreneur class in China has lost its spirit as Xi Jinping’s government has asserted more control of the economy.
US commerce secretary: business in China ‘too risky’
US Secretary of Commerce Gina Raimondo has held meetings with Chinese Premier Li Qiang and other leaders to discuss business ties and national security concerns.
Gina Raimondo’s double message to China: ‘We do not seek to decouple’ but of course the answer is no on export controls
The curbs crippled the smartphone business of Huawei Technologies Ltd., China’s first global tech brand. “Their asks were to reduce export controls on technology” with possible military uses and to …
China looks ‘uninvestable’ due to political risks, Raimondo says
China has begun to appear “uninvestable” in the judgment of U.S. business leaders, according to Commerce Secretary Gina Raimondo. “Increasingly I hear from American business that China is uninvestable because it’s become too risky,” Raimondo…
US commerce secretary rejects Chinese appeal to ease export controls
The curbs crippled the smartphone business of Huawei Technologies Ltd., China’s first global tech brand. “Their asks were to reduce export controls on technology” with possible military uses and to …
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
the economists Laura Alfaro at Harvard Business School and Davin Chor at the Tuck School of Business at Dartmouth wrote that China’s share of U.S. imports fell to about 17 percent in 2022 after …
China’s 24-Point Strategy to Attract Foreign Investment: Too Little, Too Late?
After enduring three years of stringent zero-COVID measures that have disrupted regular business operations, foreign companies have grown increasingly wary of investing in China. The policy, issued by …
China’s expat tax relief extension a ‘real victory’, could stem foreign talent drain as Beijing seeks overseas capital
Expats living in China will continue to enjoy tax waivers on rent, language training and children’s education as Beijing pushes to attract more foreign capital amid the overall economic slowdown.
Japan may take China to WTO over Fukushima-driven seafood import ban
Japan threatened on Tuesday to take China to the World Trade Organization (WTO) to seek a reversal of Beijing’s ban on all of its seafood imports after the release of treated radioactive water from …
Global Blockchain in Manufacturing Market 2023-2030 with Leading Players, Forecast and End-Uses
The U.S. Market is Estimated at $355 Million, While China is Forecast to Grow at 66.5% CAGR The Blockchain in Manufacturing market in the U.S. is estimated at US$355 Million in the year 2022. China,…
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