Korean products must attain quality innovation to overwhelm Chinese products, and the government must help prevent external influence through stable management of Korea-China relationship.
Tagged By import
China’s biggest IPO in years poses $9bn question for western banks
The freeze-out has been especially harsh for US banks, which have failed to nab spots on a single mainland Chinese IPO in 2023, despite a total of $26bn being raised this year. If successful, the…
Doing business in China is getting harder, European companies say
For China to turn the tide and allow European companies to develop and contribute to their full potential, we really need to see concrete action.” In May, the EU Chamber reported that European …
Trump’s Trade Chief Proposes New Tariffs on All Chinese Imports
The architect of Washington’s trade war with China said the US needs to unilaterally raise tariffs on all Chinese imports in order to limit economic ties with America’s biggest adversary.
50 Chinese nationals detained in Libya for crypto mining
The issue of crypto mining is not unique to Libya. Many countries worldwide, including China—once a global leader in producing virtual currencies—have banned crypto mining. Since June 2021, China has …
Duty-free imports get legislative opposition
Conservatives anxious to counter America’s leading economic adversary have set their sights on a top trade priority for labor unions and progressives: cracking down on the deluge of duty-free packages …
China’s JD.com to open grocery stores by merging 7Fresh, other units
Chinese e-commerce giant JD.com plans to open retail grocery stores through the merger of its 7Fresh supermarket unit with other business lines such as its group-buying arm Pinpin, a company …
China Contends With Weakened Putin After Wagner Mutiny
A once-in-a-generation security crisis in Russia compounded fears in Beijing that a strategic partner central to its global ambitions is not as stable as it hoped, analysts say.
China Smartphone Shipments Back to Double-Digit Growth in May
China’s smartphone shipments jumped 22.6% in May, accelerating sharply from previous months in a positive sign for the country’s struggling mobile device industry.
Hong Kong customs makes record HK$1.5 billion seizure of smuggled goods, mostly electronics, bound for mainland China via Singapore
Haul comprises HK$1.2 billion worth of integrated circuits, HK$230 million in used electronics, wine and dried seafood.
US record imports from China in 2020, despite Trump administration’s tariffs
Despite the Trump administration’s tariffs on Chinese goods and the ongoing COVID-19 pandemic, U.S. imports from China are surging as the year 2020 draws to a close, The New York Times reported.
China’s Copper Anode Imports Rose Slightly In April And Are Expected To Continue To Increase in May-June
China’s imports of copper anode stood at 84,900 mt in April 2023, up 5.5% month-on-month but down 14.7% year-on-year. Imports from January to April 2023 totalled 374,300 mt, down 15.95% YoY.
Crypto Week Ahead: All Eyes On Bitcoin’s Latest Price Rally
DeFi’s total volume stands at $3.37 billion, at 10.54 percent of the total market 24-hour volume. In the case of stablecoins, the overall volume stands at $28.7 billion, at 89.81 percent of the total …