Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in business in the world’s biggest car market, Chief Executive Officer Carlos Tavares said …
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British businesses turning away from China, industry group says
British businesses are cutting ties with China due to concerns about political tensions, a shift that is likely to stoke inflationary pressures, the head of the Confederation of British Industry (CBI) …
Severing business ties with China risks weighing on UK economy, says CBI boss
Severing ties with Chinese business risks weighing on the UK’s cost of living crisis, the boss of the Confederation of British Industry (CBI) has …
British business turning away from China
British companies are cutting ties with China and rethinking their supply chains as political tensions and security concerns are the rise.
Russia’s oil exports to China via ‘dark’ ship-to-ship transfers have surged as trading secrecy grows
Ships are increasingly loading up on Russian oil, turning off their signals and transferring their cargoes to other vessels bound for Asia.
British businesses ‘racing to pull out of China ties’, potentially exacerbating cost of living crisis
With political tensions continuing to rise between China and the west, business leaders say British firms are racing to cut their economic ties with Beijing – even if it means passing on greater costs …
U.S. CHIPS act: To compete with or to contain China?
The U.S. Congress on Thursday pushed forward a major bill to boost its chip manufacturing capabilities and “compete with China,” which now goes to the White House, where President Joe Biden is …
Beyond China: US’ Xinjiang cotton ban has far-reaching implications, even for Asian alternatives
For garment manufacturers in South and South-East Asia, a sweeping United States ban on all Xinjiang products – including cotton – may initially seem like a windfall, given its smothering effect on …
UK businesses cutting China ties en masse amid tension with West, says CBI boss
Thousands of British companies are understood to be restructuring their supply chains in anticipation of hardening anti-China political sentiment.
Russia and China use human trafficking, it’s not just a human rights issue—it’s a global security issue
July 30 is World Day Against Trafficking in Persons, and as the West builds its strategies to counter Russia and China’s increasingly coordinated military aggressions and …
Column: China’s exports smooth aluminium supply-chain disruption
China is playing a crucial role in rebalancing the global aluminium supply chain in the wake of Russia’s invasion of Ukraine.
Brazil’s Abiove welcomes agreement to export soymeal to China
Brazilian oilseeds crushers group Abiove on Friday welcomed an agreement between Brasilia and Beijing to allow soybean meal exports from Brazil to China.Abiove said in a statement, however, that it is …
China, slowly but surely, is waking up and smelling the coffee
The world’s coffee market is in peril due to climate change, supply-chain disruptions during the pandemic and the threat of recession globally Against this backdrop, China is gradually moving from …