China is rapidly strengthening its export controls to prevent the outflow of indigenous technology, capital, and talent. This move is part of a broader strategy to protect its growing technological innovations,
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Young people in China aren’t spending on romance. That’s a problem
During China’s go-go years, young couples holding enormous bouquets of roses were a familiar sight during the Qixi Festival, an ancient holiday celebrating love and loyalty.
Amid ‘tsunami’ of Chinese imports, dumping fears, Thailand seeks to curb online sales
Chinese exports have come under closer scrutiny of late as countries grapple with widening trade imbalances and factories shutting down.
U.S. – China Trade Racing To Beat Clock On New Biden-Harris Tariffs
That surge has come as U.S. retailers importing consumer goods from China for 2024’s Christmas shopping season that aren’t subject to the new tariffs have also pushed to get their shipments ahead of their usual…
GM layoffs: General Motors cuts jobs in China amid declining sales and high competition, looks to reset business
General Motors is laying off staff in China and planning a structural overhaul with partner SAIC. The automaker aims to boost profitability by focusing on electric and premium vehicles, amid declining …
Foreign sportswear brands see gains in China, spurred by summer sports events
Many foreign sportswear brands see growth potential in China, as Chinese people become more sports-minded, spurred by summer events including the just-concluded Paris Olympics. Inquiries and sales of …
General Motors Reportedly Cuts Jobs in China Amid Restructuring Effort
General Motors reportedly cut jobs in China as GM’s operations in the region struggle to regain profitability amid rising competition.
GM cuts China jobs as it resets in world’s biggest car market
The automaker had hoped to cut production there in the first quarter and return to profitability. GM has been contemplating a shakeup in its China business for months and Chief Financial Officer Paul …
China files EU tariffs complaint with WTO
The Chinese government has filed a complaint with the World Trade Organisation (WTO) over the European Union’s (EU) imposition last month of additional import tariffs on battery electric vehicles …
General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market
The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.
Luxury Looks Like a China Carry Trade Set to Unwind
Chanel and Hermes can still dictate prices to consumers betting on a profitable second-hand resale. For some other global brands, the music has already stopped.
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It’s worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments for trade with Russia.
Exports Drive China Cargo Throughput Growth amid Weak Domestic Demand
Growth in China’s total cargo throughput continued but decelerated in 2Q24 to 3% yoy, from 6% in 1Q24, says Fitch Ratings. Total container throughput grew by 7% yoy, boosted by strong demand from ASEAN although…
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