Pernod Ricard and Carlsberg warned on Thursday they see few signs of a pick-up in consumer demand in China, the world’s second-biggest economy, adding to a gloomy outlook for 2025 as executives try to …
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China’s Firms Are Bleeding Cash—and Vulnerable to Trump’s Trade War
Companies across the country are bleeding cash as they struggle with overcapacity and weak spending in a slumping economy, leaving them vulnerable to tariffs.
US grain, oilseed exports surge in 2024 without boost from China -Braun
Most global importers last year took advantage of plentiful and cheaper U.S. bulk agricultural commodities, including soybeans and corn, the top-ticket items. But China somewhat sat out on that rush.
European Commission asks China’s Shein for information on illegal content and goods
The European Commission said in a statement on Thursday that it had asked Chinese fast-fashion retailer Shein to provide internal documents and more detailed information on risks linked to the …
China’s U.S. ethane imports to surge in 2025 in drive to cut costs
Despite a growing trade war between Washington and Beijing, China’s ethane imports from the U.S. are set to surge this year as big petrochemical producers battling shrinking profits switch to the …
China tariffs may already be hiking up import fees
A Trump administration order over the weekend added a 10 percent tariff to goods from China and closed the de minimis exception, a loophole that lets packages valued under $800 enter the US duty-free.
China’s ‘lifeline’ labs and rich Asians’ crypto craze
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the U.S. Entity List in 2022, conduct trials and test samples.
China’s retaliatory tariffs on crude likely to push US exports lower in 2025
China’s retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year. Exports of U.S. crude …
Crypto price predictions: Terra Luna Classic, Monero, Litecoin
It has been a difficult week for cryptocurrencies as most of them crashed following Donald Trump’s decision to impose tariffs on Mexico, China, and Canada. Most of them rebounded after the Mexico and Canada ones…
US senator introduces bill to ban AI trade with China, targeting DeepSeek and national security risks
Senate Republican Senator Josh Hawley has introduced legislation to block the import and export of the national security risk posed by artificial intelligence technology between the United States and China. People in the US could…
McKinsey Partners Question China Presence as US Tensions Mount
McKinsey & Co. partners have been questioning the consulting giant’s presence in China, worried that doing business there may not be worth the risks given the Asian superpower’s increasingly volatile …
US Shoppers Face Fees of Up to $50 or More to Get Packages From China
Consumers and small businesses are already feeling the impact of President Donald Trump’s new tariffs, which eliminated a key trade exemption for parcels worth less than $800.
China Disputes U.S. Tariffs Against Imports in World Trade Organization Complaint
China alleges that the tariffs are based on unfounded and false allegations, and are in excess of the U.S.’s bound rates in a tariff agreement from 1994.
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