Wang Yun’an, the 38-year-old founder of Guming Holdings, is on the cusp of becoming a billionaire as his company prepares for an initial public offering in Hong Kong.
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AstraZeneca shareholders say they need clarity on China investigations
AstraZeneca investors will look past another strong set of quarterly results on Thursday to focus on the main issue overhanging shares: an investigation of a top executive by authorities in China, one of its key…
Crypto AI investors dump $2.5B as China retaliates to Trump trade war with NVIDIA, Google probe
The artificial intelligence (AI) cryptocurrency sector nosedived on Tuesday, posting an 8.5% decline that wiped out more than $2.5 billion in market capitalization. The sell-off came in response to …
USPS suspends inbound packages from China, Hong Kong Posts
The United States Postal Service announced on Tuesday it will temporarily suspend international package acceptance of inbound parcels from China and Hong Kong Posts “until further notice.” The suspension, which takes effect immediately, was announced…
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products.
China to launch antitrust probe into Google
China said on Tuesday it will launch an antitrust investigation into Google over alleged anti-monopoly practices. The country’s State Administration for Market Regulation said that it would initiate an investigation into the technology giant because…
From lip balm to sneakers, here’s how Trump’s China tariffs could raise prices
U.S. consumers could start seeing price hikes on a wide variety of goods made in China after the United States began collecting a 10% tariff Tuesday on all Chinese imports, reigniting a trade war between…
What are the five critical metal exports restricted by China?
China announced sweeping export restrictions on Tuesday targeting five metals used across defence, clean energy and other industries minutes after an additional 10% tariff on Chinese goods imposed by U.
China displays multiple weapons in retaliation for Trump’s tariffs
The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.
Trump in ‘no rush’ to talk to Chinese leader
President Donald Trump on Tuesday said that he is in “no rush” to speak with Chinese leader Xi Jinping despite expectations they would meet the same day, as trade tensions increase after both countries imposed…
What are five new critical metal exports restricted by China?
China announced sweeping export restrictions on Tuesday targeting five metals used across defence, clean energy and other industries minutes after an additional 10% tariff on Chinese goods imposed by U.
Ripple (XRP), Ethereum, Cardano lead $200B crypto market rebound as Canada and Mexico end Trump trade war
The crypto market rebounded sharply, adding over $190 billion to its aggregate valuation on Tuesday per Coingecko data as US President Donald Trump postponed tariffs imposed on Mexico and Canada.
Analysis-Trade war with China casts dark cloud over new US LNG projects
President Donald Trump’s emerging trade war with Beijing poses a new threat to billions of dollars in planned U.S. liquefied natural gas export projects, many of which rely on China as a key buyer, according…
