The move comes as China’s foreign minister is touring Belgium, France and Germany in an effort to bolster ties with the bloc amid trade tensions with Washington.
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FTX asks court to cancel compensation for creditors in crypto-banned regions
If the court approves the proposal, users in China, Nigeria, Andorra, Fiji, and Zimbabwe could have their claims rejected. Chinese FTX users are particularly vulnerable, accounting for roughly 82% of …
Hong Kong IPOs Explode In H1-25 As China Inc. Abandons New York
The largest Hong Kong IPO in the first half of the year came from one such second listing, as EV battery giant Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ), or CATL, raised about $4.6 …
China using TikTok as a pawn to squeeze Trump in trade talks: sources
There will be no sale of TikTok to American investors until Chinese President Xi Jinping is confident he has extracted as much as he can in terms of a favorable trade deal with the White…
‘I hope we can hang on,’ one business owner says as Chicago’s housewares industry struggles with tariffs
The operators of Chicago-area companies that manufacture goods such as kitchen and organizational products say the survival of their businesses is in jeopardy over the higher tariffs on Chinese …
Hong Kong positioned to absorb crypto liquidity as Singapore tightens rules
Hong Kong stands positioned to get hold of crypto liquidity as Singapore tightens regulations on unlicensed cryptocurrency companies.
China imposes anti-dumping duties on European brandy as trade tensions rise
BEIJING (AP) — China on Friday imposed anti-dumping duties on European brandy, most notably cognac produced in France, as trade tensions between Beijing and United States allies continue to rise.
EU spirits industry calls on China to lift all curbs on brandy imports
EU spirits association spiritsEUROPE on Friday welcomed China’s decision to exempt major cognac producers from dumping duties on imports into the country, but called on the government to drop all …
End of tax-free loophole for low-value goods disrupts air shipments to US from China
Air cargo shipment volume from Asia has declined by double digits since the US cancelled a tax-free exemption for low-value packages from China early in May, trade groups and analysts said.
China’s intense EV rivalry tests Thailand’s local production goals
Hyper-competition in China’s electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD , putting ambitious local …
China’s Share of US Imports Falls to 7% as Vietnam Closes in
China’s share of US imports fell to 7.1% in May, the lowest since 2001, according to trade data published on Thursday by the US Census Bureau. That’s a 4.3 percentage point lower than the same…
Breaking: FTX Victims At Risk Of Losing Claims In China and Other Restricted Jurisdictions
Chinese users make up 82% of FTX claims from restricted regions, with the China crypto ban proving a major legal hurdle in settlement.
Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
