CEO Jay Schmidt gave analysts a closer look at the work being done to transition Stuart Weitzman into the company following the acquisition’s close in August.
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Mexico Approves 50% Tariffs on Many Chinese Imports
The tariffs will apply to goods from China and other nations. Washington has been pressuring Mexico to move away from dealing with China.
China bans another emerging tech after blanket crypto ban
China’s explicit ban on RWA tokenization arrives just as the global sector surpasses $30 billion in tokenized assets led by funds such as BlackRock’s $2 billion BUIDL.
Congress approves new tariffs on goods from China and non-FTA countries
Mexico’s lower house of Congress approved on Wednesday a bill that seeks to impose new or higher tariffs on imports from China and other countries with which Mexico doesn’t have free trade agreements.
Beijing Exchange’s IPO Frenzy Spurs Arbitrage and Regulatory Tightening
The Beijing Stock Exchange (BSE) has delivered debut gains of several hundred percent this year — levels rare in major equity markets — drawing in arbitrage capital and prompting regulators to tighten …
Chinese AI unicorns MiniMax and Zhipu said to target Hong Kong IPOs soon — Bloomberg
Zhipu, which is also backed by the tech giants Alibaba, Tencent and several more, is targeting a listing by around that time too, the people said. Bloomberg News reported in July that Zhipu was …
China is too big to rely on exports for growth, IMF chief warns
On a visit to Beijing, the economist urged the government to get people spending more.
Another Chinese Rare Earth Producer Gets Streamlined Licence for Magnet Exports
Beijing added several rare earth elements and magnets to its export control list in early April, requiring a dual-use licence for exports. China’s exports of rare earth magnets slumped in April and May, forcing some…
How Trump’s tariffs forced China to pivot – and export more
Just a year ago, Chinese manufacturers, fearing a new trade war, rushed to push out exports following the election victory of President Donald Trump, who had pledged to slap punishing tariffs on …
Audi’s E5 Sportback sales soar in China, amid EV price war
Volkswagen-owned Audi is desperate for a turnaround in China, the world’s largest automobile market by sales since 2009. Once its strongest market, sales have been slipping for Audi in China as buyers …
The Buick Electra L7 Proves Western Carmakers Can Build A Great EV In China—If They Want To
China sedan that feels more interesting than it’s U.S. counterparts. But you’ll never ever get it. And that’s a big shame.
IMF urges China to take the ‘brave choice’: curb exports, boost consumption
The International Monetary Fund on Wednesday urged China to make the “brave choice” of speeding up structural reform, as pressure grows on the world’s second-largest economy to shift towards a …
China surplus pushing EU to take ‘offensive’ trade measures: business lobby
BEIJING — China’s mammoth trade surplus with Europe as well as challenges faced by foreign firms in the country are incentivising Brussels to adopt more ‘offensive’ policies, a business lobby warned Wednesday.
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