Japanese cosmetics giant Shiseido says it will focus on its core brands over the next two fiscal years in a bid to turn its business around. Sluggish sales in China and at duty-free shops both…
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China to extend tariff exemptions for some US products to 2025
China will extend tariff exemptions for the import of some U.S. products until Feb. 28, 2025, the Customs Tariff Commission of the State Council said on Friday.
Crypto Scams and Failed Projects Most Prevalent in US, China, and UK: Report
A report shows that the US, China, and the UK lead in failed projects and crypto scams, emphasizing the need for tighter global regulations.
What Does The U.S. Import From Mexico, Canada And China?
Comments made by President-elect Donald Trump this week on more tariffs coming once he takes office have raised fears about a new trade war.
China’s Foreign Ministry says companies should not be swayed by political pressure
Companies should make business decisions based on their best interests, the Chinese foreign ministry said, responding to a question over Fast Retailing, owner of Japanese brand Uniqlo, saying it was …
China To Extend Tariff Exemptions On Some US Products
China is extending a friendly arm as it will be extending tariff exemptions on some products up to a certain date.
The contradictions of Trumponomics over tariffs lie exposed
This sanguinity was rather upset by Trump’s Monday night surprise of threatening 25 per cent tariffs on Mexico and Canada (and a surprisingly modest extra 10 per cent on China) to force a clampdown on…
Why the DF-26 is one of the most dangerous missiles in China’s arsenal for the US military
With hundreds of DF-26s capable of striking land-based or maritime targets, the missile poses a challenge for the US in a potential war.
Didi Again Records a Profit While It Prepares for Hong Kong IPO
Didi Global Inc. posted its second straight quarterly profit, a boost for the Chinese ride-hailing leader as it contemplates a potential re-listing in Hong Kong.
Shiseido profit outlook squeezed by China downturn, president says
Japanese cosmetics maker Shiseido Co downgraded its profit outlook for the next two years on Friday, after a downturn in sales to Chinese consumers. Shiseido joins other luxury brands such as …
HSBC Pulls Back Credit Card Business in China, Reuters Reports
HSBC Holdings Plc is pulling back from its credit card business in China, Reuters reported, citing unidentified sources.
China calls on firms to eliminate political pressure, make independent business decisions following BBC report on Uniqlo boss’ Xinjiang remarks
Cotton produced in China’s Xinjiang region is among the best in the world. We hope that relevant companies can eliminate political pressure and negative interference, and make independent business …
China extends US import tariff exemptions to February 2025
The move comes after President-elect Donald Trump spoke about imposing additional tariffs on Chinese goods, citing concerns over illegal drug trafficking and migration. Trump threatened a 10% increase in tariffs on Chinese imports and a…