China’s power firms are on track to cut coal’s share of annual electricity generation to below 60% for the first time in 2024, which would mark a major milestone in the country’s efforts to transition…
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China’s BYD sets negotiable price reduction targets for suppliers
Chinese automaker BYD has set negotiable price reduction targets for suppliers of large-scale purchases, a BYD executive’s post on social media platform Weibo shows. The notice was posted on the Weibo …
Trump says he plans to enact new tariffs on Canada, China and Mexico on his first day in office
Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.
Trump’s new tariffs: What does the US import from Canada, Mexico and China?
Oil, toys, vegetables and electronics are just some of the items imported to the U.S. from Mexico, Canada and China that could soon cost Americans more under Donald Trump’s proposed tariffs. Trump has announced that…
Trump said he’ll charge up to an extra 25% on imports from Mexico, Canada, and China. Here’s what the US buys from them the most.
Business Insider looked at what the US imports the most from Mexico, Canada, and China to determine the products most likely to increase in price if Trump’s plans come to pass. The biggest categories are…
Chinese Courier SF Holding to Start Trading After $749 Million HK IPO
The deal came as sentiment shifted on Chinese equities following Beijing’s stimulus blitz in late September. Investor mood, however, has started souring again amid disappointment over further fiscal …
China’s been trying to ‘Trump-proof’ its economy amid his tariff threats, experts say
U.S. trading partners are better equipped now to deal with President-elect Donald’s tariff threats than they were during his first administration, according to experts.
Foreign Carmakers Risk Losing Up to USD20 Billion a Year in Profit in China, UBS Says
(Yicai) Nov. 26 — Foreign automakers could lose as much as USD20 billion a year in profit in China as competition with Chinese rivals cranks up and the market shifts to electric and smart vehicles,…
As Trump’s tariff ‘surprise’ slams China’s exporters, is de-escalation even an option?
As the first wave of US tariffs proposed by US president-elect Donald Trump gathers momentum, China is holding firm – trying to talk up domestic sentiments while rallying the confidence of foreign investors.
Trump Threatens 25% Import Tariffs on Mexico, Canada, Additional 10% on China
President-elect Donald Trump said he plans to impose 25% tariffs on all imports from Mexico and Canada and an additional 10% on goods from China, in moves likely to ramp up tensions with America’s three…
Mexico defends China actions amid scrutiny over its USMCA future
Mexican President Claudia Sheinbaum touted efforts to substitute Chinese imports with locally produced alternatives and downplayed comments from Canadian policymakers that raised questions over Mexico’s future in a North American trade pact.
Hong Kong aims to revive IPOs with speedy approvals for mainland Chinese firms
Listing approvals for China’s onshore-listed companies will be streamlined provided they meet certain criteria, HKEX CEO Bonnie Chan says.
This is the worst market correction in crypto history; here’s why
Donald Trump’s win and promises may have catapulted crypto coins to new all-time highs, but they won’t sustain the market. The crypto market is under pressure, losing about 7.69% in 24 hours, down to …
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