He said the move would be in retaliation for China’s decision to raise tariffs on $50 billion in U.S. goods. “After the legal process is complete, these tariffs will go into effect if China refuses…
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As Trump Escalates Trade Fight, China Can Take the Hit
China could retaliate with its own tariffs on the United States’ far smaller exports in the other direction across the Pacific. Plus, it could impose punitive measures against American companies doing business here. Any measures…
Pompeo says China trade policies ‘predatory’
China has long denied U.S. charges that Chinese firms have stolen ideas and software or forced firms to turn over intellectual property as part of the price of doing business in China. U.S. President Donald…
Tariffs on $50 Billion in Goods? China Can Take the Hit
China could retaliate with its own tariffs on the United States’ far smaller exports in the other direction across the Pacific, plus impose punitive measures against American companies doing business here. Any measures carry the…
China could beat the US in a race to get solar power from highways
China is starting to find more success than the US with solar highway projects. Proponents of solar roads say they provide a way to generate solar power without paying for additional land. Critics say solar…
8 ways WeChat can help luxury brands reach Chinese consumers
There’s no doubt that China is the place to be for luxury brands right now. So how can businesses tap into this huge market? Thankfully, China is one of the most digitally innovative countries in…
Goldman sees slightly easier China monetary policy amid trade tiff with U.S
SHANGHAI (Reuters) – Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that, while likely to have limited immediate impact on…
China’s tariffs on U.S. oil would disrupt $1 billion monthly business
SINGAPORE (Reuters) – China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month. In…
The biggest player you’ve never heard of in the auto industry is moving into China in a big way
“From a strategic point of view, the establishment of the JVs will benefit both Magna and BAIC to further strengthen our business growth in China,” BAIC Chairman Xu Heyi said. Follow us on: ( read…
Chinese tech CEO: A trade war would hurt ‘a lot of American brands’
A lengthy trade war between China and the United States would be “horrible” and it would end up hurting a lot of American brands, according to the founder of China’s second-largest e-commerce company. That’s because…
China, US trade war heats up over Trump tariffs
business people and analysts here in China. The showdown capped a whirlwind week in U.S.-China relations that began with the nations standing as partners in the quest to denuclearize North Korea, and ended with the…
China’s securities regulator warns new economy firms from overinflating valuations for IPO
China’s top securities regulator has warned new economy companies not to inflate their valuations in the pre-IPO stage, singling out Ping An Good Doctor, ZhongAn Insurance, China Literature, Yixin Group, and Razer, noting that the…
5 facts about the spending and social habits of China’s post-00s generation
More than half of surveyed respondents said being foreign or Western does not necessarily encourage them to buy a brand’s products. When targeting the post-00s generation in China, brands and retailers need to: ( read…