The Biden administration proposed new rules blocking the “sale or import” of connected vehicle software originating from “countries of concern,” a move that would effectively ban all auto imports in …
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China’s worsening relationship with US businesses could put AI’s chip supply on shaky ground
In today’s big story, China isn’t proving to be the economic promised land US companies once hoped for. What’s on deck: But first, I think it’s time to leave. If this was forwarded to you,…
Walmart bets on its international business to drive growth as it expands in China, Mexico
America’s biggest retailer, is doubling down on its ambition to be a global behemoth. “International is one of the better stories going on at Walmart, and it’s not fully appreciated,” CFO John David …
China auto association flags concern over dealership losses to government
Car dealers incurred combined losses of 138 billion yuan ($19.55 billion) in the first eight months of the year as they were forced to sell new cars at sizable discounts, the China Automobile Dealers …
An $80 million crypto fund backed by Bill Ackman is winding down after its Forbes 30 under 30 founder went silent in China
Michael McBride was the new guy at Google Ventures, but that didn’t stop him from chasing a deal across the world.
US law firms shrink China footprint as investment decline hurts business
This came after the China Business Law Journal reported in July that six US law firms, including the four firms who had replied to the Post, had closed offices in Beijing, Shanghai and Hong Kong…
India’s finished steel imports from China hit 7-year high in April-August, data shows
India’s finished steel imports from China hit a seven-year high during the first five months of the 2024/25 financial year, provisional government data reviewed by Reuters showed. India’s overall …
Beijing IPO meddling leaves bad taste in Hong Kong
Promises, promises. Few people like it when an initial public offering flops on the first day. The People’s Republic, though, is taking such dislike to a new and unwarranted level. The China …
China Resources Beverage aims to launch up to $1 billion Hong Kong IPO in October, sources say
Drinks maker China Resources Beverage is aiming to launch its Hong Kong initial public offering to raise up to $1 billion in October, according to two sources with direct knowledge of the matter, in a…
China stimulus calls are growing louder — inside and outside the country
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence.
China to resume importing Japanese marine products
China will gradually resume importing Japanese marine products, the Chinese Foreign Ministry announced Friday. Beijing has imposed a blanket ban since Japan began discharging treated water from the …
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Arc’teryx, Adidas, Ralph Lauren, Sam’s Club and Yum China are all growing their China sales, but for different reasons
Arc’teryx, Adidas, Ralph Lauren, Sam’s Club and Yum China are all growing their China sales, but for different reasons.
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