BEIJING (AP) — China on Friday imposed anti-dumping duties on European brandy, most notably cognac produced in France, as trade tensions between Beijing and United States allies continue to rise.
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EU spirits industry calls on China to lift all curbs on brandy imports
EU spirits association spiritsEUROPE on Friday welcomed China’s decision to exempt major cognac producers from dumping duties on imports into the country, but called on the government to drop all …
End of tax-free loophole for low-value goods disrupts air shipments to US from China
Air cargo shipment volume from Asia has declined by double digits since the US cancelled a tax-free exemption for low-value packages from China early in May, trade groups and analysts said.
China’s intense EV rivalry tests Thailand’s local production goals
Hyper-competition in China’s electric vehicle sector is spilling over to its biggest market in Asia, Thailand, as smaller players struggle to compete with dominant BYD , putting ambitious local …
China’s Share of US Imports Falls to 7% as Vietnam Closes in
China’s share of US imports fell to 7.1% in May, the lowest since 2001, according to trade data published on Thursday by the US Census Bureau. That’s a 4.3 percentage point lower than the same…
Breaking: FTX Victims At Risk Of Losing Claims In China and Other Restricted Jurisdictions
Chinese users make up 82% of FTX claims from restricted regions, with the China crypto ban proving a major legal hurdle in settlement.
Trump Wants the World to Squeeze Out China. He’s Starting With Vietnam.
An initial trade deal with Vietnam offers a glimpse of how President Trump is pushing countries to cut back on trade with China.
U.S. lifts chip design software curbs on China in trade deal
The White House cracked down on sales to China as part of measures responding to Beijing’s limits on shipments of essential rare earths.
China seeks financial advice from Europe to stop economic headache from escalating
As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun quietly seeking guidance from European …
Company says it’s closing Pa. plant due to import ban on American logs into China, among other reasons
The company said there was a range of factors involved in the closing, including skilled labor shortages, rising labor costs, increased prices for equipment and production supplies, global economic …
China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
With their near-total reliance on Chinese imports, American fireworks companies have landed squarely in the crosshairs of President Donald Trump ’s trade war with Beijing. China manufactures 99% of the fireworks enjoyed in backyards and…
China’s tech firms aggressively push for a yuan-pegged stablecoin abroad
China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative …
China’s EV battery makers plan Hong Kong listings, eyeing global market
GUANGZHOU — Chinese electric vehicle battery makers like Sunwoda Electronic and Eve Energy have laid out plans to list on the Hong Kong Stock Exchange, looking to raise funds to increase production …
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