The European Union says it will impose duties on imports of electric vehicles from China on Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute.
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Daimler Truck assesses China business, flags $195 mln valuation hit
Germany’s Daimler Truck said on Tuesday it was assessing the future of its China operations as a recovery in the Chinese truck market remained elusive, and flagged a 180 million euro ($195 million) …
Why China may be saving its bazooka for Donald Trump
After the election, and especially if Mr Trump wins, attention in China will focus on a gathering of officials in Beijing three days later on November 8th. The standing committee of the country’s legislature will…
Trump family, Biden aides among China hack targets, NYT reports
WASHINGTON, Oct 29 (Reuters) – Members of former U.S. President Donald Trump’s family and officials from the Biden administration were among those targeted by China-linked hackers who were able to …
China Blasts CIA for Attempt to Recruit Chinese Spies
China has issued a strong rebuke to the United States, accusing it of hypocrisy over espionage following recent Central Intelligence Agency (CIA) efforts to recruit Chinese informants. At Monday’s …
New Vehicles, Face Paint and a 1,200-Foot Fall: The U.S. Army Prepares for War With China
The big and cumbersome Army is trying to transform itself to deploy quickly to Asia, if needed. It is an inherently dangerous business.
EU slaps tariffs on Chinese EVs, risking Beijing payback
EU tariffs on Chinese-made EVs to take effect Thursday EU members divided over tariffs in vote on Oct. 4 China has own investigations into EU brandy, dairy, pork Brussels, Beijing to continue …
Beijing considers $1.4 trillion borrowing increase to support economy: Reuters
China is considering more than 10 trillion yuan ($1.4 trillion) of extra borrowing in the next few years, according to a report from Reuters, as Beijing strives to reinvigorate an economy struggling with relatively meek…
WilmerHale shutters Beijing office, joining US law firms’ retreat
U.S. law firm Wilmer Cutler Pickering Hale and Dorr is shutting down its Beijing office after 20 years, as major firms continue to reassess their presence in China’s legal market.
China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
China is weighing additional stimulus that would increase if Trump wins the US election. The candidate has proposed huge tariffs on goods from China.
China Baosteel’s Q3 net profit more than halves on faltering steel prices
BEIJING (Reuters) – China’s biggest listed steelmaker, Baoshan Iron & Steel, reported on Tuesday a nearly 65% plunge in its third-quarter net profit, undermined by a fall in steel prices. The company, …
Finland’s president raises Ukraine war, security issues with China’s Xi
Finnish President Alexander Stubb said he would discuss peaceful solutions to the war in Ukraine during his meeting on Tuesday with Chinese President Xi Jinping in Beijing. Finland, which shares a …
Knife attack near school in Beijing injures 5 people, including 3 children
Video circulating on social media showed two school-aged children on the ground. Another image showed a man with blood on his face being held to the ground