Trade
EU countries divided on Chinese EV tariffs in vote, Reuters reports
Pictured here is a Zeekr electric vehicle charging station in Dongguan, Guangdong province of China, on Nov. 14, 2022. Vcg | Visual China Group | Getty Images European Union governments exposed divided views on the merits of EU tariffs on imports of China-built electric vehicles in a non-binding but still influential vote, sources with knowledge of the vote said on Tuesday. The European Commission, which oversees […]
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Man caught attempting to smuggle 104 live snakes in his pants at China border
Image of Chinese customs officers holding bags of snakes seized at the Futian Port shared on July 9, 2024 Source: General Administration of Customs of the People’s Republic of China A man attempting to smuggle 104 live snakes in his pants was caught at a Chinese border this week, according to the country’s customs authority. […]
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Amazon’s Asian rival Shein wants to be supply chain giant, but some fear Chinese cyber spying inside global trade links
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to companies […]
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Trade feuds apart, Chinese corporations are committed to the U.S. current market, survey demonstrates
GP: American flag and Chinese flag Matt Anderson Photography | Minute | Getty Photos A new survey of Chinese enterprises in the U.S. has located that a majority remain bullish on the industry very long term regardless of escalating considerations about U.S.-China relations and the broader enterprise setting. The yearly survey done by the China […]
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EU tariffs on China not a ‘punishment,’ claims German economic system minister
Proposed European Union tariffs on Chinese merchandise are not a “punishment,” Germany’s Economic system Minister Robert Habeck explained to Chinese officers in Beijing on Saturday. Habeck’s stop by to China is the to start with by a senior European official considering that Brussels proposed significant duties on imports of Chinese-built electric powered automobiles (EVs) to combat what […]
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EU to problem U.S. and China strategically on trade, competitiveness main says
Executive Vice President of the European Commission for A Europe Fit for the Electronic Age Margrethe Vestager talks to media in the Berlaymont, the EU Fee headquarter on May well 23, 2024 in Brussels, Belgium. Thierry Monasse | Getty Visuals News | Getty Photographs The European Union might be no economic match for its U.S. […]
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Malaysia planning to sign up for BRICS economic group, media report claims
A general check out of flags of (From L to R) South Africa, Brazil, Russia, India and China in the course of the 2023 BRICS Summit at the Sandton Conference Centre in Johannesburg on August 24, 2023. Michele Spatari | Afp | Getty Illustrations or photos Malaysia is getting ready to join the BRICS team […]
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Putin vows trade and security tie-ups with North Korea beyond the West’s reach
Russian President Vladimir Putin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 7, 2024. Anton Vaganov | Reuters Vladimir Putin promised to build trade and security systems with North Korea that are not controlled by the West and pledged his unwavering support in a letter published […]
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Australia’s Albanese, China’s Li hold ‘candid’ talks
China’s Premier Li Qiang (L) and Australia’s Prime Minister Anthony Albanese shake hands during a signing ceremony at Parliament House in Canberra on June 17, 2024. Lukas Coch | AFP | Getty Images Australia’s Prime Minister Anthony Albanese and Chinese Premier Li Qiang met on Monday in the first visit to the country by a […]
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Trump floats ‘all tariff policy’ to swap earnings tax, sources say
Republican presidential applicant, former U.S. President Donald Trump speaks through his campaign rally at Sunset Park on June 09, 2024 in Las Vegas, Nevada. Brandon Bell | Getty Visuals Donald Trump on Thursday brought up the concept of imposing an “all tariff coverage” that would finally help the U.S. to get rid of the income […]
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