Donald Trump Puts 90-Day Pause on Higher Tariffs
President of the United States Donald Trump on Wednesday, April 9, announced a 90-day pause on higher tariffs and at the same time increased levies on goods imported from China to 125%.
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Weixin Pay Users to Receive Cross-Border Transfers From PayPal’s Xoom
PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.
US Imposes New Tariffs on China
President of the United States Donald Trump intends on Wednesday, April 9, to impose huge levies of 104% on all goods imported from China.
China Demonstrates Readiness for Trade War
The decision by the head of the People’s Republic of China, Xi Jinping, to quickly take countermeasures against the United States in the area of trade after US President Donald Trump last week announced reciprocal tariffs on goods imported from the Asian country indicates Beijing’s readiness for a large-scale, intense and, in a sense, fundamental […]
China Imposes Reciprocal Tariffs on Imports of US Goods
China on Friday, April 4, announced retaliatory tariffs on goods imported from the United States, after the US imposed further measures to tighten its trade policy.
Markets React to New Tariffs
Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.
Walmart Reportedly Keeps Price Pressure on Suppliers
The media, citing insiders, published information according to which Walmart continues to push Chinese suppliers to cut prices as part of efforts to offset tariffs from the United States on imports of goods from the Asian country.
China’s Zhipu AI Launches Free AI Agent
Chinese startup Zhipu AI, which operates in the artificial intelligence industry, launched a free AI agent on Monday, March 31, joining the wave of similar technological premieres in the increasingly competitive digital intelligence market of the Asian country.
China, Japan, South Korea to Jointly Counter US Tariffs
Last Sunday, March 30, China, Japan, and South Korea held their first economic dialogue in five years, reflecting the desire of these Asian countries to facilitate regional trade in preparation for countering the negative impact of tariffs from President of the United States Donald Trump.
Huawei Revenue Increases to Near-Record High
Chinese technology giant Huawei on Monday, March 31, reported a sharp increase in its revenue last year amid the acceleration of the company’s core telecommunications and consumer businesses.
China’s Factory Activity Accelerates
In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.
China Reportedly Warns US on Reciprocal-Tariff Reprisal
The media published information according to which China warned the United States of its intention to impose retaliatory trade measures against the US if Washington announces new reciprocal tariffs on goods imported from this Asian country next week.
China’s Industrial Profits Decrease
China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.
US Adds More Chinese Companies to Export Blacklist
Last Tuesday, March 25, the United States added dozens of Chinese technology companies to its export blacklist.
China Urges Global Business to Resist Protectionism
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
China’s Bond Yields Increase
Economists cited by the media argue that the latest rise in Chinese government bond yields should not be characterized as a sign of reflation, as ongoing deflationary pressures are expected to be a contributing factor to interest rates remaining low.
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