President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world’s largest economies. Speaking at the White House, Mr. Trump said that the tariffs were in response to China’s role…
Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically declined since Donald Trump’s first term. This trend is unlikely to reverse as Trump returns…
China is sending Vice-President Han Zheng to US President-elect Donald Trump’s inauguration on Monday – the first time a senior Chinese leader will witness a US president being sworn in. Trump had invited Chinese President Xi Jinping, among other leaders – a break with tradition given foreign leaders traditionally do not attend US presidential inaugurations….
Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban. Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social media apps, and others…
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China’s military. The list serves as a warning to American companies and organisations about the risks of doing business with Chinese entities. While inclusion does not mean…
Pictured here is the Grand Indonesia shopping mall in Jakarta on Friday, Jan. 5, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Huawei spinoff Honor announced Tuesday it plans to launch smartphone sales in Indonesia by the end of March, becoming the latest Chinese company to enter a market that has banned Apple’s iPhone…
EMBARGOED TO 1AM SG MON JAN 6 / 9AM PST SUN JAN 5 2025 Beijing-based robot vacuum maker Roborock revealed a new model in January 2025 with an artificial intelligence-powered folding arm for removing obstacles. CNBC | Evelyn Cheng BEIJING — Chinese robot vacuum cleaner company Roborock revealed a new model on Monday that comes…
Three Chinese nationals have been arrested with 12 gold bars and $800,000 (£650,000) in cash in eastern Democratic Republic of Congo, officials say. The gold and money was hidden under the seats of the vehicle they were travelling in, according to Jean Jacques Purusi, the governor of South Kivu province. He said the operation to…
Panamanian President José Raúl Mulino has denied claims by US president-elect Donald Trump that there are Chinese soldiers stationed at the Panama Canal. In recent days Trump has threatened to take the canal back into US control, accusing Panama of “ripping off” the US by charging high shipping rates. In a message posted to his…
People seen around the Starbucks coffee store in Shenzhen, China. Jakub Porzycki | Nurphoto | Getty Images On Starbucks’ fourth-quarter earnings call, newly installed CEO Brian Niccol told investors he needed to spend more time in China to understand the challenges. The company’s same-store sales in the country plummeted 14% as foot traffic and the…
