The trade dispute between China and Australia is set to escalate as Beijing is imposing massive import duties on wines imported to the country from Australia for the next five years. This move threatens to cut off their top export… Read More ›
Regulations & Legal
Suez Canal Authority Says Partial Floating Of Cargo Ship Blocking The Suez
There was a glimmer of hope for the Suez Canal crisis after rescuers managed to partially refloat the stranded giant container ship that is blocking the canal on Monday after it had got stuck in the canal last Tuesday blocking… Read More ›
Alibaba-backed Energy Monster’s US IPO caught in legal dispute
Alibaba and SoftBank-backed China’s biggest mobile device power bank startup Energy Monster has been caught in an ownership dispute which clouds its chances of a Nasdaq debut, already buffeted by new U.S. regulations to delist foreign companies that do not… Read More ›
Tariffs are “legitimate tool” for U.S. trade policy: USTR
In a statement U.S. Trade Representative Katherine Tai said, she plans on continuing to maintain threat of U.S. tariffs on goods from Britain, India, Austria, Spain, Italy and Turkey in retaliation to their digital services taxes. She went on to… Read More ›
Facebook Investigation Reveals Uyghurs Living In US Were Targeted By Chinese Hackers
Finding from an investigation by security staff at Facebook has revealed that Uyghur activists and journalists living in the United States were targeted by Chinese hackers with the aim of spying on them. “They targeted activists, journalists and dissidents… Read More ›
EU Backs Stricter Export Control Of Covid-19 Vaccines But Dies Not Impose A Ban
Leaders of the European Union backed in principle of imposing tougher controls on exports of Covid-19 vaccines, stopping short of imposing a complete ban on export of the vaccines. This move came after a drawn-out row with the Anglo-Swedish manufacturer… Read More ›
$9.6bn Of Goods A Day Is Being Held Up By The Suez Blockage
According to shipping data, an estimated an estimated $9.6bn of goods each day is being held up by the stranded Ever Given mega-container ship in the Suez Canal since Tuesday. That is equivalent to $400m an hour in trade along… Read More ›
AstraZeneca cannot export COVID-19 vaccines until it fulfils contracts with EU
Following a meeting of EU members, EU Commission chief Ursula von der Leyen said, AstraZeneca cannot export any more COVID-19 vaccines from Europe until is makes good on its contracts with the European Union. “We have to and want to… Read More ›
Surge In Gaming Sale Helps Revenue Growth For China’s Tencent
Higher demand and revenues from its gaming business helped the Chinese tech giant Tencent to report 26 per cent rise in its quarterly sales. While Tencent’s PUBG Mobile continued to do well all across the world, its Honor of Kings… Read More ›
A $2.3 Trillion Hidden Debt Of China’s Local Governments Could Get Bigger This Year
A government linked think tank in China has said that last year, the total hidden debt of the country’s local governments was at 14.8 trillion yuan ($2.3 trillion) and that figure could rise even further in the current year. According… Read More ›
manageria.biz 