A Foxconn subsidiary, Foxconn Industrial Internet is its parent vehicle to raise sufficient funds to enable Foxconn to wean itself off from manufacturing devices for Apple Inc and instead align itself towards Made in China 2025 policy by entering into… Read More ›
The potential deal underscores the strategic importance tech know-how and market influence are to Beijing while Washington focuses on trade and slashing its trade deficit with China. As per two sources briefed on the talks between the United States… Read More ›
Although earlier it was unthinkable for Toyota to sell electric vehicles, its current strategy tops that since it involves selling EVs that are derived from its’s Chinese partner’s vehicle which do not feature is triple-oval logo. This is the extent… Read More ›
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›
If China goes ahead with the move, it would help foreign automakers to export more cars into China and help reduce price gaps. On Thursday, Bloomberg has filed a report citing sources familiar with the matter at hand as saying,… Read More ›
Chinese President Xi Jinping’s speech wherein he has promised to open up China’s economy and cut import tariffs have eased investor concerns surrounding the growing trade conflict between the two of the world’s biggest economies. On Tuesday, with Chinese President… Read More ›
With the United States slapping tariffs on Chinese imports, there is a growing market opportunity for rivals to Chinese companies to increase their market share in their respective segments and expand their foothold in the U.S. Modern Dental Group Ltd,… Read More ›
Although the U.S. Department of Agriculture (USDA) has a range of options under which U.S. farmers could be protected, it is evaluating its options and gauging the market’s reaction. As per an official from the U.S. Department of Agriculture (USDA),… Read More ›
A range of U.S and European companies, are likely to be affected by this measure, including DowDuPont, Equistar, BASF, Eastman, Sasol and Ineos. On Wednesday, China’s Ministry of Commerce said, Beijing will raise anti-dumping tariffs on diethylene glycol and ethylene… Read More ›
Beijing move will impact $3 billion U.S. exports to China. China’s finance ministry stated, Beijing has imposed additional tariffs of up to 25% on 128 U.S. products including including certain nuts, wine and frozen pork, in response to U.S. duties… Read More ›
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