EU Trade Commissioner Maroš Šefčovič is in Washington this Monday for renewed talks on the tariff conflict. At the meeting with US Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, he will attempt to get the largely fruitless negotiations moving. Last Wednesday, President Donald Trump gave 90 days for negotiations, a part of […]
US President Donald Trump made his first significant backtrack in the tariff dispute with China on Friday evening. The US government announced that smartphones, computers and other electronic devices will be exempt from the latest punitive US tariffs on Chinese goods for the moment. On Sunday, the Chinese Ministry of Commerce called the move a […]
The Chinese gold mine of cheap goods is at risk of going under in the tariff war with the United States. American import tariffs strike at the heart of the billion-dollar market, shaking the business model to its foundations. Chinese authorities fear another economic downturn and millions of lost jobs.China’s leadership is trying to take […]
Initially, China remained quite reserved in the tariff dispute with the US. But that is now a thing of the past. While other Asian countries such as Singapore, Taiwan, and Vietnam have refrained from imposing counter-tariffs or made the White House lucrative offers in some cases, Beijing is making it clear that it will no […]
Autonomous driving is on the verge of reaching the Chinese mass market. Experts largely agree that this year will be a milestone for the country’s market maturity of autonomous driving technologies.The UBS bank predicts the “democratization of high-end autonomous-driving systems” in the country by 2025. Due to the fierce competition between EV manufacturers, they say […]
DeepSeek has changed the narrative for China’s tech giants for the better. After years of regulatory crackdowns and poor investor confidence in the financial markets, the sector is experiencing an unexpected comeback. In recent weeks, China’s tech stocks have made an impressive rally, reflecting the shift with rising prices.The Hang Seng Tech Index in Hong […]
While Germany still debates the planned multi-billion investments in defense and infrastructure, China continues to run up debts. This was demonstrated once again at the end of the National People’s Congress in Beijing: As expected, the delegates approved every proposal submitted – thus paving the way for enormous new debt. This year, China plans to […]
The Chinese leadership is striving for economic continuity, although volatility lurks around every corner. Despite all the economic pitfalls, from the real estate crisis to domestic consumption and youth unemployment, the second-largest economy wants to grow by five percent once again. It had set the same target for 2024 – and achieved it, according to […]
When the new US tariffs came into force shortly after midnight on Tuesday, China reacted swiftly. Only minutes later, the Chinese Ministry of Commerce announced several retaliatory measures. Overall, however, the response was fairly restrained.While Donald Trump increased his additional tariffs on all Chinese products from 10 to 20 percent, Beijing focused its attention on […]
The life’s work of Chris Xu is in jeopardy. His fashion company Shein has seen a meteoric rise in recent years by offering clothing produced in China at unbeatable prices on Western markets. This business model is now facing pressure as both Washington and Brussels have their sights on Shein.The most acute problem for Xu […]