Tag: china

  • China’s economic slowdown: How worried should we be?

    by

    The cracks in China’s economy appear to be widening, with signs of weakening growth amid a background of trade tensions. Adding to the worries, China’s stock market was the world’s worst performer last year, ending with a loss of 28%. This week Apple said slowing sales in China meant it would not meet sales expectations, triggering […]

    more
  • Wall Street pushes higher in bid to extend rally

    by

    U.S. stocks pushed higher in a choppy session on Friday following a wild week of trading that has seen equities rebound from a prolonged slide. Major indexes moved in and out of positive territory during the day, action that was emblematic of recent volatility though lacking the huge swings of the past week. Thursday’s trading […]

    more
  • China changes impact US holiday recycling

    by

    Tis the season to shop, ship, and open gifts.  But this time, it’s going to be harder to recycle all that holiday wrapping paper and packaging.  The reason – China has stopped buying certain kinds of scrap, and more changes are on the way in 2019. CGTN’s Jessica Stone reports. If your office looks like […]

    more
  • Chinese Internet Court Uses Blockchain To Combat Online Plagiarism

    by

    An Internet Court launched in Eastern Chinese City Hangzhou will now use blockchain to fight plagiarism for online writers, local Chinese news outlet China.org.cn reported. China launched its first internet court in the city of Hangzhou to deal with internet related cases, save time and reduce overhead costs of getting justice out of the system. At the time of […]

    more
  • Could There be a Better Way to Recycle?!

    by

    For years, the model for global recycling was pretty simple: throw it in a bin, then let China deal with the mess. But no longer. It’s been a year since China got tough with American cans, bottles and paper. And the changes are still reverberating up and down the recycling chain. At the Mohawk paper mill in […]

    more
  • China sparked an economic miracle-now there’s a fight over its legacy

    by

    Hong Kong – When Victor Gao was growing up in rural China in 1970s, cars and trucks were so rare he would chase them with the other children through the dirt roads, overjoyed by the strange sight. Today, China is the world’s largest automobile manufacturer, with more than double the capacity of the United States. “I […]

    more
  • Marriott data breach traced to Chinese hackers: Report

    by

    U.S. investigators have identified state-sponsored Chinese hackers as the party most likely responsible for the Marriott hotels data breach that exposed the personal information of roughly 500 million people, according to a report Tuesday. The hackers are said to have acted on behalf of China’s Ministry of State Security, Beijing’s civilian spy agency, the New York […]

    more
  • China’s exports weaken amid US tariff battle, cooling demand

    by

    BEIJING — China’s exports decelerated in November amid a tariff battle with Washington and cooling global demand. Customs data on Saturday showed shipments to the United States rose by a relatively robust 12.9 per cent over a year ago to $46.2 billion, down from October’s 13.3 per cent. Overall, China’s global exports rose 5.4 per […]

    more
  • US-China trade war: Deal agreed to suspend new trade tariffs

    by

    US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. At a post-G20 summit meeting in Buenos Aires, Mr Trump agreed not to boost tariffs on $200bn (£157bn) of Chinese goods from 10% to 25% on 1 January. […]

    more
  • Trade War Update: China Subverts Tariffs, Trade Gap Gets Wider

    by

    Chinese exporters (and likey their American counterparts) have figured out a way for some items to skirt tariffs. U.S. Customs and Border Protection determined last week that Chinese hardwood plywood is circumventing lumber tariffs by using Vietnam , Panjiva Research pointed out on Monday. The end-around is expected to have begun when duties were applied to certain types […]

    more