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U.S.-China trade detente boosts demand, overwhelming container ship owners as shipping activity surges, reports Reuters. Key Points Revived Trade Relations After a detente in US-China trade...
Midea Group will acquire BDR Thermea’s China operations to boost global expansion and shift towards commercial solutions. The deal includes brands, assets, and bolsters Midea’s international...
China’s factory-gate and consumer prices fell in April, highlighting deflationary pressures. Challenges include a housing market downturn, high debt, and trade barriers, necessitating further economic stimulus....
UBS has instructed its bankers to avoid flying business class on short-haul trips to China, aiming to reduce costs and environmental impact. Key Points UBS has...
Top US and Chinese officials will meet in Geneva to address escalating trade tensions. Discussions will focus on reducing tariffs and broader trade restrictions, aiming for...
Temu, a Chinese retailer, transitioned to a local fulfillment model in the U.S. to avoid high tariffs following the expiration of the de minimis exemption, maintaining...
Mainland China’s housing market shows slight stabilization but lacks sustained recovery. Limited demand, oversupply issues, and mixed prices persist despite eased restrictions. Economic uncertainty and cautious...
Walthers, a 93-year-old Milwaukee model railroad company, faces difficulties due to 145% tariffs on Chinese imports. CEO Stacey Walthers Naffah seeks solutions to sustain the business....
Decathlon is reportedly planning to sell a 30% stake in its China business, according to Bloomberg News and Reuters. Key Points Decathlon’s Strategic Move Decathlon is...