China

  • China is funding the future of American biotech Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this ...
  • China moves quickly in bid to counter sharp slowdown in economy Vice-premier and central bank governor intervene as GDP grows at lowest rate since 2009 Chinese officials have reacted quickly to a sharp slowdown in growth at the world’s second largest economy, promising that it remained strong despite an escalating … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Apple CEO Tim Cook Calls on Bloomberg to Retract Supply Chain Hack Story: ‘There’s No Truth to This’ For the first time since Bloomberg published a highly controversial story suggesting Chinese spies planted microchips in Supermicro server motherboards Apple used in its iCloud facilities, Apple CEO Tim Cook has gone on the record to vehemently deny th… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • China growth slowest since financial crisis as trade war looms – business live Economic growth of 6.5% in the third quarter was the weakest since early 2009 and is expected to slow further as the effects of China’s trade war with the US take hold 8.27am BST Putting China’s growth figures in context, Neil Wilson at markets.com say… Share this:Click to email this to a friend (Opens in new ...
  • ‘This is next-level geopolitics’: USMCA China trade clause will test how willing Canada is to tempt fate with U.S. APMA president Flavio Volpe speaks with the Financial Post’s Larysa Harapyn about how the USMCA’s China trade clause could impact supply chains in Canada Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • Cryptocurrency wallet startup Cobo raises $13M Series A to enter the U.S. and Southeast Asia Cobo, a cryptocurrency wallet startup headquartered in Beijing, has raised a $13 million Series A to enter new international markets. The round was led by DHVC and Wu Capital, a family office based in China. Cobo plans to expand in the United States and Southeast Asia, in particular Vietnam and Indonesia. Cobo is also now ...
  • Apple Apologizes After Stolen Apple ID Credentials Aided in Phishing Attack in China Apple has formally apologized to users in China over the hacking of some Chinese accounts in a series of phishing scams that hit the country last week. The successful phishing attacks used stolen Apple IDs to gain access to customer funds, leading to “… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Google CEO Sundar Pichai speaks publicly for the first time about its censored China search engine Commenting publicly for the first time about Google’s censored search engine for China, CEO Sundar Pichai said onstage at the WIRED 25 summit in San Francisco that the company is taking “a longer-term view” about the country. Codenamed Project Dragonfly, the controversial development has been public knowledge since a report in August by the Intercept, ...
  • Chinese electric automakers Nio exceeds Q3 delivery target for its ES8 SUV Nio, the Chinese electric automaker aiming to compete with Tesla, reported that it delivered 3,268 of its new ES8 vehicles in the third quarter, beating its own target by 9%. The company planned to deliver between 2,900 and 3,000 ES8s in the third quarter, according to Nio CFO Louis T. Hsieh. Nio began deliveries of the ...
  • U.S. lawmakers warn Canada to keep Huawei out of its 5G plans In a letter addressed to Canadian Prime Minister Justin Trudeau, Senators Mark Warner and Marco Rubio make a very public case that Canada should leave Chinese tech and telecom giant Huawei out of its plans to build a next-generation mobile network. “While Canada has strong telecommunication security safeguards in place, we have serious concerns that ...
  • Kuo: Apple Has Opportunity With iPhone XR in China as Chinese Rivals Face ‘Lower Than Expected’ Demand In a research note obtained by MacRumors, Apple analyst Ming-Chi Kuo said cumulative smartphone shipments from four major brands on the Chinese market, including Huawei, Oppo, Vivo, and Xiaomi, declined 10 percent on a year-over-year basis during China… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Kaspersky Lab Says Report Claiming China Hacked Apple’s Former Server Supplier is Likely ‘Untrue’ Russia-based cybersecurity company Kaspersky Lab today said that while “hardware supply chain attacks are a reality,” evidence suggests Bloomberg Businessweek’s report about Chinese intelligence tampering with server motherboards manufactured by Apple’… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Why are stock markets falling and how far will they go? The FTSE 100 has plunged 10% since May and Wall Street suffered its biggest drop in 8 months this week. What’s going on?A volatile week across global stock markets has escalated into a heavy sell-off, with European stock markets plunging to their lowes… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • A ‘weak link’ no more? New trade deal prods Canada to stop Chinese counterfeits headed for U.S. Canada was the fourth largest source of the 34,000 counterfeit shipments seized by American authorities last year Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • IMF boss defends Federal Reserve after Trump calls it ‘crazy’ Christine Lagarde says policy of raising US interest rates ‘legitimate and necessary’The boss of the International Monetary Fund has defended the Federal Reserve’s interest rate rises as “legitimate and necessary”, after Donald Trump said the central b… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Why are markets plunging and which stocks are worst hit? Rising US interest rates, trade war tensions and uncertainty in Italy provide a volatile mixA volatile week across global stock markets has escalated into a frenzied sell-off, with European stock markets plunging to their lowest level in 20 months on T… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Climate change will make the next global crash the worst | Larry Elliott The storm clouds are gathering, but the world’s economies now have far fewer shelters from disaster than they did in 1929Late last month Indonesia was hit by a devastating earthquake and tsunami that left thousands of people dead and missing. This week… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • World stock markets dive as Trump attacks ‘crazy’ US rate hikes President adds to borrowing costs concern as China tension fuels febrile market moodShares in the Asia-Pacific region dropped sharply on Thursday following a big sell-off on Wall Street overnight as Donald Trump condemned “crazy” US interest rate hikes… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • NSA Senior Advisor Latest to Question Report Claiming China Hacked Apple’s Former Server Supplier Rob Joyce, Senior Advisor for Cybersecurity Strategy at the NSA, is the latest official to question the accuracy of Bloomberg Businessweek’s bombshell “The Big Hack” report about Chinese spies compromising the U.S. tech supply chain. “I have prett… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Apple Said to Have ‘Dramatically Reduced’ Multi-Billion-Dollar iPhone Repair Fraud in China Within the past four years, Apple has managed to “dramatically reduce” the rate of iPhone-related repair fraud in its retail stores in China, according to The Information’s Wayne Ma. The report is based on interviews with more than a dozen former Apple… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • China’s fast-rising Bullet Messenger hit with copyright complaint Bullet Messenger, a fast-rising Chinese messaging upstart that’s gunning to take on local behemoth, WeChat, has been pulled from the iOS App Store owing to what its owners couch as a copyright complaint. Reuters reported the development earlier, saying Bullet’s owner, Beijing-based Kuairu Technology, claimed in a social media posting that the app had been taken down ...
  • IMF cuts forecast for global growth for first time in two years as trade war takes toll Risks to the global outlook have risen in the last three months and tilt to the downside, the IMF warns Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • Trump’s trade war with China and Europe will hit global growth – IMF UK’s outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1% Donald Trump’s trade war with China and Europe is forecast to hit global growth this year and reverberate through 2019, the International Monetary Fund has warned … Share this:Click to email this to a friend (Opens in new window)Click ...
  • In letter to Congress, Apple sends strongest denial over ‘spy chip’ story Apple has doubled down on its repudiation of Bloomberg’s report last week that claimed its systems had been compromised by Chinese spies. The blockbuster story cited more than a dozen sources claiming that China installed tiny chips on motherboards built by Supermicro, which companies across the U.S. tech industry — including Amazon and Apple — have ...
  • Nubank is now worth $4 billion after Tencent’s $180 million investment Nubank, the Brazilian financial services company, has raised $180 million from the Chinese internet giant, Tencent. Tencent has long been interested in financial services startups, and with its $90 million direct investment and another $90 million investment in the secondary market the company now has access to what is arguably the largest digital banking company ...
  • Apple Tells Congress ‘Nothing Was Ever Found’ to Suggest Alleged Supply Chain-Based Hack Apple’s top security chief told the U.S. Congress on Sunday that it had found no indication of suspicious transmissions or other evidence that its China supply chain was ever compromised (via Reuters). In a letter to the Senate and House commerce … Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • The next big restaurant chain may not own any kitchens If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transformed transportation, media, retail and logistics will also work their way through prepared food businesses. The Battle Is For The Customer Interface Investors ...
  • The next big restaurant chain may not own any kitchens If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transformed transportation, media, retail and logistics will also work their way through prepared food businesses. The Battle Is For The Customer Interface Investors ...
  • Department of Homeland Security Has ‘No Reason to Doubt’ Apple’s Denial of Supply Chain Compromise In a statement issued Saturday evening, the U.S. Department of Homeland Security said it has “no reason to doubt” the companies who denied this week’s Bloomberg Businessweek report about China tampering with servers manufactured by Supermicro. ”The … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • As global poverty declines, we should beware the new class wars | Kenan Malik We’re told the world is turning middle class, but those at the bottom have little to cheerHalf the world is now middle class. So ran the headlines reporting a Brookings Institution analysis of global poverty, according to which 3.8 billion people can n… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Study says the US is quickly losing its entrepreneurial edge According to a new study conducted by the Center for American Entrepreneurship and NYU’s Shack Institute of Real Estate, the US may be losing its competitive advantage as the dominant nucleus of the startup and venture capital universe.  The analysis, led by senior Brookings Institution fellow Ian Hathaway and “Rise of the Creative Class” author Richard Florida, examines the flow ...
  • Apple’s Former Legal Chief Bruce Sewell Says FBI ‘Never Heard’ of Supermicro Allegations Last Year Apple’s efforts to thoroughly deny this week’s bombshell Bloomberg Businessweek report now extend to a former top executive. Apple’s former general counsel Bruce Sewell Apple’s recently retired general counsel Bruce Sewell told Reuters he called th… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Bloomberg stands by Chinese chip story as Apple, Amazon ratchet up denials It’s clear someone isn’t telling the truth, but we don’t know who. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click ...
  • How the new USMCA trade deal factors into Trump’s trade war with China One clause in the new deal to replace NAFTA appears to target Canada and Mexico’s trade dealings with China Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to ...
  • UK’s Cyber Security Agency Supports Apple’s Denial of China Having Infiltrated iCloud Servers The United Kingdom’s National Cyber Security Centre has backed Apple’s and Amazon’s denials of a Bloomberg Businessweek report that claimed Chinese spies planted tiny chips the size of a pencil tip on motherboards manufactured by Supermicro, which both… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Rejected journalist visa sparks press freedom fears in Hong Kong There’s concern for the freedom of the press in Hong Kong after the government declined to renew the visa of a veteran Financial Times’ editor, dealing an alarming blow to the country’s thriving journalism community. Victor Mallet, the FT’s Asia news editor who is also vice-president of the Foreign Correspondents’ Club, is effectively being expelled after he was ...
  • Bloomberg: Super Micro motherboards used by Apple, Amazon contained Chinese spy chips Super Micro, Amazon, and Apple deny everything in the report. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share ...
  • Volvo’s Polestar brand is assembling prototypes of its first plug-in hybrid sports car Polestar has started assembling verification prototypes of its upcoming plug-in hybrid sports car as Volvo’s standalone electric performance brand prepares to produce customer cars next year. Verification prototypes of the Polestar 1 vehicle, which are built largely by hand, mark the first testing phase for production. The vehicles will be crashed and driven through different kinds of ...
  • VP Pence calls on Google to end work on a search engine for China On Thursday, Vice President Mike Pence called for Google to end its development of a search engine custom built to accommodate China’s disposition for censorship. Pence gave the speech at a conservative think tank in D.C., dipping into a range of anti-Beijing sentiments, from intellectual property concerns to tariffs and the trade war. Pence didn’t ...
  • Apple Further Refutes Bloomberg Report Suggesting Chinese Spies Tampered With iCloud Servers Apple has gone to unusual lengths to thoroughly and definitively refute a Bloomberg Businessweek article that today suggested Chinese spies had planted microchips in the Chinese-made Supermicro server motherboards that Apple uses in its facilities. … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Apple Denies Report Claiming Chinese Spies Planted Microchips in iCloud Servers Bloomberg Businessweek today reports that around three years ago, the Chinese military began inserting microchips on Supermicro server motherboards while they were being manufactured in China, providing the Chinese government with a stealth doorway int… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom firm PLDT. The deal would bring Tencent into direct competition with arch-rival Alibaba, which entered the Philippines 18 months ago when its fintech affiliate Ant ...
  • ZTE hit with 2-year ‘monitoring’ extension after breaking probation terms Embattled Chinese tech firm ZTE narrowly survived after the U.S. Department of Commerce hit it with a $1 billion fine and forced changes to its business earlier this year, and. Now it is back in the news for negative reasons after it was judged to have broken the probation around a fine that it copped in ...
  • SoftBank and Toyota team up to develop services powered by self-driving vehicles SoftBank is getting into self-driving car services after the Japanese tech giant announced a joint-venture with Toyota in its native Japan. SoftBank is invested in Uber and a range of other ride-hailing startups like Didi in China and Grab in Southeast Asia, but this initiative with Toyota is not related to those deals. Instead, it ...
  • Tencent Music, China’s largest streaming service with 800M users, files for US IPO This year has seen a number of tech companies that are majority or substantially owned by Chinese giant going public in the U.S. Baidu’s iQiyi service, Xiaomi-backed Huami and Viomi are a few examples, and now Tencent Music — the music division of Tencent, as you can guess — is making its run after plenty of ...
  • Tencent shakeup puts the focus on enterprise Chinese internet giant Tencent is reorganizing its business to place more emphasis on enterprise as it prepares for the future of technology and looks to alleviate the pressure on its under-fire consumer business. The reorg, which Reuters reports is the company’s first shakeup for six years, was announced over the weekend — ahead of a ...
  • IMF chief warns of economic slowdown on back of trade disputes Christine Lagarde drops hint that fund will cut global growth forecast next weekThe head of the International Monetary Fund has sounded the alarm over the global economy, warning of an economic slowdown triggered by rising trade protectionism and soari… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • 5 takeaways on the state of AI from Disrupt SF The promise of artificial intelligence is immense, but the roadmap to achieving those goals still remains unclear. Onstage at TechCrunch Disrupt SF, some of AI’s leading minds shared their thoughts on current competition in the market, how to ensure algorithms don’t perpetuate racism and the future of human-machine interaction. Here are five takeaways on the ...
  • First DJI, now Bang & Olufsen gets Line Friends-themed products Line is a pretty busy company. Beyond a messaging app that claims over 160 million users, the company operates service like music streaming, manga, food delivery, games and it is also venturing into crypto. The company has long been known for its playful characters — Line Friends — which are a core part of its ...
  • Bitmain IPO concerns: the crypto giant recorded a big loss in Q2 2018 Bitmain’s IPO is the big news in the crypto world this week. The company just filed its IPO prospectus and the numbers are impressive, particularly the year-on-year growth between the first six months of 2018 and a year prior, which saw a near-10x jump in revenue and 7x growth in profit. Nevertheless, that aggregated six-month number may be ...
  • China’s Didi Chuxing launches taxi-hailing service in Japan China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in Japan. The service has gone live in Osaka, the city of nearly nine million people, and parts of the surrounding area including Kansai International Airport. The Didi ...
  • The truth is that Trump has a point about globalisation | Larry Elliott The president’s belief that the nation state can cure economic ills is not without meritOnce every three years the International Monetary Fund and the World Bank hold their annual meetings out of town. Instead of schlepping over to Washington, the gath… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • China’s Didi Chuxing adds more safety features following passenger murder Didi Chuxing, China’s largest ride-hailing firm, is rolling out new security systems one month after a female customer was raped and murdered by a driver, the second such fatality on its Hitch service this year. Today the company said it introduced a number of new safety features which include random biometric ID testing for drivers ...
  • China will overtake the U.S. economy in less than 15 years, says HSBC, challenging Trump’s claim China also seen as single biggest contributor to global growth over the next decade Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens ...
  • India’s budget hotel startup OYO raises $1B for international growth OYO, the India-based startup that operates a network of budget hotels, has pulled in $1 billion in new funding to grow its business in China and expand into other international markets. The majority of the funding — $800 million, to be exact — was led by SoftBank’s Vision Fund with participation from Lightspeed, Sequoia and Greenoaks Capital. OYO ...
  • Trade war: US is putting a knife to China’s neck, says top official Commerce minister says the resumption of talks depends on US ‘will’ as Beijing also accuses Washington of bullyingThe United States is putting “a knife to China’s neck” on trade issues, a senior Chinese official has said, as the two sides struggle to f… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • China splits the internet while the U.S. dithers There are few stories as important right now as the internet being ripped asunder by the increasing animosity between the U.S. and China. Eric Schmidt, the former chairman of Alphabet, said last week at a private event in San Francisco that “I think the most likely scenario now is not a splintering, but rather a ...
  • U.S., China clobber each other with biggest sets of tariffs yet — and consumers will take the hit Economists expect the cost of food, clothing, furniture, toys and cars to swell, triggering layoffs across industries in both countries Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • New US tariffs on China take effect with no compromise in sight Washington imposes $200bn taxes on Chinese goods, while Beijing targets $60bn of US goodsThe United States and China have imposed new tit-for-tat tariffs against each other’s goods, the latest escalation in a heated trade war between the world’s two la… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • VCs say Silicon Valley isn’t the gold mine it used to be In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ The author outlined reasons why the Valley has “peaked.” Venture capital investors are deploying capital outside the Bay Area more than ever before. High-profile entrepreneurs and investors, Peter Thiel, for example, have left. Rising ...
  • How the Financial Crisis Undermined America’s Place Atop the Global Order Ten years on, the reverberations from the global financial crisis are still shaking up the world order. While the catastrophe led to movements toward nationalism in several countries, it also accelerated America’s departure from its position as leader of the world–and in the void, a new power has begun to rise. Confidence that the U.S.… Share ...
  • Meituan-Dianping’s IPO off to a good start as shares climb 7% on debut Meituan-Dianping (3690.HK) enjoyed a strong debut today in Hong Kong, a sign that investors are confident in the Tencent-backed company’s prospects despite its cash-burning growth strategy, heavy competition and a sluggish Hong Kong stock market. During morning trading, Meituan’s shares reached a high of HKD$73.85 (about $9.41), a 7% increase over its initial public offering ...
  • WTO head offers to mediate between China and US over trade war Roberto Azevêdo is determined to get the two countries talking and defuse the growing conflictThe head of the World Trade Organization has pledged to mediate between the United States and China as fears grow that the escalating trade conflict between t… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • China appeals for free trade amid tariff battle with Trump – business live Rolling coverage of the latest economic and financial news, as markets digest the ongoing US-China trade rowChinese premier: Trade wars aren’t the answerLi: We’ll keep opening China upComing up: UK inflation and house price data 8.32am BST Premier Li’s… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • The US-China trade war is unlikely to be settled soon | Nils Pratley Trump needs a quick result but is unlikely to get one without drawing in other nationsJack Ma’s prediction that the US-China trade war could last 20 years sounds plausible. At the very least, the Alibaba billionaire’s opening analysis is surely correct… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Ben Jennings on the latest round in the US-China trade row – cartoon Continue reading… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on Pinterest (Opens in new window)
  • Donald Trump’s reliance on Chinese restraint is risky Xi Jinping may grow tired of role as ‘adult in the room’ in dealings with US presidentChina’s response to Donald Trump’s escalating trade war has been relatively restrained so far. But Tuesday’s latest $200bn (£152bn) increase in US tariffs, with the t… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Trump vows retaliation after accusing China of targeting tariffs on U.S. farmers to sway election Beijing said it would retaliate with tariffs against US$60-billion worth of American products after Trump’s latest US$200-billion round of tariffs on China goods Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens ...
  • China hits back at US with $60bn of new tariffs Response to Donald Trump’s imposition of $200bn tariffs further escalates trade warChina is to slap tariffs on an additional $60bn (£56bn) of imports from the US in retaliation against $200bn of new US import tariffs announced by Donald Trump.The lates… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Trade war between U.S. and China could last 20 years, warns billionaire Jack Ma It’s going to last longer and have a bigger impact than most people think Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • Trade war escalates as Trump imposes tariffs on $200bn of Chinese goods – business live All the day’s economic and financial news, as China accuses president Trump of poisoning trade talks with his latest salvo of tariffsIntroduction: Trump slaps $200bn tariffs on ChinaChina: Trump has poisoned negotiations 7.59am BST Elsa Lignos of RBC C… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Africa’s Jumo raises $52M led by Goldman to bring its fintech services to Asia Asia’s fintech scene is poised to get a little larger after Jumo, a company that offers loans to the unbanked in Africa, revealed plans to expand into the continent. To get the ball rolling, Jumo has opened an office in Singapore to lead the way and landed a massive $52 million investment led by banking giant ...
  • Trump expands tariffs on China by another $200 billion, threatens more By this point, you should all know the drill. Another day, another massive tariff from the Trump administration. After rumors the past few weeks that the president was considering expanding tariffs to another $267 billion worth of imported goods from China, the administration announced today that it would expand them merely to another $200 billion ...
  • Donald Trump threatens to impose $200bn import tariffs on China in trade war US president tweets that countries who don’t make ‘fair’ trade deals with United States will face higher import tariffsDonald Trump has issued China with a renewed threat that he could impose $200bn of import tariffs on Chinese goods arriving in Americ… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Trump plans to slap 10% tariff on $200 billion of Chinese goods, sources say The rate is less than half of the 25 per cent level the administration had initially been considering Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share ...