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FINANCE

Biden Proposes Tripling Tariffs on Chinese Steel, Aluminum to Counter Beijing’s Product Dumping

In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal

China’s Overseas Product Dumping: Addressing Unfair Competition Caused by Systemic Differences

By Dr. Chen Po-chih The recent surge in low-priced exports of electric vehicles (EVs) from China has raised concerns within the European Union, prompting an anti-dumping investigation. Tesla's Elon Musk,
TikTok Surges in Vietnam Despite Increased Regulatory Pressures
US and Japan Forge Deeper Alliance to Counter China, Strengthen Economic Ties
How Noncompete Agreements and Corporate Surveillance Are Crushing China’s Tech Workers
Communist China Heads Down a Road of Isolation and Impoverishment
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Production Delays, Disarray in Boeing Factory Prior to Door Plug Near Tragedy, WSJ Reports
Japan Reverses Course, Increases Interest Rates for First Time in 17 Years
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Record Number of Ships Stuck at Long Beach and Los Angeles Ports Waiting to Unload
Together, the ports of Los Angeles and Long Beach are the leading seaborne gateway for international...
U.S. sanctions are crippling Huawei’s consumer business.
Huawei Expects Losses Up To $40 Billion in Smartphone Revenues
Chinese company Huawei is expected to see revenues from its smartphone business drop by $30-$40 billion...
Meat Prices in the US Outpace Inflation Amidst Continuing Pandemic Woes
The cost of meat at America’s butchers continues to rise as the coronavirus pandemic wreaks havoc on...
Justice Department Probing $14.7-Billion Zoom-Five9 Deal
The U.S. Justice Department is investigating a deal by Zoom Video Communications to buy customer-service...
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China Bans Cryptocurrency Mining and Transactions, Bitcoin Falls
China has banned all kinds of cryptocurrency transactions, and pledged to put an end to the mining of...
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British Defence Contractors Stand to Benefit From AUKUS Pact
The AUKUS announcement on 15 September preceded the news that BAE Systems PLc, the UK’s largest defence...
S&P Ratings Warn Evergrande Might Not Receive Support From Beijing, Worrying Investors
S&P Global Ratings has warned that Chinese real estate company, China Evergrande, which is currently...
Evergrande Fails to Pay $83.5-Million Interest Payment
Chinese real estate giant, Evergrande, has failed to pay off its interest payments due on Sept. 23, deepening...
Last-minute Debt Deal Keeps Evergrande Afloat, but Crisis Is Far From Over
The Evergrande Group has struck a last minute deal to avoid defaulting on a bond payment worth an estimated...