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updated Tue. June 25, 2024

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Still, Walmart missed out on China's e-commerce boom, and it does not want to make the same mistake with India — especially with its rival Amazon already a strong player there. Only about 2 percent of India's retail sales are online now, but tens of millions of Indians are getting onto the internet every year ...
In its self-initiated investigation, the Department of Commerce has preliminarily determined that countervailing duties (CVD) should be assessed for imports of aluminum sheet from China to counteract Chinese government subsidies. Commerce calculated a 31.20 percent CVD rate for Chinese respondent ...

China's growing outbound tourism market was one of the biggest travel stories in the last decade. As disposable incomes rose, Chinese residents chose more outbound destinations over domestic trips for their holidays. The Chinese government also entered into agreements with other nations to make it ...
The OHS satellites — China's first commercial hyperspectral satellites in orbit — have a resolution of 10 meters and can complete global coverage in around five days. Zhuhai Orbita Aerospace Science and Technology Co Ltd is based in the southern Chinese city of Shenzhen and is aiming to establish a ...
Chinese e-commerce retailer JD.com said Wednesday it is committing to Best Aquaculture Practices (BAP). It plans to ensure that more than 80 percent of its private label farmed seafood offerings be at least two-star BAP certified by 2020.
The Chinese e-commerce giant Alibaba has agreed to step up investments in Thailand as competition between online retailers heats up in fast-growing ... one to help set up a "smart digital hub" in a showcase project called the Eastern Economic Corridor, to facilitate trade between Thailand, China, Laos, ...

Chinese leaders tout their trillion-dollar Belt and Road project, especially in the Indian Ocean, as a win-win commercial proposition meant to bring modern ... “The trends across the ports we looked at seem to indicate that China is not upholding a 'win-win' idea, but is pursuing an ulterior motive,” says Devin ...
A potential trade war has been brewing since April 2017 when Trump directed the Commerce Department to investigate whether imports of foreign steel from China and other countries ... This escalated to the point that Trump ultimately threatened to impose new tariffs on $150 billion of Chinese goods.
The nearly-$84 billion deal between West Virginia and China's largest energy company, China Energy, was announced last November. Since then, few details have emerged since Thrasher and China Energy President Ling Wen signed a memorandum of understanding in Beijing as part of the US-China ...
One of China's biggest tech companies will no longer be able to buy components from the U.S. The Commerce Department banned China's ZTE, which makes smartphones and other products, from buying US parts because the Department says the company did not punish employees who violated U.S. ...
The U.S. Commerce Department said on Tuesday it has made a preliminary determination that aluminum sheet imports from China are being subsidized. The Commerce Department calculated preliminary subsidy margins ranging from 31.20 to 113.30 percent of the value of the imported common alloy ...
If the U.S. goes through with an additional $100 billion in tariffs, China will not hesitate to fight back and is already prepared to, a Ministry of Commerce representative said. "We will immediately fight back with a major response," the representative said during a Chinese-language briefing with reporters ...
Chinese investment in U.S. commercial real estate is falling, an ominous sign for landlords with buildings to sell. ... Buyers from China helped propel real estate values to records following the recession, with deals such as the 2015 purchase of Manhattan's Waldorf Astoria by Anbang Insurance Group Co.
Five years ago in China, parcel delivery via drone seemed like something you'd see in a sci-fi movie, not real life. Now it's a government-licensed service .... Regardless, Chinese firms are rushing to offer deliveries via drone, driven in part by China's e-commerce boom. Given the nation's size and uneven ...
Chinese e-tailer Secoo is broadening its definition of luxury in hopes of standing out in the competitive high-end e-commerce sector in China. At the upcoming Shanghai Fashion Week, which takes place this season from March 28 to April 3, Secoo is collaborating with organizers the Shanghai Textile Group ...
Her appointment followed Alibaba's investment of an additional US$2 billion in Singapore-based Lazada, in which the Chinese e-commerce giant had previously poured US$2 billion to take an 83 per cent shareholding. Alibaba did not reveal its current stake. For the 45-year-old Peng, who also serves as ...
"I think China knows they don't want to have a trade war with us. So I think it's a very moderated response. Probably an appropriate response from their point of view," the billionaire trade mogul told host Maria Bartiromo on Fox Business Network's "Mornings with Maria." Ross said the tariffs, levied by China ...

Regarding trade with China, the volume tripled from 2000 to 2017, growing from 5.5 percent to 15.3, reaching 573 billion euros last year. ... reduced their trade volume in the most recent 15 years, while Turkey and Switzerland maintained their level of commercial activity with the EU during this period.
These great trade routes will ultimately be defended by an expanded Chinese military that is “built to fight,” “able to win wars,” and “world-class”[5] in both size and technological prowess. China's military strategists envision an “arc-shaped strategic zone that covers the Western Pacific Ocean and Northern ...
Meanwhile, China Telecom had announced plans to conduct commercial trials of 5G technology in 2019. The telco said it will carry out network field trials in six Chinese cities. In December 2017, the telco said it has deployed a new 5G base station in Lanzhou, in China's Gansu province, expanding its pilot ...
According to Bloomberg, China's Ministry of Commerce, which has jurisdiction over the Qualcomm-NXP decision, is under heavy pressure to increase ... In early 2015, Qualcomm signed an agreement with Chinese antitrust regulators to pay a $975 million fine and also to lower royalty rates for local ...
The Commerce Ministry said those charges were linked to Trump's approval earlier of higher tariffs on steel and aluminum imports. But a bigger battle is brewing over Trump's approval Thursday of a possible tariff hike on $30 billion of Chinese goods in response to what Washington says is Beijing's ...
Chinese companies are set to boost Southeast Asia's e-commerce market: Credit Suisse ... Will China's tech dragons wake the hidden tigers of ASEAN? ... Chinese companies are entering the e-commerce market in the Southeast Asian region in a big way, but the heavily fragmented region poses a ...
And Chinese consumers aren't just buying Chinese products from Chinese websites. Also, cross-border e-commerce is experiencing explosive growth, powered by Chinese consumers' desire for lower prices and higher-quality products. Cross-border e-commerce is projected to account for 9.2 percent of ...
Fishing firm Pingtan Marine Enterprise plans to launch more products on Chinese e-commerce giant JD.com in the future, after reporting a drop in fourth quarter profit, but a surge back into the black for its 2017 financial year. For Q4, revenue was $16.4 million, up 24% year-on-year, with gross profit of ...
WASHINGTON—How much pain would Boeing feel if China decides to target U.S.-made aircraft in retaliation for President Donald Trump's tariffs on aluminum and steel? A lot. During the last five years, one of every four commercial jets made by Boeing went to a buyer in China, supporting tens of ...
American farmers are bracing for possible trade retaliation from China for Trump's tariffs on steel and aluminum. China could cut back on ... Last month, a trade official in China's commerce ministry threatened that it would retaliate against possible tariffs and called any such levy foolish. "The spectrum of ...
There are growing calls for a global coalition of U.S. allies to pressure China to change some of its most egregious commercial practices. That makes some sense, even if it is much easier said than done. It is relatively simply to get agreement that China should change many of its policies. But China doesn't ...
Chinese e-commerce and technology giant Alibaba Group is planning for a stock listing in China, The Wall Street Journal reported Thursday, citing sources familiar with the matter. Shares of New York-traded Alibaba rose more than 3 percent Thursday morning Eastern time. "Since our IPO in the US, we ...
JD.com, China's second-largest e-commerce platform, is planning to bring technologies such as unstaffed stores and drone delivery services to Hong ... is also targeting Hong Kong's fashion brands as the next group of merchants it wants to bring onto the platform to connect to mainland Chinese buyers.
The tariffs are considered to be targeted at China due to the country's production of global surpluses of steel. China's metals industry has urged the government to retaliate against the tariffs, but Chinese steel accounts for only a small part of U.S. steel imports. Trump has long ripped into China, saying on the ...
New Delhi experts see Chinese companies investing in assets ranging from airports to the Bangladesh stock exchange as Beijing's trojan horses. "They essentially work at the behest of the state and all of their investments are actually not commercial investments but strategic investments and they are ...
Hong Kong (CNN) Concerns in Washington are growing amid reports that China is poised to gain control of a major commercial port on the Horn of ... Thomas Waldhauser, the US' top military commander in Africa, said Chinese control of the port could result in restrictions on its use, potentially cutting off ...
Today, U.S. Secretary of Commerce Wilbur Ross announced the affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of forged steel fittings from China, finding that exporters in China received countervailable subsidies equal to 13.79 percent. The Commerce ...
Tracking Chinese purchasing behaviors can be problematic for marketers, as they don't know which channel actually motivated the final purchase, and social e-commerce complicate the journey even more. Thus marketers need to develop a general awareness of what specific sites contribute in terms of ...
China's banking regulator has ordered shareholders that have acquired more than 5 per cent stakes in commercial banks through the use of financial products like insurance and asset management schemes to reduce their holdings within a year. The regulation, dated February 2 but made public late on ...
Chinese investment in U.S. commercial real estate fell roughly 65 percent to $5.5 billion in 2017 from approximately $16.1 billion the previous year, according to a January 2018 report from Los Angeles-based asset manager TCW Group. This has put some of China's highest-profile U.S. trophy assets, held ...
Last December, clandestine teams of Chinese executives began showing up at airports across Europe, probing the facilities that they visited for strengths and weaknesses. ... Rather, the covert investigators were representatives of China's largest e-commerce companies, such as Alibaba and JD.com.
The wider adoption of products offered by Alibaba, however, means the largest player in China's hypermarket industry -- which, as of the end of December, owned 461 complexes in more than 200 Chinese cities -- will significantly reduce collaborations with the e-commerce conglomerate's key rivals, ...
Last year, China was the 11th biggest steel exporter to the U.S., according to the Department of Commerce's International Trade Administration. China has ... Boeing and European rival Airbus may soon be facing a rival from the Commercial Aircraft Corp. of China in the form of that country's C919 jet. Its first ...
Thousands of China's elite are meeting in Beijing as the National People's Congress (NPC), a rubber-stamp parliament, and the Chinese People's Political ... Many delegates to both the CPPCC and NPC, which have about 2,000 and 3,000 members respectively, are China's commerce titans who join the ...
Trump's tariffs are meant to curb steel and aluminum "dumping," or keeping costs artificially low to stifle foreign competition, by other countries. A top target is China, which has been producing and exporting cheap steel to the United States for years. U.S. steel companies say Chinese dumping has hurt the ...
The Chinese e-commerce company JD.com is turning to blockchain technology to keep customers in the loop about where their meat has been. JD, Wal-Mart's partner in China and a huge competitor to Alibaba, said customers will be able to track "each piece" of beef "right back to the farm in Australia where it was produced ...
They point to scarce progress China has made opening up sectors like financial services to foreign players, Chinese industrial policies that favor ... China's Commerce Ministry shot back late Friday, saying Trump's plan would “seriously damage multilateral trade mechanisms represented by the World Trade ...
While not immediately offering a specific response on what it would do, the Chinese Commerce Ministry statement said: "The Chinese side expresses grave concern." The ministry said Beijing has satisfied its trade obligations and appealed to Washington to settle disputes through negotiation. Beijing faces ...
China's saturated urban e-commerce market has created intense competitive pressure between JD.com and rival Alibaba. ... $863 million in leading online fashion retailer Vipshop, which took a hit ahead of Singles' Day when roughly 100 leading Chinese fashion brands exited to join Alibabas platform.
The United States Department of Commerce announced on Tuesday that its investigations into charges of dumping of aluminum foil by the People's Republic of China have determined that Beijing has indeed unfairly subsidized aluminium foil manufacturers, leading to the sale of the product at discounts of ...
China has expressed "strong dissatisfaction" with the United States imposing anti-dumping and countervailing duties on Chinese aluminum foil, the Ministry of Commerce (MOFCOM) said on Wednesday. The U.S. Commerce Department has made the wrong decision of levying high duties "without any ...
In the AD investigation, the Commerce Department will determine whether imports of cast iron soil pipe from China are being dumped in the US market at less than fair value. In the CVD investigation, the Commerce Department will determine whether Chinese producers of cast iron soil pipe are receiving ...
“China has about over 700 million Internet users, and 91% are smartphone users – that's why most of the e-commerce sales for example, during Singles Day, over 90% are mobile,” said Kestrel Lee, principal analyst for Greater China at Econsultancy, while discussing these and other findings during a ...


 

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