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Tag: china imports

How China Could Ruin 2019 For Apple, Tesla, Boeing

It was 27 years ago when Deng Xiaoping observed that “Saudi Arabia has oil; China has rare earths.” Talk about a prescient observation. In the early 1990s, China’s then-supreme leader had zero inkling of the iPhones, Tesla cars, drones, robots and high-tech fighter jets…

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Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P

Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U.S. and China would…

China Offers Special Breaks To Attract Taiwanese Startups, But Only 1% Find Success

Hung Hsiu-chu (brown coat), former head of Taiwan’s Nationalist Party, and her delegation visit Vstartup, a startup group, in Beijing in 2016. (Photo: VCG/VCG via Getty Images) Taiwan’s government says many of the island’s young entrepreneurs are ready to seek their fortunes in China…

Job Cuts And No More Snacks: China’s Internet Companies Brace For Slowest Growth In Years

Peolple walk past a sign for Chinese ride-hailing service Didi Chuxing (AP Photo/Mark Schiefelbein) Job losses and other cost-cutting measures are beginning to emerge from China’s once unbeatable internet sector. Games operator NetEase, ride-sharing giant Didi Chuxing and e-commerce firm JD.com are reportedly cutting…

China Stops Buying U.S. Oil, Two Months After Record Total – Ken Roberts

China has turned off the U.S. oil spigot. A response to the full-on trade war between the United States and China, it is a both a stunning turn-around, coming just two months after record exports there, and a stark reminder of the difference between…

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