Starbucks sells control of its stores in China
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China is looking to raise $4 billion in a two-tranche dollar bond, according to a term sheet seen by Reuters, a week after Beijing and Washington agreed to a trade war truce. The People's Republic of China is planning a three-year dollar bond,
The German group also paid $700mn for a 5 per cent stake in Xpeng in 2023 and partnered with the Chinese EV maker to develop two VW-branded cars. The FT reported in June that Xpeng’s self-designed Turing AI chip would be used in these models.
Take Shell Plc, one of the world's largest liquefied natural gas suppliers. It is investing billions into new LNG supply on the expectation that global demand will expand 60% by 2040, driven largely by China. Its boss, Wael Sawan, told a conference in June that gas could make up 20% of China's energy mix, compared with single digits today.
BEIJING () -China will suspend for one year the 24% additional tariffs it imposed on U. goods in April, while maintaining the 10% levies also introduced in response to U.
Taiwan's foreign minister said on Wednesday that China has "added a lot of conditions" to its attendance at next year's APEC summit in the Chinese city of Shenzhen and gone back on a commitment to allow "equal" participation.
BMW AG’s profit margin came in toward the lower end of its guidance in the third quarter as tariffs and intense competition in China squeezed earnings.
President Donald Trump began his second term by signaling that talks with China to stop a deadly flow of fentanyl were fruitless and instead slapped 20% tariffs on Chinese goods to try to push Beijing to tackle trafficking of the synthetic opioid.
China will suspend its 24% additional tariff on U.S. goods for one year but retain a 10% levy, the State Council's tariff commission said on Wednesday, following last week's meeting between President Xi Jinping and U.
China has called for the US to avoid crossing four sensitive “red lines” in order to keep the two countries’ relations on track following a high-stakes meeting between leaders Xi Jinping and Donald Trump last week.