China News Updates

Government, Business, Logistics

China Prepares Retaliatory Tariffs as Chief Negotiator Heads to US

China鈥檚 top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

May 7, 2019
Government, Business, Logistics

Trump鈥檚 Tariffs on Chinese Electric Cars Seen Likely to Last

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country鈥檚 auto market.

May 7, 2019
Government, Business

Treasury Secretary Steven Mnuchin Calls Latest Round of China Trade Talks 鈥楶roductive鈥

The latest round of U.S.-China talks wrapped up in Beijing on May 1, with U.S. Treasury Secretary Steven Mnuchin calling the meetings 鈥減roductive鈥 in a tweet.

May 1, 2019
Business, Technology

US Trails in Lithium Mining for EV Batteries

The U.S. push to challenge China鈥檚 dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere.

April 30, 2019
Government, Business, Technology, Logistics

Shanghai Tesla Factory Key to CEO Elon Musk鈥檚 Ambitions

Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world鈥檚 largest electric car market.

April 29, 2019
Business, Technology, Logistics

Amazon Is Said to Prepare Closing of Chinese E-Commerce Store

Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.

April 17, 2019
Government, Business, Logistics

As Trade War Simmers, US Soybean Shipments Hit One-Year Low

Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.

April 15, 2019
Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says US Open to Facing Penalties in China Trade Deal

The United States is open to facing 鈥渞epercussions鈥 if it doesn鈥檛 live up to its commitments in a potential trade deal with China, Treasury Secretary Steven Mnuchin said, in a sign that the two sides are edging closer to an accord.

April 15, 2019
Government, Business

US Hails Progress in China Talks Amid Push to Close the Deal

President Donald Trump鈥檚 top economic adviser touted progress in high-level talks with China, but cautioned that a final deal to end the trade war remains elusive as negotiations resumed in Washington.

April 3, 2019
Government, Business, Logistics

China Extends Suspension of Tariffs on US Autos

The Chinese government said it will extend a suspension of retaliatory tariffs on U.S. autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week.

April 1, 2019