Donald Trump was holding a rally at the J.S. Dorton Arena in Raleigh, North Carolina, where he confidently declared who he would call first once he reclaims the White House after the November 5 elections. Amid a crowd that barely filled a fraction of the 7,500 seats, Trump didn’t hold back on his trademark tough…
According to people involved in policy discussions, that is wishful thinking: A bazooka isn’t coming—at least not this year. Hopes rose for bolder stimulus action when a key Chinese legislative session was postponed until this week. Some investors and analysts viewed it as a sign that Chinese leader Xi Jinping was waiting for U.S. election…
If Donald Trump wins next week’s election and returns to the Oval Office in January, it will have direct consequences for U.S. business and the economy—and by extension for individual Americans’ stock portfolio. This means it’s a good time for investors to assess their holdings and to consider what sectors might thrive or suffer under…
A trade war between China and the European Union was set to intensify after Beijing said it had lodged a complaint with the World Trade Organization following a move by the European Union to hike tariffs on Chinese-made electric vehicles. China’s commerce ministry on Wednesday said in a statement that it “does not agree with…
By Toby Sterling AMSTERDAM (Reuters) – Lighting maker Signify is considering moving some of its production out of China if the company is confronted with a new round of U.S. tariffs, its chief executive said on Friday. Signify, the world’s biggest maker of lights, is looking at production sites in India, Indonesia and changing existing…
STORY: Donald Trump isn’t about to change course on economic policies – including a pledge to hit many imports with big tariffs. “It’s going to have a massive effect, positive effect. It’s going to be a positive.” The Republican presidential candidate was grilled Tuesday night in Chicago by Bloomberg Editor-in-Chief John Micklethwait. And it was…
STORY: The Paris auto show kicked off Monday (October 14), with tensions over tariffs on China-made electric vehicles a big focus. The event is the largest car show in Europe and comes at a pivotal time. Struggling European automakers need to prove they can still compete. While Chinese rivals aim to get a foothold in…
Paris — Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is among China’s largest automakers and is targeting 500,000 overseas sales by 2030. It…
Encouraging Chinese companies to set up joint ventures abroad may be Beijing’s only way out of its trade imbalances with Western countries, according to a Chinese foreign trade expert. Speaking at a round table event in Beijing on Friday, Huo Jianguo, former head of a think tank under China’s Ministry of Commerce, told representatives of…
The presidential race between Donald Trump and Kamala Harris comes at a time of rising geopolitical tensions on multiple fronts. In the first of an in-depth series, Jane Cai takes a look at what lies ahead for the hi-tech rivalry between China and the US. Washington and Beijing’s hi-tech rivalry is expected to continue and…