It’s the end of summer, and the last week has been, relatively speaking, something of a lull. But not a lull in normal terms. The trade war with the United States appeared to be moving towards more serious territory, and although no one can predict what Trump’s next tweet might be, there is a sense […]
Category: Consumer
DATA PROTECTION
US President Donald Trump is considering imposing another round of tariffs on $200 billion of Chinese imports as soon as the public comment period ends next week, six sources told Bloomberg News. If they are applied, the 25% tariffs on $200 billion worth of goods would mark a significant escalation of the trade war between […]
China’s State Council has announced tax cuts that will reduce businesses’ costs by around $6.6 billion this year as Beijing looks to support the economy and offset the impact of the trade war with the United States, Reuters reports. “Cutting taxes and reducing costs are a key initiatives in implementing active fiscal policy and ensuring […]
Chinese electric car startup Nio Inc has encountered skepticism from US investors as it kicks off its financial roadshow aimed at attracting support ahead of its upcoming initial public offering in New York, Caixin reports. Nio told the US Securities and Exchange Commission on Tuesday that it aimed to raise a maximum of $1.5 billion […]