China Economic ReviewThe Hong Kong stock market dropped sharply on Monday, closing at 2.12% down, following the US and Israel military strikes on Iran. Stocks in Chinese airlines dropped sharply, with China Eastern Airlines down at 8.11%. Chinese investors, like investors everywhere, are trying to calculate the impact of the conflict on the market. For China, several […]
China will order up to 120 additional aircraft from European aviation giant Airbus, reports Bloomberg, quoting German Chancellor Friedrich Merz as he travelled to Beijing to deepen ties between the two countries. “The Chinese leadership will be ordering a larger number of additional aircraft from Airbus. The total order will include up to 120 additional aircraft,” […]
The US International Trade Commission said on Thursday it would investigate the economic impact of revoking China’s permanent normal trade status over a six-year period, reports Reuters. The move would likely increase tariffs on Chinese imports. The USITC, which studies trade and competitiveness matters and rules on anti-dumping and anti-subsidy trade cases, said its report would focus on […]
Panamanian officials have searched the offices tied to the Panama Ports Company, the local unit of Hong Kong conglomerate CK Hutchison, reports Reuters, citing local news sources. CK Hutchison and Panamanian authorities did not immediately respond to a request for comment. A judicial official interviewed on a local television station confirmed a search had taken place, but […]
The German chancellor followed a string of other leaders to Beijing this week and had meetings which included all the usual expected topics but did little more than hint at the basic problems lying beneath the relationships. Something has to be done about trade imbalances, we want to take relations to a new level… This […]