2 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

44 h. ago Labubu sells for $150,000 in Beijing: How China's craze for the doll grows

Labubu sells for $150,000 in Beijing: How China's craze for the doll grows  Firstpost

Politics

6 d. ago Trump moves to block foreign drone makers from selling new models in US

US President Donald Trump has signed executive orders meant to rebuild America’s drone industry, tighten airspace security and boost military readiness, potentially squeezing Chinese manufacturers like DJI and Autel Robotics out of the market. “Immediate action is needed to ensure American sovereignty over its skies,” Trump stated in one of the orders, warning that foreign-made drones were “endangering the public” and compromising critical infrastructure. The orders also call for federal...

Politics

9 d. ago Nvidia Rises Even As Three China Cloud Titans Rev Up Spending; Is Nvidia A Buy Or Sell Now?

Nvidia Rises Even As Three China Cloud Titans Rev Up Spending; Is Nvidia A Buy Or Sell Now?  Investor's Business Daily

Economics

1 week ago It Appears Chevrolet Will Stop Selling Cars In China — Can’t Compete

It Appears Chevrolet Will Stop Selling Cars In China — Can’t Compete  CleanTechnica

Politics

1 week ago Hard to pivot: why China’s exporters struggle to sell at home despite trade war

Hard to pivot: why China’s exporters struggle to sell at home despite trade war  South China Morning Post

Events

2 w. ago Chip Software Stocks Tumble on Report Trump Orders They Stop Selling to China

Chip Software Stocks Tumble on Report Trump Orders They Stop Selling to China  Investopedia

Politics

2 w. ago Trump Blocks Chip Design Software Firms From Selling In China

Trump Blocks Chip Design Software Firms From Selling In China  Investor's Business Daily

Politics

2 w. ago Trump Orders Chip Designers to Stop Selling to China: Report. Cadence, Synopsys Stocks Tumble.

Trump Orders Chip Designers to Stop Selling to China: Report. Cadence, Synopsys Stocks Tumble.  Barron's

Politics

2 w. ago Trump Tells US Chip Designers To Stop Selling To China: Reports

Trump Tells US Chip Designers To Stop Selling To China: Reports  NDTV

Politics

2 w. ago Trump tells US chip designers to stop selling to China, FT reports

Trump tells US chip designers to stop selling to China, FT reports  Reuters

Politics

2 w. ago Donald Trump orders US chip software suppliers to stop selling to China

Donald Trump orders US chip software suppliers to stop selling to China  Financial Times

Politics

3 w. ago Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC

Swedish health firm jumps 37% on first Bitcoin buy, China EV seller to buy 1K BTC  Cointelegraph

Economics

3 w. ago The Ohio legislation that could force Chinese scientists to sell their US homes

Green card holders testify to packed hearing about ‘foreign adversary’ law that would ban them from property near ‘critical’ infrastructure.

Politics

3 w. ago Ohio legislation could force Chinese scientists to sell their homes in the US

Ohio legislation could force Chinese scientists to sell their homes in the US  South China Morning Post

Politics

3 w. ago China's Xiaomi to start selling YU7 in July, a rival to Tesla's Model Y

China's Xiaomi to start selling YU7 in July, a rival to Tesla's Model Y  Reuters

Politics

3 w. ago China's Xiaomi to start selling SU7 in July, a rival to Tesla's Model Y

China's Xiaomi to start selling SU7 in July, a rival to Tesla's Model Y  Reuters

Politics

3 w. ago Cambodia starts selling durians to China, vying to rival Thailand, Vietnam and Malaysia

The Southeast Asian nation sees juicy opportunities in the vast Chinese durian market, but first it will need to win over picky consumers.

Politics

3 w. ago China to exporters: Can’t sell to the U.S.? Pivot to other markets. But how easy is that?

China to exporters: Can’t sell to the U.S.? Pivot to other markets. But how easy is that?  marketplace.org

Politics

4 w. ago Trump wants Apple to stop India iPhone production, boost US manufacturing amid tariff war

The comments throw a wrench into Apple’s plan to import most of the iPhones it sells in the US from India rather than China.

Politics