Restricting EV and battery imports from China not only threatens the pace of road transport decarbonisation in these major markets, but higher tariffs could also negatively impact domestic automakers. I asked Max Reid, Principal Analyst, Battery Supply Chain, for his thoughts. How did China come...
In Ukraine, the United States did everything it could to bring about this conflict, and now it's doing everything it can to keep the conflict going -- to "fight Russia to the last Ukrainian." China, in coordination with Brazil, the African Union and others, is leading efforts to find ...
Malachy Clerkin: Goodbye to Eurosport, the sport-watcher’s faithful, conscientious, put-upon friend US to move on tariffs on China, Canada and Mexico and threatens EU The Movie Quiz: Stars from which TV series are going head-to-head for an Oscar? Dervish Present the Great Irish Son...
6. While visiting China, US Treasury Secretary Janet Yellen said that she would not rule out potential tariffs on China’s green energy exports, including products like solar panels and electric vehicles. (CNBC) Lost in translation Hong Kong’s food delivery scene used to be split between the...
It’s commonly believed that the US-China trade conflict, featuring punitive US tariffs on China-made goods, has triggered a bailout of Taiwanese companies from the mainland. But look closely. Local executives tell us that the tariff issue provides a handy cover story for companies already poise...
Sun Yat-sen, the chief architect of modern China’s efforts to overthrow the Qing dynasty in the early 1900s, once said, “The Chinese are like a batch of loose sand,” (meaning the Chinese did not work together). Although not perfect, China’s several millennia-long governance systems ...
Why and How China Works Preface Over the years, perspectives on China have run the gamut from predicting “the coming collapse of China” to expecting that “the twenty-first century will be the Chinese Century.” And we’ve heard every perspective in between. Despite its many ups and downs...
Why did China act so confidently early in the trade war, but is now unable to reply dollar-for-dollar to the new $200B of tariffs because it imports only $137B from the US? Did they really expect to b What is currency depreciation? Why does China do it, and why w...
Tariffs A tariff is a tax imposed by one country on the goods and servicesimportedfrom another country. The purpose is to encourage domestic purchases by increasing the price of goods and services imported from other countries. There are two main types of tariffs: fixed fee tariffs, which are...
Some point to former President Richard Nixon's policies, which may have led to the recession of 1970—a possible precursor to other periods of stagflation. Nixon put tariffs on imports and froze wages and prices for 90 days in an attempt to prevent prices from rising.9Once the controls were...