The latest pronouncements of US duties advice created confusion between investors and Wall Street. The situation seems dynamic and constantly evolving. The duties in force, at the moment, are 25 % in steel and aluminum of historical partners such as the European Union, Canada, Mexico, Japan and South Korea. 25 % remain in cars and […]
Tag: China
Duties, exporters of China circumvent US rates through third countries: alarm for the “washing” of origin
Chinese exporters try to escape the duties imposed by Trump selling their products to the US through third countries to hide their true origin and thus avoid paying record fees. It is, explains the Financial Times, of a technique of “washing” that, however, is alarming the neighboring countries for the influx of Beijing goods, as […]
Trump applied high tasks. Canada, Mexico and China respond
US President Donald Trump has signed a regulation that imposed tasks for the import of goods from Canada, Mexico and China. The authorities of Canada and Mexico have already announced retribution, while China – a complaint to the World Trade Organization. On Saturday, Trump ordered 25 % tasks on import from Canada and Mexico and […]
Sino-Western economic sins
Agnieszka Couderq | China’s problems, which would lead to the country’s collapse, are also happening in the West. If China were to collapse soon, it would not fall into the abyss on its own. In a recent article on the Epoch Times website for Hong Kong, American journalist James Gorrie listed seven sins of the […]
China: The world’s largest gold deposit has been discovered
A gold deposit worth $80 billion was discovered in central China. This is the largest deposit of this metal discovered in the world to date. The largest known gold deposits in the world have been discovered in Hunan province in central China. Its value is estimated at more than $80 billion. The deposit could contain […]
Three countries in Trump’s sights. “I will sign all necessary documents”
Newly elected US President Donald Trump announced the introduction of high tariffs on products from Canada, Mexico and China. Trump, who takes office on January 20, 2025, has said he will impose a 25 percent tariff on imports from Canada and Mexico until both countries begin reducing drug supplies, especially fentanyl, and the number of […]
China says Bitcoin is not illegal and executives expect the Chinese market to return within two years
A text published in WeChata famous Chinese social network, emphasized last Monday (18) that the China’s Supreme Court Classified Cryptocurrencies Like Bitcoin as a “Commodity”that is, a commodity such as gold, oil and corn. The case in question concerns the dispute between two companies that jointly planned to launch their own token in 2017, but […]
The Chinese admitted to damaging the gas pipeline in the East Sea
China admitted that the Newnew Polar Bear ship damaged the Balticconnector gas pipeline, which connects Estonia and Finland. The explosion on the Balticconnector gas pipeline in October 2023 was caused by a Chinese ship, according to a report from China sent to law enforcement agencies in Finland and Estonia, the South China Morning Post reports, […]
China has acquired a record amount of natural resources from Russia
Russia continues to increase its supply of raw materials to China. In the first half of the year, 90 percent of exports were natural resources. This is evident from data from the Chinese customs services, quoted by the Russian economic daily Vedomosti, in the period from January to June this year. From the Russian Federation, […]
China warns citizens mining cryptocurrencies in Angola
The Chinese Embassy has issued a warning to Chinese people living in Angola, reminding them that they could be arrested for mining cryptocurrencies in the African country. The statement comes days after Angola banned mining activities. According to the statement, miners could face a prison sentence of one to five years, in addition to the […]