BRIEF: Shein hikes U.S. prices as much as 377%
Fast-fashion giant Shein has sharply increased its prices in the U.S., with the cost for some items surging by as much as 377%, ahead of new tariffs on small parcels,…
BRIEF: TSMC’s profit jumps in first quarter, unaffected by tariff impact
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM.US; 2330.TW) reported on Thursday its revenue reached T$839.25 billion ($25.53 billion) in the first quarter, up 35.3% year-on-year. Its net profit rose for the…
WuXi group wrestles with uncertainty over pharma tariffs
Drugs services giant WuXi AppTec cashed in a stake in Wuxi XDC to soften the blow from a first round of Trump tariffs, as the pharma sector braces for another…
BYD drives ahead on European journey, undeterred by new tariffs
China’s leading EV maker unveiled plans to bring its cars to Germany, even as talks between China and the EU to head off European EV tariffs remain deadlocked Key Takeaways:…
PODCAST: Tax on Temu, and EVs Outpower Gas Cars
The US closes a loophole that allowed Temu and Shein to import goods duty-free. How will this impact their sales? And sales of Chinese EVs passed gas-powered cars for a second straight month in August. Has the EV era finally arrived?
PODCAST: EU EV Tariffs, and Lenovo’s Middle East Tie-Up
The EU slaps Chinese EVs with tariffs of up to 38%. How will China respond? And Lenovo enters a major new partnership with Saudi Arabia's sovereign wealth fund. What's driving this alliance?
PODCAST: New US Tariffs, and China Becomes a Homebuyer
The U.S. raises tariffs on Chinese EVs to 100% from 25%. Will China retaliate? And China announces plans to buy up homes to boost its sagging property market. But will local governments go along with the pricey plan?