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CHINA EXCESS CAPACITY
US to factor trade-deal tariff caps into new duties on excess capacityUS Trade Representative Jamieson Greer emphasized the administration's focus on tariff caps during ongoing investigations. Excess industria...- US and China release reciprocal $30 billion product lists for tariff cuts after Trump-Xi meetingThe United States and China have released lists of products for tariff reductions to boost bilateral trade. The agreement includes around 1...
- From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
- US, China seek to steady ties ahead of Trump-Xi summitChina's top trade negotiator, Li Chenggang, said the talks were held in a "good atmosphere" as he left JPMorgan Chase & Co.'s headquarters ...
- US, China open final trade talks in New York to keep tariff truce alive ahead of Trump-Xi summitUS Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng will meet Sunday in New York. They will discuss trade and other pres...
- Xi's coming to America: US won't announce new tariffs until leaders meet next weekUS and Chinese negotiators are set to meet over the weekend to discuss any agreements ahead of Xi's state visit. The trip would be Xi's fir...
- Trump may hold off on new capacity tariffs as Xi meeting draws closer: ReportThe United States is expected to postpone announcing new tariffs targeting what it considers excess manufacturing capacity among trading pa...
- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
- Food Fables – How Turkey shows that Indian tea’s future might be blackIndia’s tea industry is facing slow domestic growth, but the article argues that the answer may lie in changing how Indians drink tea. Whil...
- World’s biggest handshake at BRICS: Can it shake the world order?Modi, Xi and Putin’s BRICS meeting carries symbolic weight, but its impact will depend on deliverables. An expanded, divided BRICS faces in...
- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
- China-US spat at G20 largely came down to dispute over one wordA G20 finance meeting saw US and Chinese officials disagree over trade language. The core dispute centered on the phrase "non-market" polic...
- Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...
- View: Leveraging monetary policy for India’s youthQ1 GDP: The release of the latest data coincided with the significant assertion at the SCO meet, of India’s vision of ‘transforming shared ...
- Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
- Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
- US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
- China’s bold bet on green hydrogen could determine fuel’s futureChina is making a substantial investment in green hydrogen technology. This ambitious plan aims to significantly increase operational capac...
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