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Top StoriesChina will work with US, government says, but more rivalry expected under trump
InvestingSouth Africa and britain to strengthen trade and defence ties
BusinessChina EV price deal needs be as effective as tariffs, says EU official
TechnologyExclusive-China tells carmakers to pause investment in EU countries backing EV tariffs, sources say
Stellantis CEO: Electric vehicle tariffs are a trap
Date: May 22, 2024
Stellantis CEO: electric vehicle tariffs are a trap By Joseph White and Christoph Steitz MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, the group’s Chief Executive Carlos Tavares said on Wednesday. The comments in an...
EU extends trade guide on Chinese distortions to new sectors
Date: April 10, 2024
EU extends trade guide on Chinese distortions to new sectors By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, adding new sectors and potentially opening the door to anti-dumping complaints from EU chip and clean-tech producers. The update, published on Wednesday and stretching to...
Exclusive-EU investigators to inspect china’s BYD, geely and SAIC in EV probe – source
Date: January 12, 2024
Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said. The inspectors...
Kenya, EU advance economic partnership agreement to boost trade
Date: December 18, 2023
Kenya, EU advance economic partnership agreement to boost trade NAIROBI (Reuters) – Kenya and the European Union moved closer to sealing an Economic Partnership Agreement that will grant the East African nation’s exports duty-free status and unlimited access to the bloc, officials said on Monday. Both sides had initialled a draft deal in June after...
Britain to launch south Korea trade talks as president visits
Date: November 21, 2023
Britain to launch South Korea trade talks as president visits By Alistair Smout LONDON (Reuters) -Britain rolled out the red carpet for South Korea’s president on Tuesday at the start of a state visit intended to deepen diplomatic and business ties between the two countries as they launch talks on a new free trade agreement....
Citi CEO fraser touts ‘clear benefits’ of diversifying supply chains
Date: November 16, 2023
Citi CEO Fraser touts ‘clear benefits’ of diversifying supply chains (Reuters) – Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their supply chains, and the increased focus on diversification is leading to “clear benefits”, Citigroup CEO Jane Fraser said on Thursday. Since the COVID-19 pandemic and Russia’s invasion of Ukraine shattered...