What had been one of the busiest times of the year is a reminder of the devastating impact of the U.S.-China trade war and of the need to refocus on domestic Chinatowns and new Asian markets.
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Posted inBusiness
Canadian envoy hopes Huawei executive is released
Meng Wanzhou is wanted on fraud charges that she misled banks about the company’s business dealings in Iran.
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Apple to ease hiring amid slumping iPhone sales
After missing its revenue forecast during the holidays, the tech giant plans to step off the gas in some divisions.
Posted inBusiness, Nation & World
Trade war’s wounded: Companies improvise to bandage financial impact
Tariffs are adding costs, causing hardships and raising uncertainty for many U.S. businesses.
Posted inNation & World, News
Kim visited China as part of preparations for meeting with Trump
Media reports say the North Korean leader is committed to setting up a second summit with the U.S. president to “achieve results” on the nuclear standoff on the Korean Peninsula.
Posted inBusiness, Nation & World, News
Progress unclear after 3 days of U.S.-China trade talks conclude
But the negotiations take an optimistic tone after talks on the tariffs dispute were extended a day.
Posted inBusiness, Life & Culture, Nation & World, News
Apple woes could signal bust in smartphone market
Falling interest in China underscores the tech giant’s dilemma: Most everyone who will buy a phone already has.
Posted inBusiness
Tax system reforms rattle China’s super-rich
The changes mean more government revenue will come from the wealthy as the masses pay lower levies in 2019.
Posted inBusiness, Nation & World
U.S. silent as China tries to ease trade tensions in advance of new talks
Beijing’s pledges to open up its economy fall well short of Trump’s demands on alleged forced transfers of technology and theft of intellectual property, analysts say.
Posted inBusiness, Nation & World, News
Chinese billionaire Liu won’t face rape charge
The founder of the Beijing-based e-commerce site JD.com was arrested on Aug. 31 in Minneapolis.