European Union Chamber of Commerce

China’s stimulus offers shot in the arm for global firms amid consumption, capital boost

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China’s stimulus offers shot in the arm for global firms amid consumption, capital boost

Major foreign investors in China have seen a tentative uptick in consumer spending, easier access to capital and an opening for deeper change after China’s wave of economic stimulus over the past month, overseas business organisations said. Some American retailers found Chinese customers spent more, while they also anticipated that it would be easier to … Read more

China steels itself for new front in trade war after US proposes tariffs on metals

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China steels itself for new front in trade war after US proposes tariffs on metals

The US Trade Representative’s (USTR) office also initiated a probe into China’s maritime, logistics and shipbuilding industries, alleging that Beijing used “unfair, non-market policies and practices” to dominate these sectors. Henry Gao, a law professor at Singapore Management University, said he would not be surprised if China imposes countermeasures against the proposed tariffs through countervailing … Read more