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2 weeks ago |
gurutrade.com | Shi Bu |Ellen Zhang |Ryan Woo |Kim Coghill
BEIJING, (Reuters) - China's industrial profits returned to growth in the first quarter, official data showed on Sunday, but are likely to come under further pressure amid a trade war with the United States.
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3 weeks ago |
bilyonaryo.com | Liangping Gao |Ellen Zhang |Casey Hall
SOURCE: Reuters Beijing working to facilitate exporters shift to domestic market Factories complain about price wars, low profits, payment delays China’s economy needs more demand, not more supply, say analysts By Liangping Gao, Ellen Zhang and Casey Hall BEIJING/SHANGHAI, April 24 (Reuters) – Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad and only a tenth of that on domestic sales, making a shift to the local...
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3 weeks ago |
usnews.com | Liangping Gao |Ellen Zhang |Casey Hall
By Liangping Gao, Ellen Zhang and Casey HallBEIJING/SHANGHAI (Reuters) -Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad and only a tenth of that on domestic sales, making a shift to the local market "not viable" for her tariff-hit business.
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4 weeks ago |
ca.finance.yahoo.com | Ellen Zhang |Kevin Krolicki
By Ellen Zhang and Kevin Krolicki GUANGZHOU, China (Reuters) - Bin Zhang is in the business of fun, but his job has become less so because of U.S. President Donald Trump. Zhang, 36, whose company, iFun, has customers all over the world and gets orders ranging from $50,000 to $500,000 for his products - everything that's needed to set up an arcade, play area for kids in a shopping mall or for a trampoline park.
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4 weeks ago |
bilyonaryo.com | Ellen Zhang |Kevin Krolicki
SOURCE: ReutersCanton Fair is first China trade expo held since tariff spikeExporters say U.S. orders frozen, some say survival at stakeChinese firms race to find new markets, assemble goods elsewhereBy Ellen Zhang and Kevin KrolickiGUANGZHOU, China, April 15 (Reuters) – Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished.
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1 month ago |
japantimes.co.jp | Ellen Zhang |Maria Martinez |Maria Martínez |María Martínez |Promit Mukherjee
U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace. Hit by 10% to 50% tariffs on their exports to the world's dominant economic superpower, most lack the firepower to hit back or the political will to slug it out, say government officials, economists and trade experts. This is why the vast majority of trading partners did not immediately retaliate and indicated a readiness to negotiate a face-saving compromise with Trump.
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1 month ago |
taipeitimes.com | Ellen Zhang |Casey Hall
By Ellen Zhang and Casey Hall / Reuters, DONGGUAN, China Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam in July last year to escape higher US tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the rest of the world. “I’ve done all this work for nothing,” Jin said, adding that foreign trade would become a “very thin-margin” business, just like the demand-starved Chinese market.
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1 month ago |
wncy.com | Ellen Zhang |Maria Martinez |Maria Martínez |María Martínez |Promit Mukherjee
By Ellen Zhang, Maria Martinez and Promit MukherjeeBEIJING/BERLIN/OTTAWA (Reuters) – U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace. Hit by 10%-50% tariffs on their exports to the world’s dominant economic superpower, most lack the firepower to hit back or the political will to slug it out, say government officials, economists and trade experts.
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1 month ago |
bilyonaryo.com | Ellen Zhang |Maria Martinez |Maria Martínez |María Martínez |Promit Mukherjee
SOURCE: ReutersTrade partners lack options, prefer negotiation over retaliationChina open to talks, India and Vietnam prioritise negotiationsEU considers retaliation, seeks new trade alliancesBy Ellen Zhang, Maria Martinez, Promit MukherjeeBEIJING/BERLIN/OTTAWA, April 4 (Reuters) – U.S. trading partners have few good options in their trade war with President Donald Trump, other than to sue for peace.
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1 month ago |
jp.reuters.com | Ellen Zhang |Casey Hall
4月3日、 中国で屋外用家具メーカーを経営するジン・チャオフェンさんは、米国の関税引き上げに備えて昨年7月にベトナムに工場を設立したが、今ではこの工場を閉鎖するつもりになっている。香港で3日撮影(2025年 ロイター/Tyrone Siu) [東莞(中国広東省) 3日 ロイター] - 中国で屋外用家具メーカーを経営するジン・チャオフェンさんは、米国の関税引き上げに備えて昨年7月にベトナムに工場を設立したが、今ではこの工場を閉鎖するつもりになっている。トランプ米政権が中国ばかりかベトナムなど多くの国に高い関税を課したためだ。 「これまでの努力が全て水の泡になった」と語るジンさんは、輸出事業は需要不足に苦しむ国内市場と同じように「非常に利益の薄い」ビジネスになりそうだと不安を隠せない。 トランプ米大統領は、対米輸出が年4000億ドル強と世界最大の中国に34%の相互関税を上乗せすると発表。中国の輸出業者が貿易戦争の影響を和らげるために採ってきた2つの主要な戦略――生産の一部海外移転と米以外の市場の販売てこ入れ――の根幹が直撃を受けた。...