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2 weeks ago | 
japantimes.co.jp | Alastair Gale |Haze Fan |Yoshiaki Nohara |Sakura Murakami
Japan intends to push back against any U.S. effort to bring it into an economic bloc aligned against China because of the importance of Tokyo’s trade ties with Beijing, according to current and former Japanese government officials. Like many other countries, Japan is trying to get permanent relief from President Donald Trump’s tariffs by addressing U.S. concerns in areas of bilateral trade, including automobiles and agriculture.
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2 weeks ago | 
ca.finance.yahoo.com | Alastair Gale |Haze Fan |Yoshiaki Nohara |Sakura Murakami
(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. • Trump Gives New York ‘One Last Chance’ to End Congestion Fee• Why Car YouTuber Matt Farah Is Fighting for Walkable Cities• The Racial Wealth Gap Is Not Just About Money Japan intends to push back against any US effort to bring it into an economic bloc aligned against China because of the importance of Tokyo’s trade ties with Beijing, according to current and former Japanese government officials.
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2 weeks ago | 
bloomberg.com | Alastair Gale |Haze Fan |Yoshiaki Nohara |Sakura Murakami
Have a confidential tip for our reporters? Before it’s here, it’s on the
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3 weeks ago | 
bloomberg.com | Alastair Gale |Haze Fan |Yoshiaki Nohara |Sakura Murakami
The Tokyo skyline. Photographer: Akio Kon/Bloomberg(Bloomberg) -- Japan intends to push back against any US effort to bring it into an economic bloc aligned against China because of the importance of Tokyo’s trade ties with Beijing, according to current and former Japanese government officials. Like many other countries, Japan is trying to get permanent relief from President Donald Trump’s tariffs by addressing US concerns in areas of bilateral trade, including automobiles and agriculture.
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1 month ago | 
news.bloomberglaw.com | Dong Cao |Haze Fan |Pei Li
Beijing Hualian Group Investment Holding Co. is in talks to sell itsbusiness that operates and develops luxury malls in China to Boyu Capital, according to people familiar with the situation. The two are close to an agreement for the sale of the side of Beijing Hualian SKP Department Store Co.’s business that manages and operates the high-end malls, the people said. Beijing Hualian Group and Boyu are also discussing a sale of the actual mall properties that Hualian SKP oversees, the people said.
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1 month ago | 
bloomberg.com | Dong Cao |Haze Fan |Pei Li
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Dong Cao |Haze Fan |Pei Li
China is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after record capital outflows put pressure on the yuan.
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Dec 8, 2024 | 
xpresschronicle.com | David Welch |Haze Fan
GM’s profits and market share have tumbled, so much that, like other multinationals, the company’s long-term presence in China is anything but certain. Source link
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Dec 8, 2024 | 
seattletimes.com | David Welch |Haze Fan
General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom.” For GM, it’s a contest that’s left the automaker saddled with losses and rethinking its options. The American carmaker revealed Wednesday that it would take charges and asset writedowns of more than $5 billion for its investment in a joint venture with Shanghai’s SAIC Motor and to restructure operations in China, including closing factories.
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Dec 5, 2024 | 
fortune.com | David Welch |Haze Fan |David Welch
General Motors Co. Chief Executive Officer Mary Barra has said that China’s crowded market is a “race to the bottom.” For GM, it’s a contest that’s left the automaker saddled with losses and rethinking its options. The American carmaker revealed Wednesday that it would take charges and asset writedowns of more than $5 billion for its investment in a joint venture with Shanghai’s SAIC Motor Corp. and to restructure operations in China, including closing factories.
