China News Updates

Business, Logistics, Top 50

Chinese Package-Delivery Firm SF Holding Eyes Stake in Kerry Logistics

SF Holding Co., one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuoks listed logistics business, people with knowledge of the matter said.

February 4, 2021
Government, Business, Logistics

Biden to Approach China Relationship With Patience, White House Says

President Joe Bidens administration is approaching its relationship with Beijing with patience and plans to review hard-line policies that were a hallmark of Donald Trumps presidency, Press Secretary Jen Psaki said.

January 25, 2021
Government, Business

Joe Biden Says He Wont Immediately Lift China Tariffs

President-elect Joe Biden says he wont immediately lift tariffs placed by President Donald Trump on many imports from China or break Trumps initial trade deal.

December 2, 2020
Business, Technology, Autonomous

VWs Traton to Build China Truck Factory in Expansion Push

Traton SE is stepping up expansion plans in China after Volkswagen AGs truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.

November 25, 2020
Business, Technology, Logistics

SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion

Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering.

November 24, 2020
Government, Business, Logistics, TCA

C.H. Robinson Warns US Companies Could Miss Tariff Refunds

Minnesota transportation and logistics company C.H. Robinson says it has identified almost $1 billion in potential refunds of tariffs its American clients paid on Chinese imports.

November 23, 2020
Government, Business, Logistics

Biden Unlikely to Quickly Unwind China Tariffs, Democrat Ally Says

President-elect Joe Biden isnt likely to quickly unwind the tariffs President Donald Trump has imposed on Chinese imports, said Delaware Senator Chris Coons, a close ally of the incoming leader.

November 20, 2020
Government, Business, Technology, Fuel

China Pushes Ahead With Hydrogen, Defying Skeptics Like Elon Musk

China, the worlds biggest market for electric vehicles, isnt so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offering to reward cities that achieve adoption targets.

November 20, 2020
Government, Business, Logistics

China Calls for Rejecting Protectionism as It Braces for Biden

Chinese Vice President Wang Qishan called for global solidarity and a shift away from protectionism as Beijing grapples with the prospect of a new administration in Washington.

November 16, 2020
Government, Business, Technology, Safety, Logistics

Purge of Chinese Technologies Confusing, Rushed, Costly, Trucking Groups Say

Trucking industry groups said the rule requiring carriers to locate and purge technology made by five Chinese companies is confusing and doesn't give them time to complete their searches.

September 24, 2020