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 Kuok’s listed logistics business, people with knowledge of the matter said.
February 4, 2021Biden to Approach China Relationship With ‘Patience,’ White House Says
President Joe Biden’s administration is approaching its relationship with Beijing with “patience” and plans to review hard-line policies that were a hallmark of Donald Trump’s presidency, Press Secretary Jen Psaki said.
Joe Biden Says He Won’t Immediately Lift China Tariffs
President-elect Joe Biden says he won’t immediately lift tariffs placed by President Donald Trump on many imports from China or break Trump’s initial trade deal.
December 2, 2020VW’s Traton to Build China Truck Factory in Expansion Push
Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.
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.
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.
Biden Unlikely to Quickly Unwind China Tariffs, Democrat Ally Says
President-elect Joe Biden isn’t 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.
China Pushes Ahead With Hydrogen, Defying Skeptics Like Elon Musk
China, the world’s biggest market for electric vehicles, isn’t 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, 2020China 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.
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.