August 16, 2022

Shares of China Evergrande’s EV Unit Rise After $347 Million Share Sale Plan

HONG KONG‚ÄĒShares of China Evergrande New Energy Vehicle Group Ltd. rose 11.1 percent to $0.50 on Monday, after the company said it planned to raise around $347 million in a share placement. Embattled property developer China Evergrande‚Äôs electric vehicle (EV) unit said on Friday it would issue about 900 million shares…

In Beijing Trump BLASTS Previous Administrations for $347 Billion Trade Deficit with China (VIDEO)

Trump BLASTS Previous Administrations for Screwing US Workers The¬†U.S. trade deficit¬†with¬†China¬†was $347 billion in 2016.¬†The¬†trade deficit¬†exists because U.S.¬†exports¬†to China were only $116 billion while¬†imports¬†from China were $463 billion ‚ÄĒ via The Balance. On Thursday President Trump told a Beijing audience, ‚ÄúI don‚Äôt blame China!‚ÄĚ for the massive US trade deficit with the economic giant. In […]