The Week Ahead (Dec. 29 - Jan. 4): Mexico Hikes Auto Tariffs; China Licenses Steel, EV Exports
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Dec. 29: CCPIT briefs U.S. visit outcomes
The China Council for the Promotion of International Trade will hold a press conference to detail the results of the Chinese entrepreneur delegation’s recent visit to the U.S. The briefing will also cover preparations for the fourth China International Supply Chain Expo and providing updates on Belt and Road Initiative.
Dec. 29: Hu Shuli to carry Olympic torch in Italy
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- Malaysia resumes MH370 search, targeting the southern Indian Ocean; the plane disappeared in 2014 with 239 people onboard.
- On Jan. 1, China, the EU, Mexico, and Hong Kong implement major regulations on trade, taxation, carbon tariffs, crypto, and data exports.
- Warren Buffett steps down as Berkshire Hathaway CEO, succeeded by Greg Abel; Bulgaria adopts the euro, becoming the 21st Eurozone member.
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Who’s Who
- Malaysia Airlines
- Malaysia Airlines is mentioned in the context of the search for Flight MH370. This search, led by Ocean Infinity, will resume in a high-probability zone in the southern Indian Ocean. The aircraft disappeared in March 2014 with 239 people aboard during a flight from Kuala Lumpur to Beijing.
- Triumph
- **Triumph**, a German underwear manufacturer founded in 1886, is exiting the Chinese mainland market as of December 31. This decision reflects the challenging retail landscape for established foreign consumer brands in the region.
- Berkshire Hathaway
- On January 1, Warren Buffett, at 95, will officially retire as CEO of Berkshire Hathaway. Greg Abel will succeed him, as announced by Buffett at a shareholder meeting in May. Buffett will remain the chairman of the board.
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What Happened When
- Dec. 6, 2025：
- The 2026 Milan-Cortina Winter Games Olympic torch relay begins in Italy.
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