China’s overall government debt ratio remains low compared with other major economies, and the country’s local government bond debt risk is controllable, as a strong economic rebound provides support …
Monthly Archives For April 2023
China grants duty-free status to some imports from Nicaragua, effective May 1
Nicaragua will be able to export some products duty-free to China from May 1 under the Early Harvest Arrangement for a bilateral free trade agreement (FTA), the Customs Tariff Commission of the State …
Does China have a role to play in helping to end Sudan’s crisis?
By bringing Saudi Arabia and Iran together, China has shown that it can broker deals – but maybe not just yet in Sudan, observers say.
EU is angry at China over remarks on Ukraine – Details
The European Union (EU) has expressed anger over controversial remarks made by China’s ambassador to Paris, Lu Shaye, about the sovereignty of Ukraine and other former Soviet states. Lu’s comments …
China EVs rising, Tesla loses profit ground and Lyft preps for deep cuts
If there was any doubt that China is a leader in EVs, the Shanghai Auto Show should have erased those thoughts. China is developing and producing compelling EVs and reaping the sales as a result.
China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.
China — the world’s largest car market — doesn’t want its vehicles. In 2022, data shows Ford and General Motors’ car sales in China each dropped more than 20% from the year before. Paired with…
China’s Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns
Chinese commercial property developer Dalian Wanda Group’s dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit’s Hong Kong listing and its impact on the …
Alibaba’s cloud services unit expands business with China’s data exchanges under major new deal in southern tech hub Shenzhen
Alibaba Cloud and Shenzhen Data Exchange enter cooperation deal that includes data infrastructure construction and large-scale model applications Before that tie-up, Alibaba Cloud was already working …
Exclusive-China guides banks to further cut deposit rates – sources
China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter said, in the latest effort to channel the country’s vast savings pool into spending and …
Tesla to export Model Y from China to Canada for first time in company’s history: report
Tesla Shanghai will soon export a variant of the SUV-style Model Y to Canada, the electric vehicle maker’s largest market. It will be cheaper than other variants.
China’s top refiner Yunnan Tin says Myanmar mining halt could hit global supply
Myanmar accounted for 77% of China’s tin ore imports last year, Chinese customs data showed. The Wa region is estimated to have accounted for over 70% of Myanmar’s tin production in 2022, the ITA said…
Column: China’s loss of import appetite damps copper’s bull fires
The lack of bull price impetus is down to China, which sharply reduced its imports during the first quarter of the year. China imported 408,174 tonnes of copper in March, down by 19% year-on-year …
China boosts German business optimism, but challenges ahead
A key measure of German business optimism rose in April for the seventh month in a row amid lower natural gas prices and the reopening of the Chinese economy after COVID-19 restrictions …
ADVERTISEMENT
