China’s economy has slowed significantly, which does not bode well for global dairy prices. The country’s second-quarter GDP grew 6.3%, compared to the same quarter in 2022, which was still smaller than analysts expected.
Monthly Archives For July 2023
Exports to China fall despite duty benefit
Bangladesh’s export to China fell to its three-year low of $677 million in the last fiscal year as entrepreneurs could not take advantage of the duty benefits extended by Beijing.
China’s Aluminum Imports Skyrocket Amid Domestic Supply Shortages
China has significantly increased its aluminum and bauxite imports, including a near doubling of imports from Russia.
China’s industrial profit decline narrows in June
BEIJING – China’s major industrial firms reported a smaller profit decline in June, official data showed Thursday.
Taiwan university group visits Beijing
A group of 38 students and teachers from National Taiwan University arrived in Beijing on Tuesday as part of an exchange with counterparts from Peking University, adding to the spate of recent …
Nissan CEO spots key to cracking ‘challenging’ China market after demand slump
Makoto Uchida told CNBC delivering new products at speed would be key as the company reported a fall in sales and declining market share.
China industrial profits fall in H1
China’s industrial profits extended this year’s double-digit pace of declines into a sixth month as waning demand took a toll on companies’ profit margins, bolstering the case for additional policy support measures.
UPDATE 1-China’s Victory Giant to buy Singapore’s MFS Technology for up to $460 mln
Chinese electronics parts manufacturer Victory Giant Technology Huizhou Co Ltd said on Wednesday it had agreed to buy Singapore’s printed circuit board maker MFS Technology for up to $460 million.
US commerce chief says China export controls will hit companies’ revenue
Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will cost firms some revenue. Restrictions …
Haley courted China business, praised it as ‘great friend’ dealing with North Korea
Republican presidential hopeful Nikki Haley said China was chiefly responsible for the flood of deadly fentanyl that has caused a new spike of deadly opioid deaths in New
Analysis-Investors Dumping China Load up on Other Emerging Markets
The iShares MSCI Emerging Markets ex-China ETF, the world’s largest emerging market ex-China ETF whose biggest holdings are firms in Taiwan, South Korea and India, attracted a record $1 billion net inflow in the first…
Drama in Beijing and Wang Yi’s Return to the Spearhead of Chinese Diplomacy
In terms of foreign policy, nothing has changed with the change of China’s foreign minister. However, the public remains curious. What really happened in Beijing?
The morning catch up: Fed raises cash rate again; Rio faces China challenges
The ASX is expected to get off to a flat start this morning. ASX 200 futures are trading 1 point lower, down -0.01% as of 8:20 am AEST. Today’s …
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