China Banking Corp. grew its earnings by 10.2 percent to P16.2 billion from January to September versus last year’s P14.7 billion on the back of robust growth from core businesses and lower loan loss …
Monthly Archives For November 2023
How America can slow China’s growth in favor of U.S. industries and friendly trade partners – MSN
PETER MORICI The Biden administration is walking a fine line by encouraging U.S. businesses to derisk — diversify supply chains from China — while trying to not antagonize Beijing or …
China to set up green pilot programmes in 100 cities as it chases carbon-peaking, net-zero targets
China will set up pilot programmes in 100 cities and industrial estates nationwide as the world’s biggest polluter works its way towards its 2030 carbon peaking targets, a move which analysts expect will drive demand…
How China Rules the Waves
Beijing’s naval power is also expanding in the deep seas: China will have 80 submarines by 2035, according to the Pentagon, based on current submarine construction activity. In contrast, the U.S. submarine fleet will stand…
Alibaba on the ‘continued desire’ for European brands in China: ‘Consumers are willing to pay for quality and provenance’
From coffee to whisky and ice cream, appetite for EU and UK food and drink continues to build in China, according to Zarina Kanji, head of business development and marketing for Tmall Global at …
China will dominate solar supply chain for years -Wood Mackenzie
China will have more than 80% of the world’s solar manufacturing capacity through 2026 and will be capable of satisfying annual global demand for much of the next decade, according to a report published on…
US ’10 to 20 years behind’ China in battery commercialization, Senate report says
Senate Intelligence Committee Chair Mark Warner and Energy Committee Chair Joe Manchin cited experts saying that the United States is “ten to twenty years behind Asia in commercialization of battery technology,” and noted that China…
China’s Safest Banks 2023
Additionally, new home sales for China’s 100 largest property developers have plummeted, recording a 33% YoY decline as of the end of July. One of the country’s largest developers, Country Garden, is …
Oil prices sink on ‘demand destruction’ worries, weak China exports
Oil prices fell roughly 3% on Tuesday after China’s exports dropped for a sixth straight month, underscoring a global demand slowdown. Exports out of the world’s largest oil consumer fell by 6.4% year-over-year while imports…
China’s foreign trade showing signs of stabilization, experts say
China’s foreign trade registered year-on-year growth in October, after a continuously narrowing slump since July, adding to the recent signs of a gradual stabilization in the world’s second-largest economy thanks to a slew of supportive…
Which Brands Are Winning on Chinese Social Media, And Why
What Happened: Dior emerged as the clear winner across Chinese social media in the third quarter of 2023, according to Shanghai-based data solutions agency Re-Hub, which shared its 2023 Q3 Compass …
China International Import Expo 2023 – Trade, Policy, and Business Opportunities
It is the first import-focused expo held on a national level in the world, hosted jointly by China’s Ministry of Commerce (MOFCOM) and the Shanghai Municipal Government. The event was “personally planned, proposed, deployed and…
Crypto Titans: Top Bitcoin Holders Revealed Around the Globe
Bitcoin’s price rises 20% despite stock market troubles, driven by hopes of an ETF and interest from institutions.
