Shares of Chinese electric vehicle makers slid following a report that Tesla Inc. is planning a more affordable model targeting European consumers, intensifying competition in an industry where price …
Monthly Archives For November 2023
‘The China Project’ media shuts, blaming ‘politically-motivated attacks’
Independent media outlet says it cannot attract funding after being accused of working for Chinese and US governments.
US viewed more positively as China sinks in approval, poll shows
following the emergence of the COVID-19 pandemic, but sentiment toward the US improved significantly after Biden’s inauguration the following year. The pollster said that sentiment towards the US and China has fluctuated over the years,…
Trolls attack Fox News host Laura Ingraham after she mocks China over talks with US on ‘military matters’
Ingraham took to X (formerly Twitter) to mock China as she bashed the country, accusing and holding them responsible for the Covid-19 pandemic. However, the internet did not respond well to Ingraham’s blasting words against…
China not too worried about economy though local debt issues remain -PBOC official
A senior Chinese central banker said on Tuesday he was not overly worried about the state of his country’s economy, but said “structural issues” remained in some local government debt.People’s Bank of
China, Australia to restart annual meetings as trade resumes
Australia’s Prime Minister Anthony Albanese met Chinese Premier Li Qiang in Beijing on Tuesday, in what Albanese said was an annual leaders’ meeting that would continue as relations between the trading partners stabilised.
Shein Targets Up to $90 Billion Valuation in US IPO, Sources Say
Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant…
China’s imports unexpectedly grow in Oct, exports extend declines
China’s imports unexpectedly grew in October while exports contracted at a quicker pace, in a mixed set of indicators that showed the recovery in the world’s second-largest economy remains uneven amid …
Tech MNCs laud China’s high-quality development
SHEN: The semiconductor industry plays an important role in high-quality development. The government’s strong support and growth in semiconductor end markets has driven ongoing potential for the …
China’s exports record bigger slump than expected in October
CHINA’S export slump unexpectedly deepened in October, underscoring the fragility of an economic recovery that has been trying to stabilise. Read more at The Business Times.
Beijing prepares for imminent rise of humanoid robots
POs pitched for 2025 Beijing is issuing guidelines on the development of humanoid robots with the lofty goal of mass producing the technology by 2025 and having a reliable supply chain by 2027.… Humanoid robots…
China’s imports surprise with growth in October, but exports fall more than expected
China’s exports fell by 6.4% year-on-year in October in U.S. dollar terms, China’s customs agency said Tuesday. China’s imports unexpectedly rose by 3% during that time the data showed. However, China’s imports from the U.
It May Be Too Late to Fend Off China’s Battery Giants
China’s electric vehicle battery juggernaut is going global. Western firms may have a tough time competing, even with significant protection.
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