Anheuser-Busch InBev reported higher-than-expected revenue in the first quarter despite lower sales in the U.S. and China. The world’s largest brewer — whose brands include Budweiser, Stella Artois …
Monthly Archives For May 2024
Philippine military chief accuses China of ‘malign influence effort’
The Philippines’ military chief accused China of a “malign influence effort” on Wednesday, after a local newspaper reported a Filipino vice admiral had made a deal with Beijing to de-escalate tensions …
China, Serbia chart ‘shared future’ as Xi Jinping visits Europe
China and Serbia on Wednesday agreed to follow a “shared future” as President Xi Jinping visited the Balkan country as part of his bid to forge stronger relations with allies at the edge of the…
Tech war: Huawei’s growing laptop business in China under threat after US revokes Intel, Qualcomm chip export licences
Further restrictions on access to Intel and Qualcomm chips would pose challenges to Huawei’s PC business, which has been gaining ground in the China market.
Taiwan Exports to US Jump by Record as China Shipments Fall
Taiwan’s exports to the US surged by a record last month while shipments to China fell, underscoring the accelerating decoupling of technology supply chains between the world’s two largest economies.
Biden Looks to Thwart Surge of Chinese Imports
The president has proposed new barriers to Chinese electric vehicles, steel and other goods that could undermine his manufacturing agenda.
U.S. ban on chip exports for Huawei is “economic coercion”: China ministry
China’s Ministry of Commerce on Wednesday accused the United States of “economic coercion” over the revocation of export licenses that permitted companies to supply chips to Chinese tech giant Huawei.
Winspace China 1st grand tour brand, makes history at the 2024 La Vuelta Femenina
XIAMEN, China, May 8, 2024 /PRNewswire/ — The 2024 La Vuelta España Femenina was held from April 28 th to May 5 th, 2024. Winspace women cycling team, including Chinese rider Tang Xin, successfully …
Chinese beverage brand unveils oversea brand in Paris
As one of the leading herbal tea makers in China, Wanglaoji has accelerated its efforts to promote its brand overseas, looking for new growth in overseas markets by releasing its international brand …
China’s Sinovac ‘ready’ for Disease X
ARMENPRESS. Sinovac, the Chinese biopharmaceutical company which developed the CoronaVac vaccine against COVID-19, is “ready and very confident” in its capacity to deal with the hypothetical emergence …
China Doesn’t Want a New Currency War. Beijing Won’t Devalue the Yuan.
Sanctioning a sharp drop in the Chinese currency would serve neither purpose. Rather, it would likely trigger a protectionist response by China’s trading partners, incense China hawks in the U.S. in …
China’s Military Satellites Are Watching America’s Every Move
A senior Space Force official said China launched 400 satellites into space over the last two years, challenging the U.S. monopoly on long-range targeting.
China’s exports likely swung back to growth in April
China’s exports likely returned to growth in April after contracting sharply in March, but the expansion is expected to be modest as factory owners wrestle with weak overseas demand and overcapacity that is pushing down…
