The Chinese leader’s visit is set to test Europe’s willingness to confront Beijing over its support of Russia and trade practices that have hurt European industries.
Monthly Archives For May 2024
China’s monthly plates/sheets import and export data in March 2024
According to customs data, China imported 505,100 mt of plates/sheets in March 2024, up 11.16% MoM, but down 14.71% YoY. Imports totalled 1.4675 million mt in January-March 2024, down 9.69% YoY. In …
World Street | China’s services activity eases in April, Oil prices trend higher, Buffett cuts Apple stake, and more
World Street’s May 6 edition highlights China’s services activity easing in April, followed by Warren Buffett’s stake cut in Apple, and oil prices trending higher after Saudi Arabia hikes crude oil pr
COVID-19 Severity Heightened in Patients with Diabetes: Study Reveals Troubling Connection
Previous studies have shown that patients with diabetes exhibit more severe conditions concerning the clinical course and chest imaging and are more likely to develop critical COVID-19 compared with …
China’s Internet Technology Industry Loses Attraction
Working for a Chinese internet company is no longer attractive. It’s better to be an entrepreneur related to digital technology. Life is calmer.
Beijing courts foreign businesses, Yellen to visit China and more
News, opinions, infographics and videos on China issues: geopolitics, diplomacy, economy, technology and lifestyle.
The $23 billion deal that shines a light on a big threat to China
The very first tariffs Donald Trump imposed on China (before he imposed tariffs on almost all US imports from China) were on steel and aluminium. Protecting the jobs of US steelworkers via tariffs and …
Chinese burger innovations bolster local brands
Xibei said the decision whether or not to retain a subsidiary brand hinges on its potential for global expansion … Xibei opted to halt Jia Guolong’s expansion into first-tier cities. But, in China’s …
China’s services activity eases in April but still solid, Caixin PMI shows
China’s services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained economic recovery, a …
Gasoline demand growth to slow this year on EV growth in China, U.S.
Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in China and the United States and a return to normal …
China’s EV makers, unfazed by US, European export curbs, will push overseas vehicle shipments to new heights, say analysts
China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft in manufacturing electric …
China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
China International Capital Corp. is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures from one…
Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi
Within the last five or six years, China has created unbelievably huge companies out of nowhere’, says Citigroup Asia head of investment banking Hong Kong is ‘a very natural place’ for Chinese and …