China’s durian market is showing signs of change, with a drop in price attributed to more supply from Vietnam, a deadly heatwave in major exporter Thailand and a tightening of consumer budgets.
Monthly Archives For May 2024
Canada’s Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country’s…
China releases journalist jailed for Covid-19 coverage
Chinese citizen journalist Zhang Zhan has been released from prison after serving four years for her coverage of Beijing’s Covid-19 response, according to a video released by media watchdog Reporters …
Corona reporter released from prison in China
After four years in prison, China’s authorities have released a citizen reporter who reported on the outbreak of the coronavirus pandemic from Wuhan …
PwC faces crisis in China over audit of failed property giant Evergrande
Role in approving failed property giant’s accounts has led to infighting at the firm as clients reconsider relationship
Positive Sentiment on China Property Measures May Not Feed CNY Outperformance
0325 GMT — Nomura rate strategists remain cautious in the near term over whether positive sentiment on China’s recent property measures can feed into the yuan’s outperformance. The strategists in a note say investors could…
Pixalate Releases First China Mobile Smartphone Market Share Report: Huawei +524% YoY, Gains on Apple iPhone in Q1 2024
Vivo (19%), and Oppo (10%) – has overtaken Apple’s iOS as the top OS type in China with 61% SOVLONDON (GLOBE NEWSWIRE) — Pixalate, the market-leading fraud protection, privacy, and compliance …
Britain ‘cannot afford to give Beijing cold shoulder on trade’, city minister warns
City minister Bim Afolami has warned that Britain cannot afford to give the ‘cold shoulder’ to China. The comments made by the minister and MP for Hitchin and Harpenden came amid tensions between the …
Chinese Business Group Warns of Tariff Increases on Car Imports in Response to U.S., EU Moves
A Chinese business group warned of possible tariff increases on car imports in retaliation for moves by the U.S. and European Union on Chinese electric vehicles, as trade tensions escalate between China and the West.
EU agonises over China trade curbs, in fear of targeted retaliation from Beijing
Officials ponder what countermeasures await European resistance against ‘market-distorting’ Chinese subsidies on electric vehicles.
Beijing imposes sanctions on ex-US lawmaker
Last month, Gallagher worked together with congressional fellows, including Representative Jimmy Panetta, on proposing a bill to impose sanctions on any Chinese military firm that provides material support to Russia.
China’s Nio, FAW Group to cooperate on battery charging, swapping
China’s Nio and state-owned automaker FAW Group have signed a strategic cooperation agreement for battery charging and swapping, according to their official social media accounts on Wednesday. The …
China, Japan to discuss resuming ruling party talks after 6-year hiatus, NHK reports
A senior Chinese Communist Party official plans to visit Tokyo this month to meet with leaders from Japan’s ruling parties and discuss resuming regular talks between the parties for the first time …
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