LAUNCESTON, Australia, June 10 (Reuters) – China’s imports of major commodities were either openly weak in May, such as the decline in crude oil, or those showing apparent signs of strength were …
Monthly Archives For June 2024
Lilium launches China Legal Entity as part of collaboration with the Bao’an District of Shenzhen
By establishing the regional headquarters in China, Lilium will create new jobs in the Shenzhen region. Local recruitment is expected to begin this year, with a focus on commercial activities.
China’s Economy Dealt Trade Blows
Developing economies are joining the U.S. in adopting protectionist measures amid concerns surging Chinese exports could take local jobs.
Tesla clears another hurdle to launching full self-driving in China
Tesla is one step closer to launching full-self driving (FSD) technology in China after it clinched an agreement with Baidu to upgrade its mapping software.
China plans to deploy fleet of US Manta Ray-like undersea spy drones
China is reportedly taking significant strides in underwater technology by expanding its fleet of coral-monitoring submersibles, with plans to develop larger models that could also serve military …
China is awash in $10,000 EVs. Importing them could have changed everything
Tariffs mean that China’s cheap EVs aren’t accessible in the U.S.—and the transition to clean transportation is happening more slowly. A visitor is checking out the Chinese automaker BYD Seagull …
Beijing’s art scene eyes global revival with Gallery Weekend Beijing in 798 Art District
Rapid urban redevelopment that displaced artists and galleries from once-famous artist villages. Beijing is trying to revive its art scene after a series of blows. For years it was the beating heart …
Philippines Rejects ‘Absurd’ Beijing Demand Over South China Sea
The Philippines said it will continue to maintain and supply its South China Sea outposts without seeking permission from any other nation, dismissing Beijing’s demand to do so as “absurd, nonsense …
Beijing wishes Modi for his third term, India sends reminder of ‘3 mutuals’
Recognizing China’s congratulatory message to Prime Minister-designate Narendra Modi for his third term, India reiterated the importance of the three
Northern China braces for record high temperatures in major heat wave
Large swathes of northern China are bracing for a major heat wave that is expected to bring record high temperatures to parts of the region this week. The heat wave, which began on Saturday, is …
China’s EV makers return to fast lane helped by government subsidies tailwind
Beijing will offer a subsidy of US$1,380 to buyers of EVs for replacing petrol cars and the incentive scheme will be available until the year-end China’s premium electric car makers can expect a …
China Market Update: Offshore Goes Risk Off As Exports Beat, Week In Review
The Caixin Manufacturing and Services PMIs both beat estimates for May while China reported better-than-expected export growth year-over-year. E-Commerce and local services giant Meituan beat estimates on its top and bottom lines in the fourth…
New Zealand PM Says China Premier Li Qiang to Visit This Week
WELLINGTON (Reuters) – New Zealand Prime Minister Christopher Luxon said on Monday that China’s Premier Li Qiang would visit the country later this week, in the first trip to the nation in seven years by…
