A spokesperson for China’s foreign ministry said on Wednesday that the United States is not a party to South China Sea issues and warned the Philippines that wooing other countries to provoke …
Monthly Archives For July 2024
ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions
Reuters reported that the U.S. is considering expanding chip export restrictions to China, but countries including the Netherlands and Japan would be excluded.
China’s weak factory PMI exposes pain points in export juggernaut
China’s manufacturing activity slipped to a five-month nadir in July as factories grappled with falling new orders and low prices, an official survey showed on Wednesday, pointing to a grinding second half for the world’s…
Seoul, Beijing mayors discuss restoration of ties between capitals of Korea, China, Japan
Seoul Mayor Oh Se-hoon met with Beijing Mayor Yin Yong and discussed restoring cooperative relations between the capitals of Korea, China and Japan, during his visit to Beijing, Tuesday.
China’s private capital fundraising sinks to record low of US$3.4 billion on poor outlook
China-focused private capital fundraising tumbled to a new … “And we see there’s a good appetite to finance these constructions.” …
China’s Consumer Woes Mount as Weak Spending Slams Global Brands
President Xi Jinping’s government is facing growing pressure to address China’s consumer spending downswing, as it becomes one of the biggest threats to global economic growth.
Global Times: Iconic ‘lighthouse factories’ shed lights on digital transformation of China’s manufacturing industry
As China has been accelerating a nationwide industrial upgrade and cultivating new quality productive forces to support …
Siemens Healthineers misses Q3 expectations due to slow China
German medical technology company Siemens Healthineers reported third-quarter sales and earnings below expectations on Wednesday, hit by continued order delays in China.
Siemens Healthineers misses Q3 expectations due to slow China
German medical technology company Siemens Healthineers reported third-quarter sales and earnings below expectations on Wednesday, hit by continued order delays in China.
China’s shipbuilders sailing smooth as wave of demand drives exports
Prompted by the Red Sea crisis and a periodic peak in global demand, China’s ship and container exports have hit high levels in the first six months of the year.
Brands from Starbucks to LVMH are really hurting in one big market
Brands like Starbucks, LVMH, and L’Oreal struggled in China last quarter as consumer spending dropped. Chinese consumers are saving more and spending on experiences over products. Starbucks plans to …
China’s Xi calls for strong border defences ahead of PLA anniversary
China’s President Xi Jinping has called for the building of strong border, sea and air defences to protect the country’s territorial sovereignty and maritime interests, the official Xinhua news agency …
China tenant shocked by grisly past of home after stumbling upon TV crime show
An unsuspecting rental tenant in a modest property in China was shocked to discover from a short video that his home was the scene of a grisly murder 10 years ago.
