With a lengthy joint venture in steel between China and Japan coming to an end, analysts reflect on its broader meaning in the context of the two countries’ new roles in the global economy.
Monthly Archives For August 2024
Walmart’s $3.6 Billion JD.com Sale Fuels China Tech Slump
Walmart Inc. is raising about $3.6 billion by selling its stake in Chinese e-commerce firm JD.com Inc., winding down an eight-year partnership that appears to be paying diminishing returns amid a …
Suspension of Beijing Laboratory lifted by WADA
Beijing’s Anti-Doping Laboratory has had its suspension lifted by the World Anti-Doping Agency, the organisation announced today. The facility in
Taiwan July export orders beat forecasts on AI chip demand; orders from China flat
Taiwan’s export orders rose more than expected in July as demand for chips used in artificial intelligence applications continued to soar and the government said it expects the momentum to extend into August.
Indonesia searches for ways to balance domestic industries with surging Chinese imports
A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country’s biggest …
China’s summer durian market heats up as Thailand, Vietnam vie for top spot
Thailand has raised its share of China’s fresh durian supply considerably, putting it in an advantageous position as countries scramble to win a stake in the world’s largest market for the fruit.
China’s antimony export controls rattle the tungsten industry
New export controls have shaken the critical minerals industry. Insiders are worried that Beijing will leverage its global supply chain dominance in unprecedented ways.
China’s ‘Road Trip Auntie’ Is Ready for a New Milestone: Divorce
Su Min became an internet sensation for leaving behind an abusive husband to drive across China alone. Now she’s ending the marriage, but there will be a price.
China auto body says EU draft on tariffs for Chinese EVs brings ‘enormous risks’
The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made electric vehicles, Chinese state …
China’s $70bn property rescue plan limps off starting line
Beijing unveiled a plan in May for the People’s Bank of China and state banks to mobilise up to Rmb500bn ($70bn) in lending to support local government enterprises to buy up unsold property. Local …
China says EU draft on tariffs for Chinese EVs brings ‘enormous risks, uncertainty’
The China Association of Automobile Manufacturers said it firmly opposes a final draft from the European Union on high tariffs for Chinese made electric vehicles, CCTV reported on Wednesday.
Shein Gets Go-Ahead to Build $517M Supply Chain Headquarters in China
The mega warehouse is located within miles of a top garment making district, its primary distribution center and a 400-train railroad hub.
Online brokerage Webull targets young Asian traders ahead of Nasdaq IPO
Set to raise US$100 million in a Nasdaq listing through a SPAC deal, the company eyes Southeast Asia’s young, mobile-savvy population for growth.
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