Washington and Beijing have clashed in recent months over China’s increasingly assertive approach in disputed maritime regions, including the South China Sea …
Monthly Archives For September 2024
How China has ‘throttled’ its private sector
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formations …
U.S. companies in China don’t think tariffs are the right tool to resolve trade disputes: AmCham Shanghai
Eric Zheng, president of the American Chamber of Commerce in Shanghai, says “applying higher tariffs would not be in the best interests of either country.” …
Saudi crude oil supply to China set to rise to 46 mln bbls in Oct, sources say
Saudi Arabia’s crude oil supply to China is set to rise to 46 million barrels in October, trade sources said on Thursday, after the world’s top oil exporter slashed prices for Asia, boosting demand.
Foreign carmakers also have a China overcapacity problem
Although about 80 per cent of China’s auto exports are cars with internal combustion engines, the boom in Chinese uptake of low-cost, high-tech electric vehicles has drawn protectionist reactions from …
China detains investment bankers, takes passports amid increased crackdown
China’s crackdown on investment bankers intensifies with the detention of top executives, raising concerns over the $1.7 trillion brokerage industry.
The 25th China International Optoelectronic Exposition Grandly Kicks Off in Shenzhen Today
The 25th China International Optoelectronic Exposition (CIOE 2024) commenced today with a grand opening at the Shenzhen World Convention and Exhibition Center. As a premier event that encompasses the …
As the Electric Vehicle Industry Grows Globally, Beijing Wants Chinese EV Tech to Stay at Home
Beijing’s directive comes as most major Chinese carmakers operating in other countries are looking to localize EV manufacturing to avoid tariffs.
China Asks Its Carmakers to Keep Key EV Technology at Home
China has strongly advised its carmakers to make sure advanced electric vehicle technology stays in the country, people familiar with the matter said, even as they build factories around the world to …
China detains investment bankers, takes passports in corruption sweep
This is part of other measures under President Xi Jinping’s years-long common prosperity campaign. Read more at straitstimes.com.
Appliance Giant Midea’s Big Hong Kong Debut to Set Tone for IPO Revival
Hong Kong’s biggest listing in more than three years presents a major test for the city’s struggling market for initial public offerings.
China detains investment bankers, takes passports amid increased crackdown on dealmakers
Sun Jianbo, president and founder of Beijing-based asset manager China Vision Capital, said the industry consolidation and regulatory crackdown suggest China’s going in the right direction to reshape …
China’s Attempt to Boost Demand Is Stifled by Wall of Austerity
Finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, breaking with long-established practice as threats to the country’s growth target mount.
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