China’s Caixin/S&P Global manufacturing purchasing managers’ index rose to 50.4 in August as new orders drove production.
Monthly Archives For September 2024
Daughter Of China’s Former Richest Takes Over Beverage Giant Wahaha
Zong Fuli, daughter of the late Chinese billionaire Zong Qinghou, has taken over Hangzhou-based beverage giant Wahaha Group.
(FOCAC) 1st LD: Xi holds bilateral events with leaders attending FOCAC summit in Beijing
BEIJING, Sept. 2 (Xinhua) — Chinese President Xi Jinping on Monday started holding bilateral events with foreign leaders who will attend the 2024 Summit of the Forum on China-Africa Cooperation …
China’s first global gaming hit sells millions in a week. An early investor shares what’s next
China’s first attempt at a top-tier video game has smashed … Ying said he knew of at least one such game under development, which his business partner at Hero Games has invested in. But he…
Countries from Russia to China are building payments systems that could threaten the dollar’s global dominance
The West’s sanctions are pushing Russia to develop alternative payment systems with its trade partners.Russia’s SPFS and Mir systems, China’s CIPS, and India’s UPI help aim to challenge SWIFT’s dominance.
The pillars of China’s economy are in a free fall that’s getting worse
China is considering allowing homeowners to refinance as … with less than half of budgeted expenditure completed in the first seven months of 2024. On Friday, Finance Minister Lan Fo’an said the …
Oil Extends Drop on Signs of OPEC+ Output Boost and China Woes
(Bloomberg) — Oil pushed lower on signs OPEC+ will progress with a plan to lift output from October, while economic headwinds mount in China. Most Read from Bloomberg A Guide to Urban Swimming in …
Biden administration delays announcement on China tariffs
The Biden administration has delayed an announcement on final determinations regarding steep tariff increases on Chinese made electric vehicles, batterie …
Morning Bid: China clouds global ‘Goldilocks’ outlook
A look at the day ahead in Asian markets. Investors in Asia kick off the new trading month on the front foot, optimistic about a U.S. ‘soft landing’ and dovish Fed outlook, which should help…
US condemns China for ‘dangerously’ ramming coast guard boats
The US has condemned the “dangerous and escalatory actions” of China following another confrontation at sea between Chinese and Philippine coast guard vessels.
China and the Philippines Trade Blame for the Latest Sea Collision
The United States condemned the episode near Sabina Shoal in the South China Sea and reaffirmed its defense treaty with Manila.
Exclusive | French economist Marc Uzan on how China can help reshape the global financial system
China has become the world’s second-largest economy … The multilateral development banks need to try to work as a system because everyone has a stake in climate finance for climate mitigation and …
The cars you didn’t know were built in China
Although low sales generally lead to manufacturers inevitably pulling out of markets, where China succeeded is in building production and export relationships with established brands that helped turn …
