Brussels maintains that Beijing doles out unfair subsidies to its auto industry and refuses to accept China’s counter-offer of minimum import prices. Beijing hit back with probes into Europe’s pork …
Monthly Archives For November 2024
Beijing’s Xia Baolong to hold closed-door meeting to hear views from Hong Kong businesses
Beijing’s point man on Hong Kong affairs will meet dozens of the city’s political and business leaders in Shenzhen on Friday to boost business confidence and discuss strategies for strengthening local economic growth, the Post…
China’s services activity picks up as conditions improve, Caixin PMI shows
China’s services activity expanded at the fastest pace in three months in October, helped by early signs that Beijing’s big stimulus push was helping improve business conditions, a private-sector survey showed on Tuesday.
China’s messy EV dispute with Europe keeps trade tensions in check
EU member states divided on tariffs, some seek closer China ties China aims to avoid trade war, needs EU market for EVs EU puts tariffs on Chinese EV imports BEIJING, Nov 5 (Reuters) – Fears…
An insight into China’s high-tech development and its implications
A Bloomberg analysis highlights vast transformation in the structure of the global economy over the past three decades arising from the growth of China.
Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation’ with Nvidia
Deeproute said it is the first company in China to obtain Nvidia’s newer Thor chip for cars and will release a new system using it next year …
Chinese Red Tape Leaves Billions of Dollars of Deals in Limbo
The long reach of Chinese regulators is making it hard for certain companies in the world’s second-biggest economy to carry out transactions, leaving billions of dollars worth of deals on the table.
China and Japan selling their U.S. treasury holdings are to shore up the value of Yuan and Yen: Economist
Alexis Crow of PwC US explains the reason behind China, Japan and other emerging markets sell their U.S. treasury holdings.
China consumer slowdown weighs on U.S. earnings again
Apple last week reported Greater China sales fell slightly to $15.03 billion in the three months ended Sept. 28, down from $15.08 billion in the year-ago period. The figures inclu …
China’s premier ‘fully confident’ of hitting growth targets
Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly…
Hong Kong’s legal system shows ‘strong resilience’ to threats, slanders: Beijing official
Hong Kong’s legal system has demonstrated “strong resilience” to external threats and slanders, a senior Beijing official has said, calling on the city to strengthen its competitiveness and contribute more to global governance. Cui Jianchun…
Indonesian President Prabowo to visit China this week
Indonesian President Prabowo Subianto will visit China this week, Beijing’s foreign ministry said Tuesday, on his first foreign tour as he seeks a more prominent position for Jakarta on the world stage.
China’s Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
Fang said the company aims to become the top Chinese brand of such white goods in North America, also in roughly the next two years. While China-based companies have been eyeing overseas markets …
