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 …
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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.
US businesses’ optimism in China falls to record low, survey shows
Political tensions, China’s slowing economic growth and fierce domestic competition are sapping the confidence of U.S. businesses in the country, with optimism about their five-year outlook falling to a record low,
China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech
China’s ambitions to become a world leader in AI technology adds another layer to the technology battle between it and the U.S.
China trade chief set for talks on trade in Italy next week
China’s top trade official will arrive in Italy next week for talks, an Italian government source said on Wednesday, as Beijing seeks to persuade European Union members to reject proposed EU tariffs on Chinese electric…
Beijing Kicks off Annual Defence Forum Amid Multiple Regional Disputes
The U.S. plans to send Michael Chase, the deputy assistant secretary of defence for China, Taiwan and Mongolia, to the forum. Chase is more senior than the U.S. official who attended last year, though …
Beijing Like Never Before: A Stunning View From Space
China’s capital city boasts a diversity of structures, from its historic city center to the concentric roads and high-speed railway that surround it. A stunning astronaut photo from the International …
US lawmakers urge Biden to close tariff ‘loophole’ for Chinese small package imports
A majority of Democratic U.S. House of Representatives members on Wednesday urged President Joe Biden to use his executive powers to end a tariff “loophole” for low-value packages that they say are …
China’s Exports Surge Amid Weak Domestic Economy, Raising Global Concerns
In August, China’s exports surged by nearly 9%, reaching $309 billion, the highest since September 2022, while imports remained stagnant at 0.5%. The strong export growth provided a rare boost to …
China Hot Pot Chain Plans US Expansion to Escape Slump at Home
Chinese hot pot chain Haidilao said it will focus on expanding further into established foreign markets in the coming years, notably the US, working to draw new customers as diners at home pull back on…
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