China’s first batch of trade data for May is due Thursday and the numbers should give an indication of the extent to which an easing of virus outbreaks in the latter part of that month…
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Nike to end its Run Club app in China in the latest retreat by a US brand
The world’s largest sportswear brand will be discontinuing its running app in China come July, in a move that follows other mega US brands exiting the Chinese market.
China’s BYD will supply EV batteries to ‘good friend’ Elon Musk ‘very soon’
The business model has made BYD less vulnerable to supply chain disruptions during China’s Covid lockdowns, while rivals had to cut back production because of chip and battery shortages.
Ping An Promotes Responsible Investing for China
China conference last month. Ping An’s focus on environmental, social and governance (ESG) practices in its business strategy is to enable the Group to prosper and support over 200 million retail …
Exclusive-Didi in talks to own a third of China EV maker Sinomach-sources
China’s Didi is in talks with Sinomach Automobile to own a third of the latter’s electric-vehicle making unit, two sources said, signalling the ride-hailer is trying to get back to growth after its …
Russia is sending more oil to Asia as China and India continue to snap up cheap barrels, bolstering Moscow’s revenues despite EU sanctions
Russia has boosted oil shipments out of Kozmino by 20% and is also sending more crude to the major port via rail.
N.China’s Inner Mongolia registers 240 positive COVID-19 cases in six days
As the COVID-19 epidemic in other parts of China subsides, it’s flaring up in North China’s Inner Mongolia Autonomous Region which on Wednesday said it’s registered 240 positive infections in the past …
Beijing’s drive for looser lending raises fears of bank margin squeeze
SHANGHAI (Reuters) – Beijing’s mandate to aid virus-hit sectors has left China’s banking sector lagging behind a broader market rally as the economy reopens, with investors fearful a cash splash …
Beijing should seize Apple’s iPhone chipmaker in Taiwan if US sanctions China, top Chinese economist says
Alarmed by how sanctions have crippled Russia, a Chinese economist said China must seize Taiwan’s TSMC to protect its economy from potential future sanctions.
China’s Ambassador says relationship with NZ ‘going well’ – but won’t discuss Beijing’s intentions in Pacific
Despite escalating tensions in the Pacific, China’s Ambassador says its relationship with New Zealand is going well. Chinese Ambassador Wang Xiaolong told Newshub both countries prided themselves on …
China gains ground on US in hi-tech ‘tug of war’, as Beijing spends billions on national champions
China’s global share of the advanced technology market leapt from less than 4 per cent in 1995 to 21.5 per cent in 2018, a new report says US market share declined from 24 per cent…
China Tech Earnings Outlook Improves as Regulatory Tone Softens
Earnings upgrades are adding to an improved outlook for China’s beaten-down technology stocks amid optimism that Beijing’s sweeping crackdown on the sector is finally beginning to ease.
Bitcoin Optimism: People In Developing Nations Believe Crypto’s Future Is Bright
Many within the monetary institution in industrialized economies see bitcoin and different cryptocurrencies with skepticism, as a speculative and extremely unstable development that may solely finish …
