China hopes the European Union would make fewer accusations, the Chinese commerce ministry said on Thursday in a retort to EU criticism that European firms had limited access to the Chinese market.
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Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
HONG KONG] Billionaire Richard Li’s efforts to expand his insurance business into mainland China have been put on hold after Beijing reacted with fury to his father Li Ka-shing’s plan to sell a suite …
US Launches Massive Air Force Drills With Eye on Pacific War With China
Taiwan, a self-ruled island democracy, is the primary point of clash between the two powers. The U.S. has vowed to deter Chinese aggression in the Indo-Pacific—Washington’s “priority theater”—while …
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan, Bloomberg reports
Billionaire Richard Li’s efforts to expand his insurance business into mainland China have been put on hold after Beijing reacted with fury to his father Li Ka-shing’s plan to sell a suite of global …
Exclusive: US-owned company seized to feed Russia planning to supply China, North Korea instead
A U.S.-owned canned food company seized by Russia to safeguard domestic food supplies is planning to boost dwindling sales with exports to China and North Korea, according to documents reviewed by …
Stablecoins under scrutiny in China, warns against illegal fundraising
China issued a warning against illegal fundraising risks tied to stablecoins, emphasizing the importance of compliance and safety in digital financial practices. The Beijing Internet Finance …
Ready to show redeeming quality
A runner-up at the 2022 FIBA World Cup, Team China is approaching the Shenzhen tournament as the first major step on a journey of redemption, following its disappointing Paris Olympics campaign, which …
China automakers’ price war, overcapacity hurt finances
China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability.
The ‘iPhone’ Model of Air Combat: China’s Radical Plan for Its Fighter Jets
The chief designer of China’s J-15 carrier jet, Sun Chong, has proposed a radical new concept for military aviation: fighter jets should be designed for rapid and regular upgrades, much like “mobile …
China lenders rush to sell riskiest debt to catch low yields
BEIJING] Chinese lenders are rushing to sell the riskiest kind of bank debt to capitalise on record-low funding costs. Read more at The Business Times.
Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report
China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, …
China industry group warns of illegal fundraising risks linked to stablecoins
Hong Kong, the US and some other regions and countries are racing each other to set up regulatory frameworks for stablecoins.
China industry body warns against illegal fundraising risks involving stablecoins
An industry body in China warned against illegal fundraising risks involving stablecoins amid a market frenzy over cryptocurrencies and digital assets. The Beijing Internet Finance Association said in …