Rolling coverage of the latest economic and financial news …
BUSINESS
China ranks third in Brand Finance’s ‘Global Soft Power Index 2024’
The country’s significant improvement in the pillars of “Business and Trade” and “Education and Science” has contributed to its rise in the index …
Explainer: China’s dominance in wind turbine manufacturing
The European Union will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, the bloc’s anti-trust commissioner, Margrethe Vestager, has said.
China’s auto factory capacity is not growing fast, industry group says
Chinese auto factories’ capacity is not growing fast and idled capacity is being closed instead, a senior official at the China Association of Automobile Manufacturers (CAAM) said on Wednesday.
Xixi Pictures Sets Its Sights on Building a Global Brand for Chinese TV Drama
CEO Yang Xiaopei says the company is keeping a keen eye on international viewing trends to expand its audience: “Our goal is to move beyond the clichés of traditional storytelling.” …
Inflationary pressures have ‘lessened substantially’, says Tesco; Fitch downgrades China to negative – business live
Rolling coverage of the latest economic and financial news. China says Fitch rating outlook downgrade “regrettable” 07:40 China’s Ministry of Finance has said Fitch’s move to downgrade the …
Blizzard and NetEase Settle Their Beef, Returning Warcraft to China
The deal between the gaming company Blizzard, now owned by Microsoft, and the Chinese giant NetEase renews a partnership that lapsed more than a year ago.
Not even China can help Australia’s commodity exports: Russell
Australia has gone from a leader of the pack in commodity exports to a laggard, as prices of resources more dependent on China struggle to build momentum.
China’s EV export boom fuels surge in demand for new car-carrying ships
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world’s fourth-largest fleet by …
US Says China Spurning Farm Exports May Have Political Slant
US Agriculture Secretary Tom Vilsack implied that China may be favoring Brazilian corn and soybeans partly in retaliation against recent restrictions on ownership of American farmland.
American CEOs overlook China risk at their own peril
Do the CEOs understand the goals of the Chinese Communist Party? The contrast could not be starker when one compares the meetings in Beijing with the warnings of U.S. military leaders.
China’s Spurning of Farm Exports Has Retaliatory Aspect, US Says
US Agriculture Secretary Tom Vilsack implied that China may be favoring Brazilian corn and soybeans partly in retaliation against recent restrictions on ownership of American farmland.
China is flooding the market with cars that are just stacking up at ports
According to a report by the Financial Times, auto imports are piling up at European ports, with some officials going as far as calling them “car parks,” as automakers and distributers navigate a …
