Such brands, especially the German ones, are working to catch up with startups, especially in the number of new models. Audi is scheduled to unveil its first China-made model on the dedicated PPE …
BUSINESS
Sabah expects China to boost MICE business
KOTA KINABALU: Sabah is pushing hard to bring in tourism revenue from China following the gradual recovery of the Chinese tourism market, says Datuk Christina Liew (pic). The state Tourism, Culture …
Domestic brands in China outpace foreign entrants, report finds
A growing number of foreign brands are deserting the Chinese market, as their once-dominant influence and appeal to local consumers has significantly declined since the pandemic, new Forrester …
Comer blasts Biden as ‘China first’ amid investigation of country ‘holding things over’ president’s head
Rep. James Comer (R-KY) suggested that President Joe Biden has a “China first, America last” mentality for many of his actions, suspecting the president’s alleged business dealings with China have …
China-Angola economic, trade ties boom amid presidential visit, injecting confidence for more cooperation
China-Angola economic and trade ties have entered a new stage with vast areas of cooperation to explore, ranging from oil and gas to manufacturing and trading for win-win outcomes, Chinese and Angolan …
China’s cryptocurrency investors made gains of more than US$1 billion in 2023 despite sweeping government ban
Mainland cryptocurrency investors achieved US$1.15 billion in 2023 to rank fourth behind those in the US, the UK and Vietnam, according to Chainalysis Hong Kong cryptocurrency investors realised gains …
Excitement grows in China over plans for workers get more than 5 days of paid leave
Kenneth Fok, a member of China’s National People’s Congress, told state media on Monday that the country should gradually increase holiday time for young workers, Business Insider reported. Under …
China is finally reaping what it sowed
There have been plenty of hypocritical statements by foreign ministry spokesmen over the years. Russia’s protestations that it wants peace in Ukraine ring hollow, and Iran’s claims that it has nothing …
China’s technical expertise touted as new vehicle for progress on embattled, global belt and road
Technology transfers have always been officially part of China’s belt and road plan, but analysts say those types of exchanges are being increasingly prioritised as Beijing bids to boost ties.
Crypto Experts, Global Rate-Fest, Apple AI: Sunday Asia Briefing
The big survey. When it comes, Japan’s first interest-rate hike since 2007 won’t bring back the $4.4 trillion the nation’s investors hold overseas, according to the latest Bloomberg MLIV Pulse survey.
China’s express delivery sector sees double-digit growth in Jan-Feb
The index is compiled based on data from major logistics firms operating delivery services. It reflects the overall business activities and trends in the country’s courier sector. Enditem Follow China …
China’s economic comeback is not going to be strong, or impressive
Guess what? China’s grand economic revival everyone’s been yapping about? Not happening. The start of the year showed us a mixed bag of tricks, with the real …
China’s economic plans make a trade war likely whether Biden or Trump wins the presidency
Officially, China’s current account surplus remains below peak levels in its share of global GDP. But Shearing notes that customs data reveal a much more significant shift. In fact, he points out that …
