China’s leadership is aiming for economic growth of around 5% this year. That’s a pretty ambitious goal given the confluence of problems facing the world’s second-largest economy: sluggish consumer …
BUSINESS
China ups efforts to better meet payment needs of foreigners, elderly
BEIJING, March 8 (Xinhua) — China on Thursday released a guideline aimed at continuing … to upgrade payment facilities for such cards at key businesses in large business districts, tourist …
China Market Update: “Two Sessions” Drives Technology & Healthcare Rally, Defending PDD & TikTok, Week In Review
Opinions expressed by Forbes Contributors are their own. I am the CIO of KraneShares, a China-focused ETF provider. Asian equities were mostly higher this week as Taiwan outperformed the region, and …
America’s untapped innovators: our secret weapon against China
Few national investments will be as powerful in the long run as a thoughtful, sustained, robust effort to nurture the next generation of entrepreneurs, in every region of the country.
China Has Put America’s Critical Infrastructure in the Crosshairs, We Must Fight Back
“China’s hackers are positioning on American infrastructure in preparation to wreak havoc and cause real-world harm to American citizens and communities,” Wray said in his testimony. With all due …
How Shein’s US IPO became endangered by US-China rift
Despite the softening stance, new Chinese IPOs remain for the most part small and rare. No single Chinese issuer raised more than $200 million in the US last year, a far cry from 2021 when…
Hong Kong sees uptick in IPO applications year to date with interest rates poised to decline, HKEX CEO says
HKEX received 30 per cent more IPO applications so far in 2024, with start-ups eyeing capital raising as interest rates turn a corner, says newly-appointed CEO Bonnie Chan.
If Europe Penalizes China’s EV Imports, Unintended Consequences Loom
The EU may impose extra tariffs on Chinese EV imports but investors don’t expect it to make much difference to sales. Either way, the Chinese will be a long-term threat.
China trumpets rising car exports to Russia as its envoy holds talks in Ukraine
As a Chinese envoy crisscrossed Europe for talks on ending the war, his boss, Foreign Minister Wang Yi, trumpeted a sharp rise in China-Russia trade — which the West sees as providing an economic …
China’s crude oil imports rise on-year, but softer trend remains
China’s imports of crude oil rose in the first two months of the year compared with the same period in 2023, but they were also weaker than the preceding months, continuing a trend of softening…
Huawei’s EV Is China’s No. 1 Among Upstarts for Second Month
Aito, the car brand from Huawei Technologies Co., is China’s best-selling electric vehicle among EV upstarts for a second straight month, a sign how far Chinese smartphone makers have come in their …
China takes big swings in 6G wireless technology R&D
China will step up the research and development of 6G wireless … while concurrently fostering the development of internationally influential Chinese manufacturing brands, Jin added. “We will also …
For China to leave S Korean shipbuilding rivals in its wake, leaders told to be stern in shipbuilding efforts and seas the day
and Fu contended that it is imperative for the country to establish a comprehensive research and development system for critical parts that will cultivate stronger home-grown brands. In 2023, China …
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