Those who celebrate Chinese New Year would be aware that Friday (Feb 16) is the seventh day of the first lunar month, which is also known as “everyman’s birthday”. On this day, Singaporeans would …
BUSINESS
Chinese EV companies on war path. What it may mean for global auto brands
As the Chinese economy slows down, local EV brands are looking to branch out to foreign shores. But what does it mean for global brands here?
Whisky takes a shot at China’s Baijiu-dominated market
Its Alcohol-By-Volume (ABV) can top 60% – in comparison spirits like scotch whisky and tequila typically have an ABV of around 40%. “Baijiu certainly still has its place in Chinese liquor consumption, …
It’s Harder to do Business in China Now—and That’s a Good Thing
If America really wanted to force China’s hand towards an open, rules-based economy, passing and enforcing more pro-transparency legislation would send the right signal.
China’s imports of finished vehicles down 9 pct in 2023
BEIJING, Feb. 16 (Xinhua) — China’s imports of finished vehicles fell 9 percent year on year to 799,000 units last year, data from the General Administration of Customs showed. The import value …
China Market Update: Pain Trade Is Higher: Hong Kong Rallies As Fund Managers Reduce Exposure
Asian equities rebounded overnight, as Taiwan returned from holiday in good spirits, jumping +3%, led by an analyst upgrade of Taiwan Semiconductor Manufacturing Company (TSMC).
Asean-China pact ramps up exports
The Asean-China Free Trade Agreement (ACFTA) has significantly boosted Thai exports to China, particularly processed sugar items such as syrup, artificial honey and various sweeteners.
Exporting Autocracy
CSIS Americas director Ryan C. Berg and Henry Ziemer analyze China’s role in democratic backsliding across Latin America and the Caribbean and outline a series of recommendations for the United States …
US senator Marco Rubio urges SEC to block Shein IPO unless China operating risk disclosed
Republican Senator Marco Rubio asked the US Securities and Exchange Commission to block Shein’s bid to list publicly in New York unless the e-tailer …
GM CEO Sees Pivot to Luxury as Antidote to China Profit Slump
General Motors Co. is mulling a shift from mainstream models in China by focusing primarily on luxury vehicles as it struggles to bounce back from years of declining sales and profits in the world’s …
Leaving China, long-time EU trade group chief says investors remain keen, but with more reservations
Joerg Wuttke, president emeritus of the European Union Chamber of Commerce in China, is departing after four decades in the country Multinationals still want to invest, he says, but obstacles include …
Exclusive-Rubio urges SEC to block Shein IPO unless China operating risk disclosed
Republican Senator Marco Rubio asked the U.S. Securities and Exchange Commission to block Shein’s bid to list publicly in New York unless the e-tailer makes additional disclosures about its business …
Chinese EVs stalled by US, EU import controls as analysts warn this is ‘just the beginning’
Moves from the US and European Union to control import of Chinese cars, particularly electric models, seen as first salvo in a larger stand-off Analysts predict more restrictions on the way as …