China’s Ministry of Foreign Affairs acknowledged that it is aware of the media reports, which said the EU will announce its sanctions against dozens of companies on February 24 – the day that marks …
BUSINESS
China seeks revision of anti-money-laundering law to address risks related to cryptocurrencies and other virtual assets
Laundering Law, which took effect in 2007, was discussed at a State Council meeting last month The proposed AML law revision, which is expected to be passed next year, will address money-laundering …
China’s foreign firms grapple with upward mobility in post-Covid era as state-owned peers rise
Industrial output among SOEs in China is seen benefiting from ‘yawningly different’ effects of Beijing’s policy shifts, to the detriment of other companies In an increasingly murky business climate, …
VW luxury car imports held up after claims of ‘forced labour’ in China
The suspect part had been sourced by a supplier in the VW supply chain and not by VW directly, it was claimed. It came as Volkswagen was hit by additional claims from German media that…
Your next Tesla could be made by China
Tesla may be planning to tap Chinese auto-part makers in Mexico for supplies, Bloomberg says. That’s stoking US concerns over China’s EV influence.
ASML sees semiconductor upturn ahead, but China export restrictions are a risk
Geopolitics could still impact ASML’s business, ASML warns in the annual report. The Dutch government announced new export controls on semiconductor equipment last year that came into effect in …
US blocks Volkswagen imports over claims they were made with forced Chinese labour
Thousands of luxury cars including Porches, Audis and Bentleys have been impounded at US ports amid allegations they contained parts made through forced labour in China. The brands are all owned by …
U.S. companies with the biggest China exposure with potential tariff risk – WF
Former President Trump, who has been leading in several domestic polls to win the 2024 presidential election, has floated the idea of a new 10% worldwide tariff and a 60% or more tariff on Chinese…
Singapore and Hong Kong’s crypto goals on track despite challenge from US Bitcoin ETFs
The move by the SEC to approve the first US-listed ETF tracking Bitcoin is seen as a watershed moment in the crypto industry.
China’s crashing birthrate will leave millions of teachers jobless in the coming years
An image of a chain link. It symobilizes a website link url. Copy Link Decades of China’s one-child policy have created a demographic nightmare for the world’s second-largest economy, and millions of …
As China Tries to Present a Friendlier Image, a New Face Emerges
Liu Jianchao is a Communist Party diplomat skilled at defending tough positions without being pugnacious. He also once hunted fugitive officials abroad.
6 Key Digital Channels For Successful Marketing in China
China is a unique country, distinguishing itself from the rest of the world. Unlike many other countries (USA, UK) wher …
EU to blunt China’s edge on steel, aluminium exports as proposed carbon tax could reach 21%: Goldman
The exact import duty is not yet certain, since it will be offset by any carbon tax mainland China imposes on its own emission intensive sectors by 2026, and the levy will vary according to…
