A China-Kyrgyzstan-Uzbekistan freight train departs Lanzhou, Gansu province, on June 5, 2020. [Photo provided to chinadaily.com.cn] LANZHOU – Northwest China’s Gansu province saw robust growth in its …
BUSINESS
China may have imported nearly 500 lithography machines from the Netherlands in five years
As the US and its allies are imposing export restrictions on semiconductor equipment, China increased its chipmaking tool imports over the past year and doubled its imports of lithography equipment …
China Vows to Improve Business Conditions, Japan Top Lobby Says
China pledged to improve the operating environment for foreign firms, the head of Japan’s biggest business lobby said after a meeting with Premier Li Qiang, a sign of Beijing’s latest effort to lift …
China expands access to loans for property developers, acting to end its prolonged debt crisis
The industry as a whole accounts for about a quarter of business activity in China. “For developer financing to fundamentally and sustainably improve, property sales need to stop falling and start to …
China stocks bounce loses steam; focus turns to ECB
Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China’s stimulus plans and for a European Central Bank meeting later in the session. The dollar …
Boeing delivers 737 MAX jet to China, a vote of confidence amid turmoil
Boeing is set to deliver its first 737 MAX to a Chinese airline since March 2019 on Wednesday, flight data shows, ending an almost five-year freeze on imports of the U.S. planemaker’s most profitable …
China sees hi-tech innovation as a boon for its global competitiveness and manufacturing dominance
“China has the world’s top-ranked volume of published papers and numerous patents for inventions, but they are put on the shelf without mass applications,” he said. “Apart from insufficient input in R …
German firms buoyant about China’s growth
According to the Business Confidence Survey for 2023 and 2024, 79 percent of German companies said it is necessary to remain competitive in China. The survey was conducted between Sept 5 and Oct 6 …
The China ‘Deflation’ Story: Something Only an Economist Could Believe
It was in 2018 that the business media began seriously picking up on the massive … every word spill lots of ink about how a “Wary World Watches As Prices Fall in China.” The latter…
Top 10 passenger car manufacturers in China
Now, let’s take a look at the top 10 manufacturers of passenger cars, including sedans, multipurpose vehicles, and sport utility vehicles, in China last year.
China’s dominant EV exports are set to get even cheaper off the back of a huge new subsidy program to boost sales in Thailand
The Thai government just agreed to pay consumers up to $2,800 if they buy a Chinese-made EV, and factories are due to sprout up all over Thailand.
Boeing Set to Deliver 737 MAX to China, Ending Freeze on Import of Jet
Boeing is set to deliver its first 737 MAX to a Chinese airline since March 2019 on Wednesday, flight data shows. The delivery ends an almost five-year freeze on imports of the U.S. planemaker’s most…
U.S. firms view China as ‘risky’ for their supply chains and India as a favored destination, survey shows
At least a quarter of the executives who participated in the independent, third party survey, commissioned by marketplace India Index in December, do not currently import from either China or India.
