Tangshan Port in north China’s Hebei Province. (Photo: Xinhua) China’s imports of Australian coal recovered to more than 50 million tons in 2023, a big increase from the trivial amount in the previous …
BUSINESS
China’s gallium and germanium exports tumble as controls on shipments to the West take toll
According to the General Administration of Customs, the full-year value of gallium exports fell by two-thirds to US$8.47 million in 2023 while sales of germanium were down 8 per cent to US$48.42 …
Toy Manufacturers’ Shift From China Not Child’s Play
India and other countries cannot match China for efficiency, limiting companies’ efforts to shift to lower-cost bases and raising the risk of higher toy prices if the bulk of production remains in Chi …
China aims to better support firms going global
China will better coordinate financial openness and security and pay equal attention to attracting foreign investors and promoting the “going global” of Chinese firms, while steadily advancing …
How Chinese manufacturers are eclipsing Europe’s solar industry
Europe’s solar industry is facing its deepest crisis in more than a decade as steep competition from China erodes manufacturing in the sector, rendering the continent’s hope of greater energy …
Doubts mount over China’s steel, GDP data
Surprising statistics deepen scepticism about the official measures of activity in the world’s second-largest economy.
Mint Explainer | Failed economic rebound, recession fears and increasingly pessimistic youth. How China fumbled the bag
China’s recovery after opening up from its zero-Covid policy has been marred by a deepening property crisis, deflationary risks, and subdued demand; besides other factors such as a recession and …
China’s financial regulator pledges further opening up
BEIJING, Jan. 20 (Xinhua) — China’s National Administration of Financial Regulation (NAFR) said on Saturday that the country will steadily expand institutional opening up of the financial sector.
China property: once-mighty developers strain for lifelines of state support after end of sector’s ‘golden age’
State-owned companies will dominate as ‘the golden age of fast leverage and fast growth’ is over, analyst says Even the developers that avoid default will find the coming years brutal, another expert …
Belgian luxury handbags brand says ‘committed’ to huge China market
Belgian luxury handbags brand Delvaux said it is confident about demand in China, a key market that it entered 10 years ago, and is committed to the country, where consumers are increasingly buying …
GM taking its GMC brand into new global markets, starting with Yukon launch
GM said it will start selling its Yukon large SUV in China later this year and then re-enter Australia and New Zealand next year.
China’s U.S. Exports See Biggest Drop in 30 Years
The tariff-fueled trade war instituted under President Donald Trump and extended by President Joe Biden is an obvious cause of a palpable slide since 2017, when Chinese goods comprised more than 21 …
China collaborates with Huawei and other tech giants to pioneer metaverse development
In a significant move to shape the future of the metaverse industry, China’s Ministry of Industry and Information Technology (MIIT) has established a …
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