China’s oil refining output remained strong in July, with increased utilization at state-owned refiners and a jump in crude oil imports.
BUSINESS
Applied Materials Warns Uncertainty Is Slowing Its Business, Especially in China
Shares of Applied Materials sank 13% in premarket trading Friday, a day after the semiconductor equipment manufacturer gave weaker-than-expected guidance as global economic and tariff worries impact …
China’s leading supplier of 12-inch silicon wafers given greenlight for Shanghai IPO
Eswin’s capability in 12-inch wafers is seen as an important asset for China’s strategic drive towards semiconductor self-sufficiency.
China’s Ant Group Says Bright Smart Deal on Track Following Report of Delay
BEIJING/HONG KONG (Reuters) -China’s Ant Group said relevant procedures regarding its acquisition of Bright Smart Securities & Commodities Group are moving forward as planned, in response to a report …
China files WTO complaint against Canada’s steel import restrictions
China on Friday filed a complaint with the WTO against Canada’s import restrictions on steel and other products, the Chinese commerce ministry said. China “strongly deplores and firmly opposes …
China’s export growth set to benefit from multiple favorable conditions in H2, despite challenges: NBS official
China’s imports and exports of goods have continued to grow since the beginning of this year, despite a rapidly changing trade environment and a marked increase in instability and uncertainty, demonstrating strong resilience and vitality,
China’s Economy Slows Broadly Even as Exports Keep Rising
Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.
China’s economy lags in July under pressure from tariffs and a weak property market
China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.
Focus on China
China currently feeds 22% of the world’s population with just 7% of the arable land. Corn production in 2025-26 is expected to increase 1.7% year over year due to improved yields, with genetically …
China needs to show it can compete on more than price
More companies need to follow the likes of BYD and Huawei and build brands, invest in technology and deliver differentiated products and services When policymakers start using internet slang to …
Shein’s UK sales surge to $2.8 billion in 2024, boosting profits as IPO looms
Shein’s British business made 2.05 billion pounds ($2.77 billion) in sales in 2024, a 32.3% increase from the previous year, a filing by the online fast-fashion retailer showed early on Friday.
Innogen’s shares almost quadruple in Hong Kong trading debut amid pharmaceutical bull run
Shares of Guangzhou Innogen Pharmaceutical Group soared on their Hong Kong debut, buoyed by strong investor appetite for China’s pharmaceuticals sector, which has enjoyed rising valuations and solid …
Mexico’s half-year trade deficit with China hits a record US $57 billion
Mexico’s trade deficit with China set a new mark in the first half of the year as imports exceeded US $62.1 billion and exports fell short of US $4.6 billion, according to Banxico, Mexico’s central…
