China Evergrande New Energy Vehicle said that Liu Yongzhuo was being held by authorities ‘on suspicion of illegal crimes.’ …
BUSINESS
China to sanction 5 US manufacturers over arms sales to Taiwan
China will sanction five US military manufacturers in response to the latest round of American arms sales to Taiwan, a Foreign Ministry spokesperson said on Sunday.
Ex-chairman of China Everbright Group expelled from Communist Party
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Another former top business…
China’s manufacturing sector unleashes full potential
China’s manufacturing sector continues to unleash its growth potential, as many manufacturers rush to fulfill orders and drive innovation as the year kicks off, CCTV News reported on Monday. High-tech …
China’s high-standard opening-up boosts foreign investment, global prosperity
China’s Foreign Ministry said Thursday that in 2024, China will continue to expand high-standard opening-up, further ease market access, and share with the world new opportunities brought by the …
Asia thermal coal imports hit record, but supply keeps prices muted: Russell
Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand.
Ticker: China sanctions 5 defense companies; Tesla recalls 1.6 million EVs exported to China
China announced sanctions Sunday on five American defense-related companies in response to U.S. arms sales to Taiwan and U.S sanctions on Chinese companies and individuals.
China Deal Slump Forces Wall Street Banks to Cast a Wider Net
Global investment banks in Asia are facing up to a new reality after two consecutive years of anemic deal flow from China.
UBS Plans Bigger China Onshore Wealth, Asset Management Business
UBS Group AG aims to grow its wealth and asset management business in China, despite the slowing economy and dearth of deals that’s weighed on some Wall Street and European lenders in the country.
Xi’s solution for China’s economy risks triggering new trade war
China’s leaders are pouring money into manufacturing as property-related activity turned into a drag on growth. Read more at straitstimes.com.
Cultural industry can better tell China story
China’s cultural industry has unprecedented opportunities to advance its development thanks to the country’s high-quality economic development, the evolution of the principal contradiction between unbalanced and inadequate development and the people’s ever-growing needs for a…
Weekly roundup of Asia’s hottest crypto news
Asia’s dynamic cryptocurrency landscape continues to evolve with intriguing developments and regulatory shifts, reflecting a region at the forefront of digital finance innovation. This week’s roundup …
JPMorgan predicts China’s yuan dethroning the US’s dollar
The US Dollar’s fate, in this narrative, is like a star whose light is dimming. As the Yuan’s luminescence grows, the Dollar’s glow wanes. It’s not an overnight …
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