Robust consumption is also reflected in the volume of deals on trade fairs. The sixth China International Import Expo (CIIE), held in November, saw a total of 78.41 billion U.S. dollars worth of …
BUSINESS
Marvel, crypto, Tucker Carlson: eight of 2023’s most spectacular downfalls
Experts on tech, politics and culture weigh in on the year the hype faded and what could come next …
China’s Bruised Middle Class Has Bad News for Global Brands
The outlook for China’s economy is somber. Exports have cratered, manufacturing is slowing and a property slump is weighing on consumer spending. Youth unemployment has skyrocketed, and these days, …
The billionaire who clipped Ron DeSantis’ China hawk wings
While at first blush, the DeSantis law does indeed seem very tough on China, as always, the devil is in the details. Enter stage right, the apex Wall Street predator, billionaire Ken Griffin — one…
US adds 13 companies in China to Unverified List
The United States has added 13 companies in China to a list of entities receiving U.S. exports that officials have been unable to inspect, according to a government notice posted on Tuesday.Companies …
Christie’s claim on Trump’s China trade deal is on the right track, but hinges on the math
By conventional calculations, China met 83% of its commitment for agricultural purchases. Christie offered an alternative calculation that doesn’t credit China for the purchases it was already making …
China’s imports of Polish dairies up 22% as market demand recovers
China’s imports of multiple dairy products from Poland saw a significant year-on-year increase as of the end of 2023, said Polish Chamber of Milk on Tuesday, noting that the growth was due to a …
Nissan (NSANY) Partners With China University to Export EVs
Nissan Motor Co., Ltd. NSANY plans to export electric vehicles (“EVs”) developed in China, for which it has collaborated with Tsinghua University. Per Reuters, the partnership aims to deploy local …
KFC Plucks Up Major Milestone With 10,000th China Store Opening
KFC has opened its 10,000th China store in Hangzhou, and plans to accelerate net new openings to about 1,200 annually over the next three years The chain has bounced back strongly post-pandemic, but f …
S. Korea, China hold working-level talks on economic ties
Tuesday’s meeting comes as South Korea has been making efforts to stabilize the supply of key material imports, especially after China suspended customs procedures for urea shipments to Seoul early …
US Steel acquisition would put the company among iconic American brands with overseas ownership
US Steel was once the pride and joy of the United States, the most valuable company in the entire world. Now, the iconic 122-year-old company will be owned by a Japanese company, Nippon Steel, sold…
As US positions with China, we must prioritize technological advantages over diplomatic wins
The United States must not take its eye off the ball in trying to establish technology advantages over China, former officials say.
China can achieve 5% economic growth in 2024, central bank adviser says
China is able to achieve economic growth of 5% in 2024, Wang Yiming, a policy adviser to the central bank, said on Tuesday.China’s economy is likely to grow 5% next year, if investment rises 4-5%,…