At 50th anniversary gala of the US-China Business Council, US ambassador to China Nicholas Burns talks of ‘revival of a close coordinated relationship’ between the two nations.
BUSINESS
China’s e-commerce players commit to broaden overseas
If all goes to plan, more Chinese goods will flow into the global market Amazon is set to open an innovation center in the Chinese city of Shenzhen to assist Middle Kingdom businesses increase exports…
Nearly 10% of World’s 500 Most Influential Brands Are Chinese
(Yicai) Dec. 15 — China has 48 of the World’s 500 Most Influential Brands, ranking third overall, behind the United States with 193 and France with 49, according to a new list.
WRAPUP 3-China’s weak property sector, retail sales keep stimulus calls alive
analysts attributed this to manufacturers offering unsustainable discounts. Consumer prices, meanwhile, fell at the fastest in three years and factory deflation deepened. The patchy recovery has …
China Determines Taiwan’s Ban on Mainland Goods Is Trade Barrier
China determined that Taiwan’s ban on Chinese imports constitutes a trade barrier, with the decision coming a month before the self-governing island holds a critical presidential election.
Yellen says China’s economic practices ‘unfair,’ encourages healthy competition with US
Treasury Secretary Janet Yellen encouraged China to shift from a state-driven approach in economic policy, saying that their current approach is “unfair.”
The Road to China-Free Supply Chains Is Long. Warning: Legless Lizards Ahead.
Companies trying to break the grip on rare-earth magnets—a crucial ingredient in modern technology—are encountering unusual hurdles.
China Economic Data Shows Some Renewed Signs of Weakness
China’s economy showed some renewed signs of weaknesses as key gauges for consumption and investment missed expectations, while Beijing continues to grapple with challenges including a drawn-out property market slump and waning business confidence.
Asia IPO market seen brighter in 2024 but elections cast shadows
China is set to be the world’s busiest IPO market in 2023 for the second year in a row … kept foreign investors underweight on Chinese equities this year but moves by Beijing to shore…
Container shipping costs for China, Vietnam up in Nov.
Container shipping costs from South Korea to Vietnam and China rose on-month in November, data showed Friday, while those to the United States fell slightly. The average shipping cost for a 40-foot …
Korean crypto firm raises $140M, China’s $1.4T AI sector, Huobi battle: Asia Express
Korean crypto firm pulls off the biggest raise in Asia this year, AI market in China is now worth $1.4T, and Huobi trademark court battle.
Asian IPO Market Seen Brighter in 2024 but Elections Cast Shadows
China is set to be the world’s busiest IPO market in 2023 for the second year in a row, despite a 35% drop in the value of IPOs to $37.3 billion so far this year…
China wants to build ‘first-class’ investment banks – but isn’t telling the industry how
China’s leadership has called for the construction of ‘first-class’ investment institutions, but those in leading firms aren’t sure what meeting that goal will entail, or how to overcome the many …
