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 smartphone market on track to recover in 2024 as consumers eye upgrades, says IDC report
Consumers are increasingly eyeing upgrades to models, and fierce rivalry among domestic brands will push vendors to launch more competitive products next year Competition has been intense since Huawei …
Steel Ministry holds review meeting on surging steel imports from China, Vietnam
The government has reviewed the steel import situation amid concerns raised by the domestic industry over the increased inward shipments, according to an industry official. Steel players have been rai …
With US$17 billion surge, Beijing Stock Exchange’s star rises in year of misery for Hong Kong, Shanghai, Shenzhen markets
The Beijing stock exchange is finishing the year with a bang, handing investors US$17 billion in a rally from record lows in late October. Can the 200-odd companies on the bourse keep outshining …
China eyes BRI tie-ups in green, digital fields
Xu Jianping, director of the Department of Regional Opening-up at the National Development and Reform Commission, China’s top economic regulator, said that the nation will continuously deepen …
China’s private firms stuck between a rock and a hard place with Beijing’s support measures ‘mere lip service’
China’s private firms are still finding themselves stuck between a rock and a hard place, with their confidence sapped due to a hostile business environment and a bleak outlook, despite scores of …
How can China’s economic confidence recover amid confusion and censorship?
Those deciphering the readout of the latest central economic work conference could be forgiven for being confused about how Beijing will revive the economy It’s no wonder confidence is slow to recover …
CEOs On Biden’s Time With China’s Xi Jinping: ‘No Let-Up Whatsoever In Hacking After That Dinner’
Commerce Secretary Gina Raimondo discussed the progress made in President Biden’s meeting with Xi Jinping, highlighting the need for China to show commitment to fair business practices and …
‘Promising future’ for China-US business ties
In a congratulatory letter read by Chinese Ambassador to the US Xie Feng at the Jubilee Gala of the US-China Business Council (USCBC) in Washington, Xi said that business cooperation as an important …
Engagement Vital to Relations With China, US Ambassador Says
But differences on economic competition and global security remain. On Thursday night, Treasury Secretary Janet Yellen told the U.S.-China Business Council the Biden administration seeks to strengthen …
China’s video game market returns to double digit growth in 2023 but overseas expansion slows
China’s video game industry achieved double-digit growth … “Helping Chinese games reach the global stage through the PlayStation platform is one of our long-term business goals,” Tatsuo Eguchi, …
Asa Hutchinson’s Mostly True claim that China is allowed to do crypto mining in the U.S.
Crypto mining involves extracting new “currency” through the energy-intensive process of having computers solve mathematical equations. Lawmakers and policy analysts are concerned, both because of the …
Get the Facts: Analyzing Hutchinson’s claim on China and cryptocurrency
Republican presidential candidate Asa Hutchinson spoke this week at a conference on cryptocurrency in Manchester.