China is struggling to digest a growing glut of coal, as robust domestic output and soaring imports threaten to overwhelm the coming wave of winter demand.Most Read from BloombergImmigrants Are …
BUSINESS
Record volumes of wheat imports entering China expected this year
China is set to import record volumes of wheat this year, trading sources said, with rain damage to its crop and worries over dry weather in exporting nations fuelling Beijing’s appetite to buy while …
CIIE ‘ideal forum’ to boost China presence, says Danfoss CEO
The Sixth China International Import Expo (CIIE) is “an ideal forum” to engage with partners and policymakers, Danfoss CEO Kim Fausing has said. The CIIE is scheduled for Nov. 5 to 10 in Shanghai. It…
Feature: China’s import expo to boost Colombia’s cocoa industry
BOGOTA, Nov. 2 (Xinhua) — The 6th China International Import Expo (CIIE), to be held in Shanghai from Nov. 5 to 10, offers an important platform for the development of Colombia’s cocoa industry, said companies…
Food firms hungry for place at China’s big table
LDC has actively responded to China’s policies, most recently building its global R&D center in Shanghai, which serves as the focal point for LDC’s product innovation and R&D activities in China.
APEC summit could shore up US-China ties
A potential meeting between Chinese President Xi Jinping and US President Joe Biden during the APEC Economic Leaders’ Week in San Francisco this month could help shore up bilateral relations, …
Greater China Deal Review: Q3 2023
The third quarter of 2023 saw startups in Greater China seal 670 venture deals—the second highest on record after Q3 2022. Capital raised in the three months rose 28.5% QoQ to $14.1 billion. At this…
Over 20 Chinese firms buyback shares as Beijing seeks to stabilise market
Companies like CRRC Corp and Wuxi Lead Intelligent Equipment have disclosed intentions by their major shareholders to purchase shares.
No bar for China as Govt clears 110 laptop import pleas
Under the new system there are no restrictions on quantity, value or country for imports. The biggest source of imports of IT hardware are China, Singapore, Hong Kong, US and Malaysia. The total imports of…
e.l.f. Beauty to Remain Away from China, CEO Says
The company is boosting its distribution strategy by expanding its presence in the U.S.
Baiya International Group Proposes Terms For U.S. Mini-IPO
Baiya International Group’s financial performance has shown declining revenue, gross profit, and gross margin. Read more to see our analysis on BIYA.
Starbucks Q4 Earnings Preview: What Analysts Are Saying, New CEO’s Plan And Key China Items To Watch
Starbucks, which reports fourth-quarter earnings Thursday, is under new leadership after CEO Laxman Narasimhan took over from Howard Schultz earlier this year.
BOC: PH rice imports unfazed by global shortage
MANILA -Inbound shipments of rice remain unaffected by a global shortage of the commodity, allowing a steady collection of rice tariffs that would be used to fund projects meant to boost local production of the…