GUANGZHOU, China (AP) — GUANGZHOU, China (AP) — China Southern Airlines Co (ZNH) on Monday reported net income of $579.7 million in its third quarter. The Guangzhou, China-based company said it had net income of…
BUSINESS
After China’s Bitcoin Mining Ban, Bitcoin Is Stronger Than Ever
China’s bitcoin mining ban devastated bitcoin. It’s been two years now – and Bitcoin and the hash power built on securing it is stronger than ever.
China’s Manufacturing Contraction: A Dance with Global and Domestic Demons
China’s manufacturing sector … Domestically, the sharp contraction of factory gate prices – a manifestation of the squeeze on business profits – has reverberated through the prices of nonferrous metals. The real estate industry, a…
Foreign firms see profitable future in China
Nearly 90 percent of foreign companies expect their profits to remain stable or increase in China over the next five years, with a large number of them identifying technological innovation as the primary growth opportunity…
China, Biotech Funding Headwinds Impact Bio-Techne Q1 Earnings
The company’s Diagnostics and Genomics segment revenues rose 4 percent, while Protein Sciences revenues were up 2 percent.
China mulls copper curbs to reduce overcapacity and emissions
It’s a move that has the potential to reshape global trade in the metal. China is importing copper ore at a record pace to feed the expansion, which is beginning to crimp purchases of the…
Over 80% of foreign firms satisfied with China’s business climate
China’s market remains attractive to foreign firms, Zhang Xin, spokesperson of the China Council for the Promotion of International Trade (CCPIT), told a press conference on Tuesday, citing a survey that has found more than…
British health company Randox to boost China presence at CIIE
LONDON, Oct. 31 (Xinhua) — The China International Import Expo (CIIE) is the perfect springboard for British company Randox to boost its presence in the Asian country, it said on Tuesday.
China snaps up Australian, French wheat as crop damage spurs buying spree
SINGAPORE/BEIJING: China is set to import record volumes of wheat this year, trading sources say, with rain damage to its crop and worries over dry weather in exporting nations fuelling Beijing’s appetite to buy while…
China’s economy stumbled again in recent months with factory activity falling and foreign investment plunging 34%
China’s factory activity slipped in in October, reversing a small expansion seen in the prior month.
China Isn’t Ready for a Crisis Like the Israel-Hamas War
Deng Xiaoping famously counseled the Chinese leadership to “hide capabilities and bide time,” so that China could focus on the hard business of getting rich and strong in a permissive and welcoming …
The biggest market race of all Western companies are at risk of losing to China: Op-ed
Apple is an example of a company that has maintained a significant presence in mainland China despite geopolitical tensions and has worked hard to toe the party line. It is also a stark example of…
Economic Watch: Gov’t officials, business representatives optimistic about China’s economy
With the gradual recovery of international trade exchanges, Japan and China have a very large space for cooperation in the field of economy and trade, and can work together to tackle common challenges, said Toyoki…