The average car price in China is around $22,900 (165,000 yuan). BYD Co. Ltd., the world’s largest EV maker, announced discounts of 30% or more on 20 models in late May. Its budget-friendly electric …
BUSINESS
How US buyers of critical minerals bypass China’s export ban
Unusually large quantities of antimony – a metal used in batteries, chips and flame retardants – have poured into the United States from Thailand and Mexico since China barred U.S. shipments last year …
China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens
The deflation in producer prices came worse than the expected 3.2% drop in a Reuters poll, marking the biggest fall since July 2023, according to LSEG data.
DeepSeek and other Chinese AI models spark investor interest in Hong Kong IPOs
IPOs were announced in the city in the first quarter of 2025, according to KPMG, 6 of which raised more than HK$1 billion – many of these were tech companies.
China’s Stealth Trade Surplus
China’s 2024 current account surplus was around $430 billion, below $500 billion dollar surplus registered by the European Union (EU). As a share of national GDP, China’s surplus of just over 2 percent of GDP…
Charles Payne: Crypto and blockchain possibilities seem unlimited
Making Money’ host Charles Payne discusses the stock market’s reaction to President Donald Trump’s latest tariff maneuver and the future of blockchain technology.
Shein files for Hong Kong IPO to save London listing, FT reports
China-founded fast-fashion retailer Shein has filed for an IPO in Hong Kong to accelerate the listing process and pressure Britain’s regulators to approve its planned London debut, the Financial Times …
China Military Uses Laser on US Ally’s Aircraft: What to Know
Germany’s Foreign Office accused the Chinese military of targeting one of its aircraft with a laser during a European Union ( EU) operation. The aircraft was working with the EU’s Operation ASPIDES, a …
Which countries secretly own the most Bitcoin — beyond the US and China
Second on the Bitcoin ownership by country 2025 list is China, though its position is shrouded in opacity. In 2019, Chinese authorities shut down the PlusToken scam and confiscated over 190,000 BTC — …
Factbox-China’s carmakers expanding their presence in Europe
(Reuters) -Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American brands, amid …
Shein takes step toward its IPO
Shein reportedly filed confidential IPO papers in Hong Kong, 18 months after filing to go public on the London Stock Exchange. Why it matters: The fast-fashion giant is trying to pressure U.K.
Shein files for Hong Kong IPO in bid to revive stalled London listing: report
Shein has confidentially submitted plans for an initial public offering in Hong Kong as the fast-fashion giant looks to speed up its prolonged listing efforts and push UK regulators to approve a …
Shein files for Hong Kong IPO to pressure UK to save London listing
Shein has filed to float in Hong Kong in part to try to pressure the UK regulator into compromising on its risk disclosure requirements and keep alive what could be the biggest IPO on the…
