The Japanese automaker halted production in China in March amid stiff competition with local brands, and it will stop selling cars as soon as the inventory runs out. Mitsubishi had been making mainly …
BUSINESS
China Is Not Ready for the Era of Deflation
Western countries’ ‘de-risking’ policies towards China and China’s own ‘anti-spy’ policies will likely lead to a continuous deterioration in China’s exports and foreign investment for a long time to come.
Decathlon Weighs Minority Stake Sale in $1 Billion China Business
Decathlon SA is exploring selling a minority stake in its China business, people with knowledge of the matter said, as the French sporting goods retailer seeks a strategic partner to boost growth in …
China’s Artificial Graphite Import And Export Data In September
In September 2023, China’s artificial graphite exports were 44,524 mt, sliding 1% from the previous month and increasing 8% year-on-year. The average export price of China’s artificial graphite was 15 …
6th China Int’l Import Expo attracts more exhibitors around world
The China International Import Expo (CIIE) 2023 will be held from November 5-10 in Shanghai, drawing a larger number of exhibitors from across the world to participate offline. Now in its sixth year, …
China’s home appliance maker Midea Group applies for Hong Kong listing after what could be one of the biggest IPOs in recent history
Midea Group, the world’s biggest home appliances maker, has submitted plans to list its shares in Hong Kong which analysts say could help attract more foreign investors as they could overcome the …
U.S. Lawmakers Point to Reports of Forced Labor in China’s Seafood Industry
The lawmakers cited a journalism group’s reports that laborers from the country’s Xinjiang region are being forced to work in processing facilities elsewhere.
Best China Stocks: These Two Surge Into Buy Areas
U.S.-listed Chinese stocks have struggled amid weaker China economic data. But several stocks are showing strength.
China’s Use of Graphite Export Restrictions Encourages Diversification
China’s recent announcement imposing export restrictions on graphite will have a significant impact on the United States. The United States and its allies are turning to Mozambique and Tanzania to diversify sourcing.
‘Steve Jobs’ biographer Walter Isaacson says Apple will be the company ‘most hurt’ if economic tensions between US and China escalate
Tim Cook recently visited China for the second time this year amid reports of sluggish iPhone 15 sales and a probe into big tech supplier Foxconn.
Bitcoin’s sudden and sharp rally just cost crypto bears $178 million in 24 hours
The world’s largest crypto by market capitalization had surged more than 12 … Bitcoin has climbed 28% in October, and is up more than 107% in 2023. China’s quiet campaign to win over Middle Eastern…
American companies will have to learn how to compete against Chinese manufacturers
If U.S. policy continues to call for the end of dependency with China, it is going to be hard for American companies to come afloat amid competition, said Walter Isaacson, Steve Jobs and Elon Musk…
Bitcoin could reach $48,000 by year-end, technical analyst says. Is crypto spring arriving?
Bitcoin is likely to rally further and reach up to $48,000 by the end of the year, based on technical analysis, one analyst says.