raised alarm in the international business community at a time when the Chinese government is trying to woo foreign investment to help revitalize a slowing economy. In July, China announced it had …
BUSINESS
How Shein and Temu are changing the face of China’s export machine, making life easier for an army of small businesses
The arrival of Chinese shopping apps like Shein and Temu, which bring made-in-China goods directly to overseas consumers, is changing the face of Chinese commerce and making the world’s most powerful …
China rebukes EU, says it is rushing consultations in EV subsidy probe
China said on Wednesday that a demand by the European Union that it partipate in consultations within a “very short” period of time about a probe into electric vehicle subsidies is a severe …
Biden administration announces charges, sanctions to crack down on China-based fentanyl traffickers
Sanctions against 28 individuals and entities in China and Canada allegedly involved in selling … As part of the fentanyl crackdown, the DEA has invested in crypto-tracing software and identifying …
US effort to ban chip exports to China still plagued by loopholes, workarounds
He said a friend from England wants to sell chips to companies in China that can’t get them directly from the manufacturer because of U.S. export controls. To carry out this plan, the teacher said,…
Are China’s state-owned giants about to get even bigger? Party journal flags ‘a matter of survival’
At a time when China is facing unprecedented economic challenges, state-owned enterprises are called ‘the lifeline of the national economy’ in a prominent party journal.
Economic Watch: China’s homegrown beauty products shine bright
In 2022, the sales of domestic Chinese brands on Douyin, the Chinese version of TikTok, grew by 110 percent year on year. Live broadcast views of emerging brands, such as the beauty brand Perfect …
Across China: Riding the e-commerce boom, Pakistani expat enjoys life in China
Having lived in China for nearly 20 years, Sajid often shares his first-hand experience of China’s rapid development and changes with his family in Pakistan.
China, the US and the dangers of a war of words over national decline
An apparent chip advance by tech giant Huawei is being touted at home as a win over US sanctions and further evidence of waning American power.
China grows more dragon fruit, reduces imports from Vietnam
With the jump in domestic production, imports from Vietnam are falling. According to data from China Customs, 206,000 tons had been imported in the first half of this year, mostly from Vietnam, for …
China and EU agree export controls ‘mechanism’ to ease trade tensions
China and the EU have agreed to set up a “mechanism” to discuss export controls, mirroring a similar effort between Beijing and Washington, as the two trading superpowers seek to ease growing trade …
Dutch media: US export controls against China marred by compromises and falling short of goals
As Washington reportedly plans to update its export curbs against China in October, an analysis report by a Dutch media posits that the previous export curbs imposed a year ago exposed the Biden …
US-China relations are ‘on the brink of red lines’ but war is still unlikely, says hedge fund legend Ray Dalio
There are “irreconcilable differences” between the US and China, including Taiwan, the rivalry over semiconductor chips, and geopolitics, Dalio said on Tuesday.