By Qiaoyi Li and Kevin Krolicki BEIJING (Reuters) -Chinese autonomous driving startup CiDi expects to turn profitable next year with its offering of software and services focused on mining and factory …
BUSINESS
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years “rectification” following a fine levied in 2021 for monopolistic behaviour …
Why Companies Are Exiting China And What Leaders Can Do About It
Political tensions, cybersecurity, and rule-of-law concerns are driving decisions. IBM, the latest China casualty, announced they are shutting down their R&D facility.
Nippon Steel Calls for Japanese Tariffs on China’s Exports
The Japanese government needs to impose an anti-dumping tariff on Chinese steel exports to protect the domestic industry, said Nippon Steel Corp., the world’s fourth largest steelmaker.
China’s top airlines post losses, hit by slow international travel and domestic oversupply
China’s leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic oversupply and more intense competition …
ASML’s China Business In Crosshairs Of Dutch Government: Semiconductors At Center Of East-West Tensions
The Netherlands’ recently elected prime minister is expected to block ASML Holding NV (NASDAQ:ASML) from assisting Chinese companies with repair and maintenance services. Dutch company ASML is a top …
CHINA-TIANJIN-BUSINESS ENVIRONMENT-GLOBAL COMPANIES (CN)
This photo taken on Aug 29 2024 shows a store of AEON MALL a Japanese shopping center operator in Xiqing Distri …
Inside China’s Fragmented Beauty Market
Global beauty players face challenges such as an increasingly fragmented online retail environment, Douyin’s drag on pricing power and agile local alternatives.
Exclusive: Russia payment hurdles with China partners intensified in August, sources say
Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo, Russian sources with direct …
Cheap ‘dupes’ promise Chinese shoppers the quality of brands like Lululemon and Hermes—without the logos
are appearing in closets across China for a fraction of the price. Known in Chinese as “pingti” and Gen Z shopping parlance as “dupes,” their popularity reflects a backlash against brands among …
‘Parallel tracks’ seen in US trade policy on China
“There exist two parallel tracks when you think of the US and China. The political track is filled with all kinds of negativity from the US,” he said. “Whether it be tariffs, other forms of…
China’s time-honored brands catch up with latest trends
Originating in Suzhou, Jiangsu Province in east China, Daoxiangcun flourished in the capital during the late Qing Dynasty (1644-1911) and has survived the test of both time and great social changes …
Firms from NW China’s Gansu eye global links at China Intl Supply Chain Expo
A roadshow for the second China International Supply Chain Expo (CISCE) kicked off in Lanzhou, capital of northwestern China’s Gansu province, on August 28. Ten companies from Gansu signed up for the second CISCE.
ADVERTISEMENT
