As the pair sat down in the Great Hall of the People, Xi told Sullivan Beijing was committed to a stable relationship with Washington
BUSINESS
Places that were China shock losers are Bidenomics winners
Look at a place that suffered intensively from industrial decline earlier this century as imports from China displaced parts of U.S. manufacturing, and you’re likely to find somewhere that’s …
US NSA Sullivan meets Chinese President Xi Jinping in Beijing, discusses Taiwan, South China Sea
U.S. National Security Advisor Jake Sullivan met Chinese President Xi Jinping in Beijing on Thursday (August 29), wrapping up three days of wide-ranging talks aimed at easing tensions between the two …
The paradox of China’s globalisation
China’s current account surplus is soaring again (despite being obscured by flawed data, as Brad Setser of the Council on Foreign Relations has shown), and its currency is weakening. Pressure is …
China’s export restrictions on critical semiconductor materials shake global markets
China imposed stringent export controls on two critical semiconductor materials, germanium and gallium, in 2023, a move that has since rippled through global markets. These materials …
Economic Watch: Global companies upbeat about China’s open business environment
“Tianjin is an important economic center in northern China. It is also an important fulcrum of the Beijing-Tianjin-Hebei urban cluster. The consumer market here benefited not only the local area, but …
European spirits stocks rise as China lifts provisional brandy restrictions
seen as retaliation against the EU’s decision to investigate whether Chinese EV manufacturers receive unfair state subsidies. French cognac producers were expected to be hit hard if China imposed any …
BYD’s First-Half Profit Rose on Strong EV Sales Despite Slowing China Demand
The Chinese EV giant said first-half net profit rose on higher electric-vehicle sales despite weak demand in the world’s largest auto market.
China will not impose anti-dumping measures on EU brandy, for now
Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had been sold in China below market prices, giving both sides room to …
With China’s Gen Z consumers craving value over status, luxury brands and global markets brace for impact
Amid slower economic growth, young consumers in China are increasingly prioritising value and suitability over pursuing status symbols. This change in attitude is affecting luxury brands and global …
European Spirits Makers Surge After China Pauses Measures Against Brandy Imported From EU
Shares in European spirits makers jumped after China said it would temporarily hold back on dumping measures against brandy imported from the European Union, easing a major concern for investors on …
Nvidia CFO Colette Kress Says Chinese Revenue Remains Resilient Despite US Imposed Export Controls: ‘Expect The China Market To Be Very Competitive Going Forward’
Despite the imposition of U.S. export controls, Nvidia Corporation’s (NASDAQ:NVDA) revenue in China has shown promising growth, although it has not yet returned to pre-control levels. What Happened: …
China’s air travel market ready for takeoff, and Boeing SC hopes to capitalize on demand
Our newsletter catches you up with all the business stories that are shaping Charleston and South Carolina every Monday and Thursday at noon. Get ahead with us – it’s free. China is expected to more…
