Both industries faced strict government regulation in recent years. Chinese leaders have indicated consumers will be the target of stimulus measures to reach this year’s economic growth target.
BUSINESS
China to beef up regulations on fentanyl chemicals, White House says
China said it would begin adding controls and regulation to … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
Newell Brands plans to move some production out of China due to tariff concerns
Newell Brands (NWL) plans to move production of kitchen appliances out of China. The company has relocated manufacturing for its writing business to Tennessee.
Donald Trump continues one-sided beef with China over crypto
Donald Trump has found a new target in his long list of beefs: China, specifically regarding crypto. He believes China could beat America in the crypto game for a bunch of reasons even though China…
Sharpie-maker Newell moves more operations from China as tariffs loom
Sharpie pen maker Newell Brands is moving production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces “uncertainty” on tariffs ahead …
China’s Huawei and BAIC Motor launch first jointly developed EV
Chinese technology conglomerate Huawei and BAIC Motor on Tuesday launched their first jointly developed electric vehicle (EV).
Hong Kong IPO: China’s Black Sesame raises US$133 million in tough market conditions
The Wuhan-based chip designer focused on autonomous driving systems priced its shares at the bottom end of the HK$28 to HK$30.3 range, sources said.
Giant economic performer China gets tongues wagging
The country with a population of 1. 4 billion people has set the highest bar for the rest of the international community in terms of development.
China Resources Is Said to Face Valuation Pushback on Beverage Unit’s Hong Kong IPO
China Resources Holdings Co. is meeting some resistance on the potential valuation for its beverage unit in a planned initial public offering in Hong Kong, people familiar with the matter said.
Why Use a Separate Domain Name for your China Business
Establishing a separate domain for your China business is an important step in creating a lasting digital footprint in the country. Despite the challenges of managing multiple domains, using a different domain for the Chinese…
What Kamala Harris Has Said About China
The presumptive Democratic nominee has taken action over Chinese human rights abuses. She has also opposed Trump-era tariffs extended by her current boss.
Mark Kelly’s business ties to Chinese tech firm under scrutiny as Harris VP pick looms
U.S. Sen. Mark Kelly casts himself as a successful entrepreneur. Republicans have attacked Kelly in the past for his ties to a questionable Chinese firm.
Cambodia breaks ground on a China-funded canal and says it will be built ‘no matter the cost’
Cambodia on Monday broke ground to build a controversial, China-funded canal to link the capital Phnom Penh to the sea despite environmental concerns and the risk of straining ties with neighboring Vi …