Mario Ho, the youngest son of the late Macau casino magnate Stanley Ho, has found his own fortune far from the gambling tables that helped make his family one of Asia’s richest.The 29-year-old started …
BUSINESS
China’s made-in-Europe EVs pose new threat to region’s carmakers
Facing EU tariffs of up to 48%. China’s new generation of green carmakers is teaming up with local industry so their autos are considered homegrown.
China’s intl trade in goods, services up 2% in June
BEIJING — The value of China’s international trade in goods and services reached about 4 trillion yuan in June 2024, marking an increase of 2 percent year on year, official data showed on Friday.
China Electronics Supplier Ugreen’s IPO Mints New Billionaire
Friday’s listing at the Shenzhen Stock Exchange by China electronics supplier Ugreen Group Ltd. has minted the country’s latest billionaire.
China Electronics Supplier Ugreen’s IPO Mints New Billionaire
Friday’s listing at the Shenzhen Stock Exchange by China electronics supplier Ugreen Group Ltd. has minted the country’s latest billionaire.
Over 40% of foreign-invested companies see China market as more attractive, with US companies showing highest level of optimism: CCPIT report
Foreign enterprises’ confidence in China has continued to grow in the second quarter, with more than 40 percent of respondents of a survey expressing increasing confidence in the China market. They …
Fridges not bridges: China veers off beaten path with consumer stimulus
China’s use of ultra-long treasury bonds to fund a consumer goods trade-in programme deviates from the usual playbook of boosting investment to support the economy and is fuelling expectations for …
The world’s biggest luxury brands are hurting as Chinese shoppers rein in spending
The value of some of the world’s best-known luxury companies is plunging as Chinese consumers pull back on spending, with even the most exclusive brands feeling the pain.
Exclusive: China’s Iranian crude imports find new market in northeast
Imports of Iranian crude have been flowing into the port and refining city of Dalian since late last year, tanker tracking firms and trading sources said, helping sustain the country’s purchases of …
End of tax loophole risks dimming Shein’s IPO appeal, investors say
Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein’s profitability and risk denting the fast fashion retailer’s long-term attractiveness …
China says Taiwanese working in the mainland ‘need not worry’ after it suggested a death penalty for ‘independence die-hards’
China sparked alarm in Taiwan after floating prison sentences, or even execution, for supporters of declaring independence.
Retiring at 50 has long been a guarantee for parts of China’s working class — until now
Women in China’s working class get to retire at 50 and collect pension checks, but the country is realizing it can’t sustain payments for long.
At Paris Olympics, Chinese manufacturers won big before the Games even started
Summer Games may be French, but much of the equipment and related accoutrements were made in China, owing to a lack of ‘comparable competitors’ in global manufacturing.
