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.
BUSINESS
Chinese Officials Reportedly Urged American Execs To Carry China’s Water
Chinese officials called on a group of U.S. business executives to improve perceptions of China and warned that investment restrictions …
Fortune Brands Cuts Sales Outlook as China Sales Weigh
Fortune Brands Innovations cut its sales outlook as it faces weakness in China that is offsetting out-performance in other segments.
China poised to lead global auto market, S&P Global says
China is solidifying its position as a global automotive powerhouse, with BYD emerging for the first time as one of the top 10 manufacturers worldwide, according to S&P Global Mobility. An analysis of the impact…
China reveals $41bn price tag of plan to boost consumption
China disclosed for the first time it’s earmarking 300bn yuan ($41bn) for an initiative to give a makeover to the country’s stock of industrial and household equipment.As …
“Trump Drops Bombshell: ‘China’s Going to Have It’ – The Shocking Truth About His Crypto Stance Finally Revealed”
What’s Next? Trump’s New Crypto Crusade: After taking a jab at El Salvador, former President Donald Trump now has China in his crosshairs as the global crypto race heats up. With the 2024 presidential …
China Rules Solar Energy, but Its Industry at Home Is in Trouble
Compounding the problems facing China’s solar energy companies is the rapid disappearance of local subsidies. Local governments are running out of money as a housing crisis makes it hard for them to …
US firms get mixed signals in China on whether they’re welcome
American executives including Apple Inc. Chief Operating Officer Jeff Williams, Micron Technology Inc. President Sanjay Mehrotra and Goldman Sachs Group Inc. President John Waldron were part of a U.S.
Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
China’s surprise rate cut signals panic … The CoinDesk 20 Index (CD20), a measure of the broader crypto market, lost 4.6% in 24 hours. In equity markets, Germany’s DAX, France’s CAC and the eurozone …
China Issues Rare Praise to Philippine President for His Ban on Chinese Online Gambling Operators
China has issued a rare compliment to the administration of Philippine President Ferdinand Marcos Jr. for his order banning widespread and Chinese-run online gaming operations …
Can China smash the Airbus-Boeing duopoly?
But China’s government is endeavouring to change that. It is even said to be planning an attempt to break into the jet-engine business, taking on Western incumbents. To stay on top of the biggest …
China’s robotaxis are racing ahead of Tesla’s
On July 23rd Tesla, America’s electric-vehicle giant, said it would push back the unveiling of its robotaxi from August to October. In May China’s government offered to let the company test its service in the…
China aims to step up Russian energy cooperation despite US sanctions calls
Vice-Premier Ding Xuexiang made the comments at the Sixth China-Russia Energy Business Forum in Moscow on Tuesday.
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