BEIJING: China’s imports of unwrought aluminium and products jumped 16% to 240,000 metric tons in June, customs …
BUSINESS
China Communist Party policy meeting expected to endorse leader Xi’s high-tech vision for economy
Chinese leaders have repeatedly said China will keep its doors open to foreign investment and improve the business environment, despite ever-extending Communist Party controls over companies, social …
UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan – business live
Despite cooling labour market, some economists say rate cut more likely in September than August. Resolution Foundation: Wage growth ‘still too hot to handle for Bank of England’ 08:41 Luke …
China’s biggest money manager says fears about growth, corporate earnings excessive
The government’s target of doubling the per capita GDP to US$30,000 means there is enough growth potential, Zhang Kun says in his fund’s quarterly report.
China Isn’t Done Tormenting Nike or Starbucks. Global Brands Hit Local Competition.
China has become a more challenging market for global consumer brands like Nike and Starbucks, and investors are beginning to rethink the value of their Chinese business, according to a new report …
China’s commodity import trend driven by prices, not economy: Russell
LAUNCESTON, Australia, July 18 (Reuters) – China’s imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world’s second-biggest economy. But it’s probably more important to look…
ASML Stock Up 49% In 2024, But Falling On Fear Of China Export Curbs
Despite expectations-beating revenue and profits, ASML’s future could be at risk if China export restrictions stiffen or a pay off from generative AI remains elusive.
VW markets new electric brand for China to compete with BYD
German carmaker Volkswagen is putting a new electric car range on the market in China. The vehicle under the brand name “ID. Unyx” is to hit showrooms this summer, a spokesman said on Wednesday as…
WTO says China is backsliding on key reforms and lacks transparency on subsidies
Report cites studies that say subsidies could top US$900 billion – providing fuel for critics of Beijing’s practices such as the EU and US.
Strict export controls on China can have ‘unintended consequences’
The Biden administration weighs tighter trade restrictions on chip exports to China. Additionally, former President Trump — now the confirmed Republican nominee — commented that Taiwan should be paying the US more for defense in…
Biden weighs tougher trade rules to block allies’ chipmaking exports to China
The U.S. has wielded its trading powers for years to curb advanced chipmaking shipments to China, but it’s now reportedly considering tougher trade rules if allies continue selling chip tech to China.
ASML Stock Up 49% In 2024, Falls On Fear Of China Export Curbs
Despite expectations-beating revenue and profits, ASML’s future could be at risk if China export restrictions stiffen or a pay off from generative AI remains elusive.
Trump Invites China to Invade Taiwan If He Returns to Office
Taiwan is a democracy off the coast of China. It used to be part of China until the Chinese civil war left it de facto independent. The Chinese Communist Party has never recognized Taiwan’s independence.
