So far this year, Chinese companies have raised about US$580 million in US listings, almost all of it in May from one IPO by electric vehicle maker Zeekr. As the geopolitical relationship between …
BUSINESS
China’s Manufacturing Sector Stays in Contraction for Second Straight Month
while the construction subindex fell to 52.3 from 54.4. The service activity was dragged down by weakening capital market services and business activity related to China’s property market, said Zhao …
Legacy brands revitalized as China-chic products unleash new demand
For numerous coffee lovers, the “sauce-flavored latte” made by domestic coffee brand Luckin is an absolute must-try. This novelty is one of Luckin’s best-selling products, made all the more enchanting …
Walmart Is Finally Capitalizing On Amazon And Temu’s China Playbook
Thousands of new China-based vendors are selling each month on Walmart.com, part of the company’s strategy to chase after competition from Amazon and now Temu.
Made in China, for China: Is patriotism the answer to its weakening economy?
“Maybe in the past, people used big brands … to gain face. But the thinking of young people now is that if we use domestic products, we’ll truly ‘have face,’” she said. Her words speak…
China issues rare earth regulations to further protect domestic supply
China already last year introduced restrictions on exports of the elements germanium and gallium, used widely in the chip-making sector, citing the need to protect national security and interests. It …
Crypto firms are returning to Hong Kong en masse
showing a renewed confidence in Hong Kong’s crypto market. The 27th anniversary of Hong Kong’s return to China is near, and its financial sector is booming. The SAR government aims to make Hong Kong a…
Chinese Brands To Grab 33% Of Global Car Market By 2030, Experts Predict
Study by AlixPartners suggests China will control 12% of European market and 72% of its domestic market by the end of the decade. Faster development times and lower production costs give Chinese …
Bill Gates Supports Chinese Energy Imports
Bill Gates is worried that if the US blocks solar products and EVs from China, eventually, the environment will suffer. Gates told Semafor, “The politicians are making a choice, and you can often slow …
Half of China’s NEV brands likely to fail; exports set for steep growth
More than 130 brands are currently competing in China’s new-energy vehicle (NEV) market, says GlobalData Automotive Division China operations manager John Zeng. Three brands, however, dominate the …
Steel, trade ministries in discussion over rising Chinese imports: Source
NEW DELHI: Steel and trade ministries are currently in discussions regarding the increasing imports, especially low-cost products from China, amidst ongoing demands from leading manufacturers for …
China CEO who has 4 children from ‘high-quality’ US sperm says she ‘can be their hero’
A Chinese woman who built a successful business empire decided to become a mother without a husband, and says all her dreams have now come true.
‘Drones change everything’: China showcases UAV competitive edge in military export market
Norinco’s emphasis on drones at the exhibition was a sign that military UAVs had become one of China’s core military exports. According to an arms transfer database from the Stockholm International …
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