Wu Zhengping, deputy director general of the China International Import Expo Bureau, noted that preparations for the 7th CIIE were well underway. German enterprises are leading Europe in both the …
BUSINESS
China’s exports seen rising more quickly in May, boosting growth prospects, Reuters poll finds
China’s exports likely grew more quickly and for a second month in May thanks to improving overseas demand, giving officials some comfort as they navigate numerous challenges at home to shore up an …
Is China Crypto Ban Over As Bybit Resumes Registration?
Bybit reopens registration for users in China despite previous bans and ongoing regulatory contradictions, signaling potential shifts in cryptocurrency policies.
Scoop: Vulnerable Dems press Biden on Chinese solar imports
Vulnerable congressional Democrats, led by Sen. Sherrod Brown (D-Ohio), are calling on the Biden administration to investigate Chinese solar companies for allegedly skirting U.S. tariffs, Axios has …
Crypto exchanges sticking it out in Hong Kong see value in regulator’s ‘safety first’ approach
Despite recent withdrawals, recently ‘deemed to be licensed’ exchanges spur some optimism about the future of Hong Kong’s virtual asset market Hong Kong’s restrictive regulatory regime for …
An Endless Wave Of US-Led Sanctions Might Be The Greatest Gift China Has Ever Received
The U.S. and a host of Western nations have levied sanctions against Iran, North Korea, Russia and Venezuela — some of whom have suffered further penalties in recent years given …
Project mBridge e-currency project involving Hong Kong, mainland China hits landmark
The MVP platform, based on a new blockchain called mBridge ledger … Five commercial banks in Hong Kong have been onboarded to the platform: Bank of China (Hong Kong), Bank of Communications Hong …
How Pop Mart Became China’s Latest Brand To Target U.S. Growth
Chinese collectibles retailer Pop Mart opened its eighth U.S. store in Las Vegas last month and aims to have 200 stores as it reveals ambitious U.S. expansion plans.
China Is No Longer an Open Road for German Carmakers
Porsche’s first-quarter deliveries in China fell 24% from a year earlier. It isn’t alone. Ferrari’s shipments to mainland China dropped 25% year over year in the quarter, too. Mercedes-Benz and BMW …
Chinese smartphone brand Oppo to roll out AI functions to 50 million users by year’s end
Oppo will not only add generative AI to its flagship Find series of smartphones, but will also incorporate the technology in its more affordable Reno, F and A series AI-powered smartphones will …
1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei
Newlywed Lisa told Nikkei on Tuesday that in her brand-new factory for Li Auto, more than 1,000 employees like her were given the choice of either quitting or receiving minimum wage until business …
Foreign enterprises tap into China’s evolving market
The resilience of China’s massive consumer market has left a strong impression on foreign investors, particularly amidst the lukewarm global recovery. The growth momentum in the market has made it …
Tesla’s China shipments experience downturn amidst rising competition
Tesla is grappling with a decline in shipments from its Shanghai factory, marking the third such instance this year. Preliminary data from China ‘s Passenger Car Association reveals a 6.6% drop in …
