China is quietly building alternative routes to help it export goods to Europe, without passing through its South Sea, to avoid tensions with the United States and its allies in the region.View on eur
BUSINESS
Kaiyi Automobile Congratulates Chery Group on Exceeding 129,000 Exports in August, Continuing to Lead China’s Automobile Export Market
As a leading enterprise in independent brands, Chery Group recently announced impressive sales figures: in August, 242,736 vehicles were sold, marking a year-on-year increase of 14.6%. Sales of new …
China’s services activity growth hits 15-month high in August, private PMI shows
China’s services activity expanded at the quickest pace in 15 months in August, buoyed by firmer demand at home and a rebound in foreign orders, a private-sector survey showed on Wednesday. The …
The Trump Administration Just Closed the De Minimis Import Tax Exemption. Here’s What That Means for Your Wallet.
If you’re wondering why the prices of items that have been sitting in your shopping cart online are rising, the expiration of the de minimis tax exemption on Friday is one possible explanation.
Chinese billionaire Jack Ma is investing in crypto despite Beijing’s hard ban
Jack Ma’s Yunfeng Financial Group is listed in Hong Kong, which allows it to make crypto-related disclosures to the Hong Kong Stock Exchange. That’s how Ma can indirectly accumulate Ethereum without …
China turns crypto-curious
How might China respond? With some disquiet. China has long sought to end its dollar dominance. At a summit of the Shanghai Co-operation Organisation in Tianjin on September 1st, the organisation’s …
Why China Is Trying to Tame Its Electric Car Frenzy
Beijing has run out of patience with companies slashing prices, and is urging restraint. But fierce competition is also producing a surge of innovation.
Many US firms in China are staying put as ‘least risky option’
MANY American companies that operate in China are staying put, as half of a dozen business leaders and business groups said in interviews that’s the least risky option, citing the United States tariff …
China State Company Issues $700M RWA Digital Bond on Ethereum
Shenzhen Futian Investment raises $700M via Ethereum RWA bond in Hong Kong, rated A- by Fitch, marking China’s first public blockchain bond listing.
US revokes TSMC’s fast-track China export status as controls tighten
The U.S. has revoked Taiwan Semiconductor Manufacturing Co’s authorization to ship key equipment to its main China facility, the chip manufacturer said on Tuesday.
China’s Unitree expected to file for IPO in fourth quarter
Chinese robotics firm Unitree Robotics is expected to submit its listing application documents between October and December, according to a statement on its X account on Tuesday.
Unitree dispels fear of armed quadrupeds before IPO, stressing ‘robots for civilian use’
The statement came after hobbyists and military fans showed off videos of quadruped robots fitted with machine guns.
Gazprom to more than double its gas exports to China
Gazprom’ hopes new agreements will boost its contracted gas exports to China from the current 48 billion cubic metres per annum to 106 Bcm per annum, almost matching the losses following its exit from …
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