(MENAFN) US Secretary of State Anthony Blinken addressed concerns regarding the restrictions imposed by the United States on chip exports to China, emphasizing that the measures are not intended to hinder Chinese technological advancement or…
BUSINESS
India’s imports from China has grown 2.3x faster than exports says GTRI report- Find out why?
The report highlights that the growing trade deficit with China is a cause of concern and the implications of this dependency is not only affecting the economic condition but it also has the …
This Phenomenal Crypto Has Skyrocketed by 1,100% in the Past 5 Years. Here’s the Bear Case You Need to Understand
That far outpaced the Nasdaq Composite index, for example. To be clear, I’m still bullish on the top cryptocurrency. Even at its current price of roughly $66,700, which is 10% off the peak, it looks…
Auto China 2024: Zeekr Mix Is Much More Than Just A Novel MPV
Zeekr launched its new Mix electric MPV at Auto China 2024 in Beijing. The car represents much more than just a new take on family transport.
China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 yrs: GTRI
India’s increasing reliance on Chinese industrial goods raises concerns about trade deficit and national security implications.
China’s share in industrial goods imports jump to 30% from 21%: GTRI
With increasing India’s dependence on Chinese industrial goods like telecom, machinery and electronics, Beijing’s share in New Delhi’s imports of such goods rose to 30 per cent from 21 per cent in the …
Invest in China: Marelli CEO says strong presence in China crucial to business development
Having been in China for about 30 years, Marelli has evolved along with the market. To thrive on the intensifying competition in the new energy vehicle industry, the company has prioritized …
China’s aluminum alloy ingot import and export data in March 2024
Driven by optimism over prices and orders, traders placed many new import orders in January, and these cargoes arrived in March.
Why China Keeps Making More Cars Than It Needs
Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.
China’s top liquor brand reports 15.59% profit surge in Q1
GUIYANG – Kweichow Moutai, China’s leading liquor maker, earned profits of 33.2 billion yuan ($4.67 billion) in the first quarter of 2024, up 15.59 percent year-on-year. From January to March, its …
Blockchain still a hot topic at Money20/20 Asia, along with AI, even as interest wanes in other markets
Blockchain made up about 15 per cent of the talks at Money20/20 Asia this year, just slightly below the proportion of talks on AI, as interest remains high in Asia.
China EV price war to worsen as market share takes priority over profit, hastening demise of smaller players
China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.
BMW to invest a further $2.76 billion in key market China
BMW said on Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker’s “unwavering commitment to the Chinese market”.
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