Beijing has bought $39.3 billion through June, according to U.S. export data. Meanwhile, Chinese import figures — garnered from the country’s customs offices — show $48.5 billion of purchases. ( read original story …)
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Recent Posts
Chinese purchases in Trump trade deal fail to meet Beijing’s promises
China reports 8 new COVID-19 cases vs 15 a day earlier
China reported eight new COVID-19 cases in the mainland as of Aug. 26, down from 15 a day earlier, the country’s health authority said on Thursday. ( read original story …)
China’s Xpeng increases U.S. IPO size to $1.5 billion, say sources
Chinese electric vehicle maker Xpeng has increased the size of its U.S initial public offering (IPO) to about $1.49 billion, according to two sources with direct knowledge of the matter. ( read original story …)
Australian PM says proposed foreign veto powers not aimed at China
A proposed Australian law that would give the federal government powers to cancel any agreements local authorities and public institutions make or have made with foreign governments is not aimed at … ( read original…
China reports eight new COVID-19 cases vs 15 a day earlier
China reported eight new COVID-19 cases in the mainland as of Aug. 26, down from 15 a day earlier, the country’s health authority said on Thursday. ( read original story …)
Alibaba puts India investment plan on hold amid China tensions
China’s Alibaba Group will not put in fresh funds to expand its investments in India for at least six months, amid souring business relations and rising political tensions between the two nations … ( read…
Air Travel Within China is Nearly at Pre-Pandemic Levels: Live Updates
Domestic air travel in China has almost fully recovered from the pandemic. Powell will provide an update tomorrow on the Fed’s policy review. Tech rally extends Wall Street’s record streak as … ( read original…
China Increases Key Purchases With U.S. Target Still Far Off
China increased its purchases of U.S. goods … The two sides have “smooth” communications on agriculture and finance in the meeting, which had “a good atmosphere,” according to Taoran … ( read original story …)
China state-owned firms’ January-July profits down 30.4% year-on-year – finance ministry
BEIJING (Reuters) – Profits at China’s state-owned firms in the January-July period fell 30.4% from a year earlier to 1.48 trillion yuan ($214.34 billion), the finance ministry said in a statement on … ( read…
China Fires Missiles Into Disputed Sea; U.S. Sanctions
China tensions over the South China Sea escalated on Wednesday with Beijing firing four missiles into the disputed waterway and the Trump administration strengthening action against companies that … ( read original story …)
U.S. slaps trade sanctions on more Chinese entities, this time for South China Sea island building
The U.S. placed 24 Chinese companies on its trade blacklist over China’s construction of islands in the South China Sea. ( read original story …)
Brazil asks China for proof chicken wings had coronavirus
Brazil has asked Chinese authorities to provide results of laboratory tests that detected traces of the novel coronavirus on chicken wings exported by the South American country, according to a … ( read original story…
China’s Ailing Factories Need a Little Christmas Cheer
Nobody has canceled any orders in the last six to eight weeks, so everybody is being very optimistic that Christmas will happen,” says Cave, whose company is one of the world’s biggest manufacturers … (…
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