Buyers from emerging markets are gradually becoming the main players at the Canton Fair, replacing those from Europe and the US. The share of exports to countries involved in China’s Belt and Road Initiative trade…
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Are prospects for China’s exporters picking up on eve of Canton Fair?
Europe’s EV Policy Toward China Might Backfire
Nonetheless, the move is a mistake, and not simply because EU exporters will suffer from China’s tit-for-tat response. The duties will make EVs less affordable, especially for low-income buyers, undermining the EU’s own decarbonization targets.…
Beijing has finally opened the chequebook to save China’s flagging economy. It may be too late
A fortnight ago, Beijing finally pulled out the bazooka with a plan to cut interest rates, bolster bank liquidity to inject more cash into the economy, and relax rules around property investment.
‘God Bless the USA Bible’, reportedly made in China, has become synonymous with Trump
Donald Trump has crticized trade arrangements with China, but Bibles he has promoted were made there. The Bibles were in Oklahoma controversy.
China Mengniu Dairy vice chair leaves business
Jeffrey Minfang Lu was CEO of Mengniu from 2016 up until March this year when he was succeeded by company executive Gao Fei.
China ‘biding its time’ to oust US out of Asia, says defence expert Professor Hugh White
The fight for dominance between the United States and China in the Asian region is in China’s court, with China “biding its time” and growing its military capacity to eventually outgrow the US, a …
China’s stock-market rally may ride on Beijing’s weekend stimulus announcement
China’s policymakers disappointed investors this week with a lack of follow-through on recent monetary policy stimulus measures. They get a second chance this weekend.
China’s financial regulator vows to expand institutional opening-up
VCG. China’s National Financial Regulatory Administration (NFRA) pledged to further open up the country’s financial sector, with
China’s CBDC App Records 180 Million Wallets with Transactions of 7.3 Trillion Yuan
China’s CBDC app has achieved 180 million personal wallets and ¥7.3 trillion in transactions- a major milestone in digital currency adoption.
China kicks off 500 billion yuan swap facility to aid stock market
China’s central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market.
China investors hope for a $283M stimulus from the capital over the weekend
Strategists, economists, and fund managers project new fiscal stimulus over the next six months if China’s Finance Minister Lan Fo’an fails to address the expected $283B stimulus in the anticipated …
Apple Opens Its Largest Research Lab Outside the US in China
Apple has opened a new applied research lab in China. The lab spans 215,000 square feet and is expected to employ over 1,000 local and international talents. The focus of the lab will be on…
China says Foxconn employees probed for bribery, embezzlement
China’s government said on Friday that employees of Taiwan’s Foxconn , the world’s largest iPhone assembler, are being investigated for suspected taking of bribes and embezzlement, after Taiwan reported their detention.
