China courted the executives of major U.S. businesses this week in a sign of how Beijing seeks to offset trade pressures, rather than retaliate forcefully.
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Costco China Operator Faces Lawsuit From Beijing Namesake Firm
Carmakers show off new EVs, AI applications at Beijing motor show
Geely Galaxy Light 2nd Generation Concept makes world debut in Beijing, previews flagship sedan – E9?
China’s Oil Stockpiles Remain Robust as Teapots Crank Up Output
Labubu maker Pop Mart unveils upgrades to Beijing theme park
China’s DeepSeek rolls out a long-anticipated update of its AI model
China’s AI upstart DeepSeek drops new model. Will it make waves like last year?
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China invites U.S. business leaders to Beijing as it tries to decipher Trump’s trade plans
China frees staff of US consultancy firm after two years
China has released five staff members of US due diligence firm Mintz Group, two years after they were detained as part of a crackdown on consulting firms working with foreign businesses.
China Refiners Face Yet Another Blow as Trump Presses Venezuela
China’s private refiners, long plagued by excess capacity and paper-thin margins, are facing yet another setback as the Trump administration imposes a 25% tariff on any buyer of Venezuelan oil and gas …
US farmers express dismay over proposal for levies on China-built ships
A Trump administration proposal to impose stiff levies on Chinese-made ships entering US ports is sowing panic in the country’s agriculture industry, with farmers saying the added cost threatens to …
China Releases Detained Staff of U.S. Due-Diligence Firm Mintz
SINGAPORE—China has released all detained employees of U.S. due diligence firm Mintz Group, the company said, marking the end of a two-year saga that unnerved American businesses operating in the …
In Austerity, Brands Bet on Exhibitions to Reach China’s ‘Forgotten’ Middle Class
Working around budget adjustments, brands are resorting to exhibitions as a more democratic way to educate and impress those who might have been overlooked by the brand’s previous, VIC-centric …
China’s BYD surpassed Tesla in annual revenue for 2024
Chinese automaker BYD surpassed Tesla in total revenue for 2024, reporting $107 billion compared to the Elon Musk-led brand’s $97.7 billion.
China releases Mintz employees after two-year detention, company says
China has released all Mintz employees who had been held in detention for two years since a raid on its Beijing office in March 2023, a spokesperson from the US-based due diligence firm Mintz Group…
China’s steel market is still in thrall to bleak property data
LONDON] Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the building industry. Read more at The Business Times.
Alibaba chairman says China business more confident since Xi’s tech summit
Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a tech summit led by President Xi Jinping.
China courts American, European multinationals amid growing global trade tensions
China reassured executives from American and European firms, including Apple, Qualcomm, Mastercard, Pfizer and AstraZeneca, that the world’s second-largest economy is open for business amid a looming …
China’s Xiaomi raises $5.5 billion in share sale as EV plans ramped up
China’s Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans. The company sold 800 …
China just unveiled a deep-sea tool that can secretly cut the world’s internet cables
Beneath the ocean’s surface, hidden from view, lies a global nervous system. Thousands of miles of armored cables carry internet traffic, financial transactions, and military communications between …