China sales continued to fall in July, down 16.6 percent. China remained was the second largest market for Swiss exports, with 11.9 percent market share in July. July sales in Hong Kong were up 6.3…
Recent Posts
China urgently needs to address economic uncertainty – EU business group chief
The head of an influential European business lobby in China said Beijing needs to send a clear message on how it plans to revive its economy and provide clarity on a national security crackdown that…
North Korean plane takes off from Beijing in a sign Pyongyang is opening borders post-pandemic
A North Korean commercial flight has taken off from Beijing in a sign that Pyongyang is its opening its borders again after almost three years of severe COVID-19 restrictions.
Live news: Beijing fines Mintz in crackdown on consultants
Chinese authorities have fined US due diligence group Mintz $1.5mn, the latest salvo in Beijing’s crackdown on consulting groups which has rocked foreign businesses in China. The Beijing Municipal …
Secretary of Commerce to visit China at end of August
The U.S. Secretary of Commerce is set to visit China at the end of August, according to the Commerce Department.
Why It’s So Hard for China to Fix Its Real Estate Crisis
Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.
China fines US due diligence firm Mintz Group $1.5 million for ‘unapproved’ investigations
China has fined Mintz Group, an American corporate due diligence firm, about $1.5 million for allegedly conducting unapproved statistical work in the country, as it continues with a nationwide …
China’s Baidu reports 15% revenue growth, beating expectations
Chinese tech company Baidu reported better-than-expected revenue, up by 15% year-on-year in the second quarter.
Commerce Secretary to Visit China Next Week in Bid to Steady Ties
The trip by Gina Raimondo, the secretary of commerce, comes at a tense moment for the U.S.-China relationship and the Chinese economy.
Arm Needed 3,500 Words to Detail Its Risks in China Before IPO
As it seeks to pull off what could the largest initial public offering of the year, Arm Holdings Ltd. spent more than 3,500 words explaining the risks it faces in China, a critical market that…
2 charts that show how Mexico overtook China as America’s top global trade buddy
US supply chains are changing after former President Trump launched a trade war against China in 2018.
China’s $87 trillion banking system in spotlight after rate caution
Market participants have become alarmed in recent weeks over signs that a two-year liquidity crisis among China’s real estate developers is feeding through into the country’s $US2.9 trillion so-called …
Explained: China is exporting deflation and here’s how it will impact India and the world
Aziz said that this scenario benefits India due to its robust export pricing and the deflationary environment in China. This dual effect, he said, not only curbs global disinflation in traded goods …