Arm has warned revenues are being hit by President Joe Biden’s trade war on China as the British chipmaker unveiled plans for a $70bn (£54bn) listing in New York.Growing tensions between Beijing and …
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China’s NaaS Technology acquires Sweden’s Charge Amps for $66M
EV charging giant NaaS Technology is going to acquire EV charging provider Charge Amps so it can penetrate the European market.
‘Contagion!’ China’s property meltdown spreads to ‘shadowy’ bank sparking protests
The Chinese authorities are facing street protests from fearful depositors as the country’s property market meltdown hits the banking sector.
China Tries to Increase Its Clout in Africa Amid Rivalry With the U.S.
China’s leader, Xi Jinping … frustration has been driven in recent years by unfulfilled promises by developed countries to deliver Covid-19 vaccines to poorer countries and the feeling that not …
China, Russia and other emerging economies turn to main summit agenda in South Africa
Leaders of some of the developing world’s most important economies are turning to the main business of their summit in South Africa after a speech by Russian President Vladimir Putin gave the gatherin
China EV Maker Zeekr to Start Investor Tour Ahead of $1 Billion US IPO -Sources
China EV Maker Zeekr to Start Investor Tour Ahead of $1 Billion US IPO -Sources By Julie Zhu and Scott Murdoch HONG KONG (Reuters) – Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) …
How China’s Faltering Growth Threatens Global Commodities Markets
Even so, the state of the property market means steelmakers are probably going to be cautious about tapping more imports to replenish supplies, said Steven Yu, an analyst at Mysteel. Read More: China …
Exclusive: China’s Xiaomi wins state planner nod to make EVs amid glut in autos
It is making the shift to diversify away from its main smartphones business amid slumping demand for gadgets. China’s smartphone sales fell 4% year-on-year in the second quarter of 2023, reaching the …
Why These American Brands Are Fleeing China Now
Stanley Black & Decker had planned to open its brand new 425,000-square-foot, $90 million factory in Fort Worth, Texas by the end of 2020, but it was delayed until 2021. As relations between the US…
China’s economic model is faltering – does it have the political will to fix it?
The country’s property crisis is causing damage that requires Xi to make liberal or market reforms
On frontline island with China, Taiwan president says peace comes through strength
Maintaining peace needs a powerful defence, Taiwan President Tsai Ing-wen said on Wednesday, as she made a rare visit to a frontline island located right next to China, to mark the anniversary of a key…
China Should Stick to ‘Houses Are for Living, Not for Speculation’ – State Media
BEIJING (Reuters) – China should adhere to the principle that “houses are for living in, not for speculation” for the time being, the state-run Economic Daily said in an editorial on Wednesday, amid …
Debating The Size Of China’s Economic Rough Patch
as recently as just a few years ago, china was an unstoppable juggernaut. the budding superpower’s economy was growing at supersonic speed. by some …