Industrial & Commercial Bank of China Ltd. announced its first ever interim dividend even as the nation’s largest bank battles falling profits and record low margins.
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Japan calls axis of China, Russia, North Korea the ‘gravest threat’ to global order since WWII
China’s fleet of penguin-like robots delivers 7-Eleven goods via subway
Jensen Huang woos Beijing as Nvidia finds a way back into China
Nvidia C.E.O. Treads Carefully in Beijing
Nvidia CEO Lavishes Praise on China in Beijing, Drawing Rock-Star Reception
China Pledges to Address ‘Irrational Competition’ in EV Sector
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China’s ICBC Plans First Interim Dividend as Profit Falls
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three years “rectification” following a fine levied in 2021 for monopolistic behaviour …
Why Companies Are Exiting China And What Leaders Can Do About It
Political tensions, cybersecurity, and rule-of-law concerns are driving decisions. IBM, the latest China casualty, announced they are shutting down their R&D facility.
China’s mortgage loans fall, property development loans rise
China’s mortgage loans dropped further at the end of June while property development loans picked up, central bank data showed on Friday, as authorities seeks to put a floor under the struggling real estate sector.
Nippon Steel Calls for Japanese Tariffs on China’s Exports
The Japanese government needs to impose an anti-dumping tariff on Chinese steel exports to protect the domestic industry, said Nippon Steel Corp., the world’s fourth largest steelmaker.
President Mnangagwa Tours BYD Auto in Shenzhen, China, as Part of FOCAC 2024 Initiatives
Online Writer Shenzhen, China— President Emmerson Mnangagwa has visited BYD Auto, a leading manufacturer of new energy vehicles, during his tour of China ahead of the Forum on China-Africa Cooperation …
Beijing to tap free-trade zones to reassure foreign investors with pro-business pledge
The pledge was made at a meeting of a Communist Party reform task force headed by President Xi Jinping on Thursday.
China’s top airlines post losses, hit by slow international travel and domestic oversupply
China’s leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic oversupply and more intense competition …
Beijing to tap free-trade zones to reassure foreign investors with pro-business pledge
Beijing has vowed more prominence to China’s free-trade zones, as well as a roll-out of pro-business measures, including trade facilitation to smoothen capital and data flow for foreign businesses.
Tesla Beijing to recall 870 imported model X EVs, China regulator says
China’s market regulator said on Friday that Tesla Motors Beijing will recall 870 imported Model X vehicles from Oct. 8 due to a need to check the adhesive used to attach the roof of the…
China mulls $7.9 trillion in mortgage refinancing as economy stutters
The government plan would let homeowners switch banks for cheaper loans, as the property slump drags down consumer spending and household wealth.
ASML’s China Business In Crosshairs Of Dutch Government: Semiconductors At Center Of East-West Tensions
The Netherlands’ recently elected prime minister is expected to block ASML Holding NV (NASDAQ:ASML) from assisting Chinese companies with repair and maintenance services. Dutch company ASML is a top …
CHINA-TIANJIN-BUSINESS ENVIRONMENT-GLOBAL COMPANIES (CN)
This photo taken on Aug 29 2024 shows a store of AEON MALL a Japanese shopping center operator in Xiqing Distri …