China has overtaken Germany in the use of robots in industry, an annual report published by the International Federation of Robotics (IFR) showed on Wednesday, underscoring the challenges facing Europe’s biggest economy from Beijing.
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Amid Beijing-Tokyo rift, Trump dials ‘friend’ Sanae Takaichi hours after overnight call with Xi
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China overtakes Germany in industrial use of robots, says report
China Market Update: Fintech Lender Shows Improving Consumer, China Gears Up For Trade Negotiation
Asian equities were mostly lower overnight following a flat session on Wall Street that saw “Magnificent 7” names hit with profit taking. This was despite a pullback in the US dollar’s strength versus …
Temu owner’s shares slump as China slowdown hits sales
PDD Holdings, the Chinese owner of online shopping platforms Temu and Pinduoduo, has reported disappointing sales and profit as Chinese consumers continued to hold back amid an ec …
China’s Baidu says advertisers still subdued as revenue falls 3%
China’s Baidu on Thursday said it had not yet seen any notable improvement in advertising spending patterns or consumer spending despite recent government stimulus efforts, as it reported a 3% fall in third-quarter revenue.
Corporate China seeks dollars as trade tensions rise
Chinese firms are squirreling away even more dollars, pricing contracts in yuan and opening import lines to mitigate currency risks as trade tensions threaten to roil foreign exchange rates.
China Vows to Help Firms Export More Despite Growing Backlash
China will attempt to boost exports further, with Beijing promising to support its firms to increase shipments despite a rising global backlash over an influx of cheap Chinese goods.
China’s richest man blasts tech giants and government inaction in rare rebuke
China’s richest man has hit out at online shopping platforms, accusing them of starting price wars that have damaged a wide range of companies and industries as the country tackles an economic slump.
China extends visa-free entry for Korean nationals from 15 to 30 days
China extended the period for visa-free entry for Korean citizens from 15 days to 30 days on Friday, the Chinese Foreign Ministry announced the same day.
China extends visa-free travel for S. Koreans up to 30 days
China’s foreign ministry said Friday that it will extend visa-free travel for South Korean arrivals from the current 15 days to 30 days. The new visa-exemption policy will be effective starting Nov.
Tariff hikes will backfire, and China can manage such ‘external shocks,’ a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers.
China’s largest brokerage formed by Guotai Junan and Haitong’s US$14.5 billion merger
After the merger, which was announced in September, Haitong will cease to exist and Guotai Junan will sell new shares to fund business expansion … but is still pending shareholders’ approval. China’s brokerage industry has…
China says it is willing to talk with US to push forward bilateral trade
A stable and sustainable development trend on trade and business matters between China and the United States will benefit both nations, China’s Vice Commerce Minister Wang Shouwen said on Friday.
China reinstates visa-free travel for Japanese nationals
China will start allowing visa-free travel for Japanese nationals visiting China for up to 30 days from Nov. 30, the Foreign Ministry in Beijing announced on Friday. The exemption will continue …
