BMW AG and Volkswagen AG capped a painful earnings period for global automakers that are contending with waning electric-car sales and weak demand in China. Both manufacturers on Thursday reported …
Featured Posts Title
US Moves To Loosen China’s Grip on Rare Earth Minerals
‘There just aren’t enough quality jobs’: Why China’s graduate wave can’t fix its labour shortage
Local government investigation into kindergarten lead poisoning in China reveals deep distrust in authorities
US Allies in Europe Project Aircraft Carrier Power Near China
China’s GDP growth set to slow, raising pressure on policymakers
Exclusive: Pandora exploring ways to restructure struggling China business, sources say
Who Is Xu Zewei? 33-Year-Old Chinese Hacker Arrested in Italy for COVID-19 Research Espionage Using Microsoft Server Exploit
Recent Posts
China’s spending slump is crushing global carmaker profits
Live updates: Apple investors watching iPhone sales in China ahead of earnings today
Investors will be on high-alert for updates on the firm’s success in China, the services side of its business, and Apple’s key projects. That includes Apple Intelligence, its coming AI software, and …
Beijing’s Planners Offer Guidance To Inspire Private Investment
Private business, however, remains reluctant. Now Beijing’s planners at the National Development and Reform Commission (NDRC) have developed a scheme to turn this situation around. Because that scheme …
When China hides disasters in a memory hole
O NLY A FEW fire-blackened branches and tree stumps, half hidden by young green ferns, betray the horrors that visited this valley in southern China a little over two years ago. N …
Death toll jumps to 30, with 35 others missing, in an area hit by heavy rains in southeastern China
Chinese state media say 30 people have died and 35 others are missing in a city in southeastern China after days of heavy rains tied to a tropical storm …
Former Vice President Of China Development Bank Expelled From CPC
(MENAFN- IANS) Beijing, Aug 1 (IANS) Li Jiping, a former vice president of China Development Bank, has been expelled from the Communist Party of China (CPC) due to serious violations of discipline and …
Saudi wealth fund signs $50 bln of deals with Chinese financial firms
Saudi Arabia’s sovereign wealth fund PIF has signed six memorandums of understanding (MoUs) worth a total of $50 billion with leading Chinese financial institutions, the fund said in a statement on …
Can the US outpace China on solar technology?
Today’s newsletter looks at America’s largest solar panel manufacturer, First Solar, and its race to out-innovate China on solar technologies. The company is a top beneficiary of the landmark Inflation Reduction Act and in its…
China-Russia Trade Faces Hurdles As Global Banks Return 80% Of Yuan Transfers, Delaying Payments By 6 Months Amid US Sanctions
The complications started in December when the U.S. implemented secondary sanctions aimed at financial institutions assisting Russia in evading sanctions. This led to global banks, from China to the U …
Panda bond push: Pakistan gets 5 bids from China to shore up finances
Panda Bonds are onshore renminbi-denominated bonds issued in the People’s Republic of China by non-Chinese entities and serve as a capital-raising platform for foreign countries or companies targeting …
U.S. Sends Warship to China’s Doorstep
The U.S. and the Philippines said Wednesday’s drill aimed to increase the interoperability of their armed forces.
China developer returns buyers’ deposits for unfinished homes, local media says
A Chinese property developer is giving back homebuyers the deposit they paid for apartments in a project it was unable to finish as part of a housing return programme coordinated by the local …
China’s Home Sales Slump Again, Signaling Crisis Not Over Yet
A fresh batch of China property data suggests that the sector remains in bad shape, heaping pressure on policymakers to take bolder action to address what has become a major drag on the economy.Sales …
