BEIJING/SHANGHAI: China unveiled on Wednesday a 520 billion yuan ($72.3 billion) package to boost sales of electric vehicles (EVs) and other green cars over the next four years to prop up softening …
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China Steps In to Support Yuan After Recent Weakness Offshore
(Bloomberg) — China set its daily reference rate for the yuan at a stronger-than-expected level to slow its slide, as the managed currency weakened in the offshore market while there was a holiday on …
VW eyes sales growth powered by US, China
“While most revenues are still generated in Europe, the growth engines of the future will be China and North America,” CEO Oliver Blume told reporters in a call ahead of an investor meeting. “We want…
Korean Airlines Are Pulling Out Of China Amid Strained Relations
Asiana and Korean AIr will temporarily stop services to the Chinese capitals due to souring international relations.
Cattle, farmland short of water in northern China – Xinhua
About 3 million hectares of farmland in China are suffering from drought, state media reported on Sunday, after record high temperatures hit a large part of the country’s north since last week.
Misting fans and cooling canal swims: China’s north bakes in record heatwave – in pictures
Residents seek respite from the heat as temperatures above 40C (104F) have been recorded for a third consecutive day in Beijing for the first time
China taking steps to shore up exports
BEIJING: Tech-intensive green products, supportive policy measures and private companies’ expansion in emerging markets will effectively drive the exports of China’s foreign trade powerhouses in the …
Growing wearables production in India bleeds China units
Top wearables brands such as Boat and Gizmore are making most products locally in key categories audio and smartwatch through electronics contract manufacturers such as Dixon Technologies and Optiemus …
Beijing slams US indictments of firms over fentanyl
Beijing: US authorities were criticised for charging four Chinese companies and eight individuals with trafficking chemicals used in manufacturing fentanyl, calling the arrests “arbitrary detention”.
He Was Once China’s Richest Man. Then He Lost $40 Billion.
Photo Illustration by Luis G. Rendon/The Daily Beast/GettyIn September 2013, a cadre of Western A-listers followed the money to Qingdao, China, where billionaire Wang Jianlin was breaking ground on a mini-rival to Hollywood that would…
China refiners stoke petrochemical glut in market-share war
China is relentlessly adding new petrochemical capacity despite a global glut as the country’s refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak economic growth saps demand.
Majority of Americans support increasing US military presence near Taiwan to combat China threat: poll
A majority of Americans said they would support an increase of U.S. military presence around Taiwan as a way to help the self-governing island combat threats from China.
China’s Ruoning Yin claims Women’s PGA with birdie on final hole
Ruoning Yin becomes the second player from China to win a major after she sinks a birdie putt on No. 18 to claim the Women’s PGA Championship by a stroke.
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