The threat of secondary sanctions are working, Deputy Treasury Secretary Wally Adeyemo told Reuters. Finance flows to Russia have withered as global institutions don’t want to lose dollar access. That …
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China’s swimming prodigy draws global praise and a note of caution
Beijing renews rainstorm alert; residents urged to avoid mountain, water activities amid flood risks
Shenzhen holds event to mark 100-day countdown to 15th National Games
Beijing gears up for 2025 World Robot Conference with robotics innovation
Travel warning issued for China amid mosquito-borne virus outbreak
China Hangover Hits Anheuser-Busch InBev: Q2 Miss Sends Stock Down 11%
Trump’s AI Strategy Against China Gets Its First Big Test
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Financial flows to Russia are drying up as global banks fear losing access to the US dollar, Treasury official says
China’s economy is unravelling at a pace previously thought unimaginable. Where does that leave Australia?
After China’s property market implosion, there are growing fears its banking and financial system may be impacted too. It’s further proof that China’s economy is unravelling at a pace previously …
China’s aviation boon, driven by C919 and Airbus plant, an opportunity South Korean firms ‘must pursue’
South Korea’s national trade and investment promotion agency says China is moving aviation parts supply chains from North America and Europe to neighbouring countries.
China accused of exporting deadly Glock switches to destabilize US with violence
They also seem unmotivated to stop the deceptive production and distribution practices that are used to evade US authorities.”Schweizer accused the Biden administration of being too preoccupied with …
Deflation: China’s latest export has gathered strength
Goods prices are softening while those of services harden in a global situation that’s unprecedented. There is a strong (deflationary) gust blowing from the East. Last month, Chinese consumer prices …
Why Margaret Zhang Leaving Vogue China Is Controversial
Margaret Zhang spent three years as the editorial director of Vogue China and now she’s leaving (her Condé Nast contract ends this spring and won’t be renewed). Zhang announced her departure today on …
US Chamber of Commerce chief visiting China this week, spokesperson says
Meetings between U.S. Treasury and Chinese financial officials in Beijing in January concluded … that Treasury Secretary Janet Yellen looked forward to a return visit to China at an “appropriate …
China’s BYD unveils Yangwang U9 to rival Ferrari and Lamborghini
China’s BYD, a maker of hybrid and battery electric cars, has unveiled its costliest car yet priced at 1.68 million yuan ($233,450), positioning it as a fully electric supercar to compete directly …
US Chamber CEO Visits China in Sign of Warming Business Ties
The head of US Chamber of Commerce is visiting China this week to meet with Chinese and American officials and executives, the latest sign of improving ties between the world’s two biggest economies …
Beijing attaches ‘great importance’ to Hong Kong as country’s global finance hub, Xia Baolong tells local regulators
Treasury minister Christopher Hui says Xia Baolong, Beijing’s point man for Hong Kong affairs, also called for greater focus on city’s offshore renminbi market Xia also used meeting with finance …
Chinese investment bank joins chorus of experts as calls for fiscal stimulus intensify
In a recent research report, China International Capital Corporation determined a direct fiscal stimulus is the best course of action for economic growth this year, after several rounds of credit …
US lawmakers demand import ban on goods bought on Chinese app Temu over alleged forced labor: report
US lawmakers are calling for a ban on all imports of goods sold on China-owned shopping app Temu, citing concerns that the fast-growing company hasn’t done enough to crack down on forced labor. Rep.
iOS 18’s AI Features Could Revive iPhone Sales in China
In December 2023, Apple reportedly saw a 13% decline in revenue in China, following months as the top smartphone brand in the country by shipments, and there have been further reports of even more …