European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.
Featured Posts Title
China’s risky challenge to Japan — and the US
Japan’s New Leader Mentions Taiwan, and Tanks Her Relationship With China
Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Shenzhen Expressway Co Announces Director Resignation and Committee Restructuring
China war over Taiwan would trigger global financial crisis
Recent Posts
European companies in China are under pressure from slower growth, overcapacity
Why China’s tolerance for a cheaper currency may be temporary
Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan …
South China Sea: Philippines sounds alarm about coral reef damage related to Beijing’s reclamation activities
Maritime assessment in March shows coral reefs on Pag-asa Island severely degraded, with debris around the area indicating the damage is man-made China’s reclamation activities and swarming of its maritime militia vessels are the biggest…
China’s economy is showing some strong signs of comeback
April’s export data from China surpassed expectations, signaling a potential revival in global trade after a sluggish 2023. This report highlight China’s …
European companies are less upbeat about China’s vast market as its economy slows
China is actively seeking foreign investment to boost its slowing growth, but that very sluggishness is weighing on company plans to grow their businesses in the world’s second largest economy, an …
In China, business sentiment plunges to ‘all-time low’, EU Chamber of Commerce finds
European firms have been revising expectations for the Chinese market while planning for a projected economic slowdown, further adding to China’s challenges and ‘setting a negative cycle in motion’.
China-developed text-to-video large AI model unveiled in Beijing
Vidu, a text-to-video large AI model capable of creating a 16-second, high-definition video in 1080p resolution with a single click, was unveiled in
Beijing, Budapest upgrade partnership
China and Hungary elevated bilateral ties to an all-weather comprehensive strategic partnership for the new era as the two nations pledged to deepen cooperation in sectors including infrastructure development, artificial intelligence and nuclear energy.
European firms souring on China, lobby group warns
The proportion of European firms that rank China as a top investment destination has hit a record low, a European business lobby group said on Friday, warning that it could take years to restore confidence…
US blocks some Intel, Qualcomm exports to China over Beijing’s objections
The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.
Beijing slams US for calling Hong Kong protest song ban blow to judicial independence
Beijing expresses ‘strong dissatisfaction’ as Washington describes ban on ‘Glory to Hong Kong’ as blow to city’s judicial independence.
Analysis-Why China’s tolerance for a cheaper currency may be temporary
Currency markets are reading subtle signals from Chinese authorities as an indication they are slowly nudging the yuan lower to regain export competitiveness, but analysts say protracted yuan weakening is neither the intent nor desirable.
Domestic tourism soars in China but foreigners stay away
Yet a key exception is emerging in the form of domestic tourism. Last week’s five-day public holiday to mark labour day saw 295 million trips made within China, according to figures from the Ministry of…
