China’s industrial firms posted higher profits in the opening months of the year, official data showed on Wednesday, reinforcing signs that an economic recovery was gaining traction despite persistent …
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China’s industrial profits return to growth as conditions stabilise
China Engineering Ready to Export Desert Mega-Bases to the World
China’s top engineering firm for energy projects says it’s ready to pitch the concept of desert mega-bases to other countries looking for integrated power solutions.
Dutch PM set for high-stakes China talks on chip export policy
Dutch Prime Minister Mark Rutte is set to meet with Chinese President Xi Jinping on Wednesday in Beijing for talks expected to be dominated by economics as new Dutch policies on chip exports to China…
China jolts US at WTO with complaint over ‘discriminatory’ EV subsidies
China has lodged a grievance against US electric vehicle subsidies at the World Trade Organization, alleging ‘discrimination’ in selective treatment for products depending on the venue of their final …
Hong Kong stocks tumble as Alibaba’s scrapping of logistic unit IPO weighs on sentiment
Hong Kong stocks underperformed the region as sentiment was dealt a blow by the cancellation of a Hong Kong IPO of Alibaba Group’s logistic unit and a cautious outlook from electric vehicle maker BYD.
Jan-Oct foreign investment in Shenzhen manufacturing surges nearly twofold
According to the report, Shenzhen showcased its magnetic pull for foreign investment in 2023 with the city’s endeavors to refine its business milieu to global standards and as a result, 7,258 new …
China invests in green, transition finance systems and frameworks
The regional leader in green bonds will keep looking at labelling and internationally aligned standards, such as the common ground taxonomy with the EU, experts discussed at ICMA’s inaugural summit.
China’s anxious jobseekers face reality as career aspirations vanish, youth unemployment pressure remains
Young jobseekers in China are grappling with disillusionment within the grim employment market, while Beijing is eager to maintain social stability and boost consumption.
Alibaba scraps Cainiao IPO plans, proposes acquisition: ‘Poor market conditions’
China’s e-commerce pioneer Alibaba Group Holding Ltd. decided to postpone the transaction because of poor market conditions.
China’s industrial profits rise 10.2% in Jan-Feb
China’s industrial firms posted higher profits in the opening months of the year, official data showed on Wednesday, suggesting an economic recovery was gaining momentum despite persistent …
China ‘Very Close’ to Ending Australia Wine Tariffs, Business Chief Says
The Chinese government is “very close” to lifting the heavy tariffs on Australian wine imports, a business lobby said, while tempering expectations about all producers returning to the market after …
European flying car technology sold to China
The tech behind a flying car, originally developed and successfully test-flown in Europe, has been bought by a Chinese firm. Powered by a BMW engine and normal fuel, the AirCar flew for 35 minutes …
Apple iPhone shipments in China fell 33% in February, state data show
It extends a slump in demand for the iPhone in its most important overseas market. Read more at straitstimes.com.
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