Chinese top copper smelters agreed in a meeting on Wednesday to cut production at some loss-making plants to cope with a shortage of raw material, two sources close to the matter said.
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China’s top copper smelters agree to production cut amid raw material tightness, sources say
China says US TikTok ban ‘an act of bullying’ that would backfire
China has described a potential TikTok ban as “an act of bullying” that would backfire on America.
China Fumes as India’s Modi Visits Contested Border
Prime Minister Narendra Modi visited Arunachal Pradesh to inaugurate the strategic Sela Tunnel, which has irked China.
China’s Quant Funds Didn’t See Beijing’s ‘National Team’ Coming
China’s $200 billion quant-fund industry made winning bets on small stocks. Their luck ran out when a state-backed “national team” stepped in to prop up the bigger end of the market. Overall, Chinese …
Beijing Is Expected to Unveil GDP Target Around 5% — A Goal Now Harder to Achieve
Investors will closely scrutinize policy priorities and stimulus signals as Beijing is expected to announce an annual growth target of around 5% — the same as last year but one that will be …
South Korea to review risky financial products after China market slump triggers more than US$4 billion in losses
South Korea plans to review the sale of potentially high-risk investments after a probe found that banks mis-sold China-linked structured products, exposing retail investors to more than US$4 billion …
Is China falling out of love with Apple and Tesla?
China is Apple and Tesla’s largest market outside the US. But the American giants have reasons to worry, as the Communist nation shifts to local brands. Chinese consumers are ditching the iPhone for h …
Apple spent 10 years trying to launch a car. China’s Xiaomi just did it in 3.
Xiaomi is set to start selling its first EVs later this month, successfully venturing beyond smartphones after Apple ditched its own EV project.
Nearly 8 in 10 in Philippines Would Fight Over China-Claimed Territory
Manila is stepping up patrols in disputed waters and embarking on a decade-long military modernization campaign as tensions in the South China Sea escalate.
China cbank adviser calls for structural reform to spur 2024 growth
China should rely more on structural reforms and less on economic stimulus to drive economic growth this year, Liu Shijin, a policy adviser to the central bank, said on Wednesday. Liu, a member of the…
As trade with China booms, some Russian companies are flourishing
Business at Nikita Minenkov’s logistics company, based near the Amur River that marks the border between Russia and China, was going well. Since Moscow’s invasion of Ukraine it’s gone even better – …
China to Increase Ratio of IPO On-Site Inspections, Insiders Say
According to various reports, the proportion of IPO on-site inspections will increase to 20 percent or 30 percent from 5 percent.
Deadly China restaurant blast rocks city near Beijing
A deadly suspected gas explosion ripped through a residential neighborhood in northern China on Wednesday, leaving a scene of devastation.
