Exports fell to $281.8 billion as the decline accelerated from June’s 12.4% fall, the latest customs data showed.
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China hopes EU will ‘make fewer accusations’ on market access
US Launches Massive Air Force Drills With Eye on Pacific War With China
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan, Bloomberg reports
Exclusive: US-owned company seized to feed Russia planning to supply China, North Korea instead
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China automakers’ price war, overcapacity hurt finances
Republicans urge US universities to cut ties with China-backed scholarship program
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China exports plummet to lowest point since start of COVID pandemic as US firms turn away from rival amid tensions
China has a 31-point plan for private sector to kick-start economy. But are bruised business owners buying it?
After years of regulatory clampdowns and Covid curbs, China’s battered private sector is being urged to step up to the plate as the economy falters Despite top entrepreneurs’ chorus of support for 31-point action plan…
China’s CanSino in mRNA vaccine deal with AstraZeneca
AstraZeneca did not have an immediate comment on the announcement. In China, which has relied on locally produced COVID-19 vaccines rather than allowing mRNA products from foreign manufacturers to be …
Sailors accused of spying for China both detained without bond
Two Navy sailors accused of spying for China, Jinchao “Patrick” Wei and Wenheng Zhao, were denied bond during detention hearings in California on Tuesday.
China wants to limit facial recognition use, with exceptions
China is cracking down on the private industry’s use of facial detection software, while leaving room for the government to use it.
China’s exports are falling, and that’s a bad sign for the global economy
China’s exports fell 14.5% in July. The country’s trade data is a barometer for consumer spending around the world.
China’s record high 21% youth unemployment could actually be as high as 46.5%. Blame fake jobs and 16 million workers ‘lying flat’
In an attempt to fix misleading unemployment data, China is cracking down on universities that fudge employment numbers for their graduates.
Marketmind: China Seen Sliding Into Deflation
Moody’s cut ratings on 10 small- to mid-sized lenders by one notch and placed six banking giants on review for potential downgrades. After coming within 5% of their lifetime highs last month, the S&P …
Dwindling Trade Highlights China’s Shrinking Role as Workshop of the World
If you’ve seen fewer “made in China” labels on the products you buy, it’s no accident: trade between the U.S. and its biggest Asian trading partner has diminished as manufacturers have left China for …
China deflation risks could hit investors worldwide
August 8, 2023 (Investorideas.com Newswire) As China grapples with a serious deflation threat, investors worldwide must prepare for the fallout and adjust their strategies accordingly, warns the CEO …
China flirts with deflation. Why is that a bad thing?
While much of the rest of the world contends with inflationary pressures, many economists say China is tussling with the inverse phenomenon: deflation. What’s deflation, and what are the implications …
Oil edges up on higher US economic growth outlook; China import slump weighs
Oil prices edged higher on Tuesday as a U.S. government agency projected a rosier outlook on the economy, but bearish data on China’s crude imports and exports weighed.
China’s chip imports fall 17 per cent by volume in first seven months amid ongoing tech war
China’s IC imports fall 17 per cent by volume in first seven months, showing a slight improvement from 18.5 per cent drop in first half, despite trade restrictions.
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