The deal comes in the year that marks the 60th anniversary of the establishment of diplomatic relations between China and France.
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L’Oréal Invests in Chinese Fragrance Brand To Summer
BASF sells stakes in two China ventures after reports of human rights abuses
German chemical company BASF says it’s speeding up the sale of stakes in two joint ventures in China after its local partner was accused in media reports of human rights abuses …
The Cold With China Over AI Dominance Is Already Here | Opinion
At the moment, U.S. companies have, with $3 billion, powered China’s advances in both semiconductors and artificial intelligence.
China’s Real Estate Nightmare Isn’t Over Yet, Professor Warns
China’s recovery from its property sector crisis depends largely on Xi Jinping’s willingness to shoulder some of the responsibility, one analyst says.
China bank loans hit all-time monthly high, with 4.92 trillion yuan doled out in January
As China makes strides to invigorate economic growth, its aggregate financing reached 6.5 trillion yuan in January – a year-on-year increase of more than half a trillion.
China January new bank loans hit record high on policy support
New bank loans in China jumped by more than expected to an all-time high in January, as the central bank moves to shore up the sputtering economy. Policymakers have pledged to roll out more measures…
Is China now an ‘alternative’ investment?
An engine of world growth for 20 years, the largest consumer of commodities and world’s number two economy has somehow slipped into “alternative investment” buckets for many global investors.
China’s tepid rebound has left luxury shops relying on U.S. demand
Just over a year after China ended its COVID-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to expectations. L’Oreal shares tumbled as much as 7.7% …
China South City flags potential default on Oct 2024 notes payment
Property developer China South City Holdings said on Friday it is likely to default on the mandatory redemption payment due on Feb. 9 for its 9% Senior Notes due October 2024, citing depressed sales …
Nissan erases almost $2 billion in market value as China worries deepen
Shares in Nissan Motor tumbled 12% after quarterly earnings undershot expectations and it cut estimates for car sales due to stiff competition in China.
Ex-TikTok exec says China-based boss fired her because ‘he believed women should be quiet’: lawsuit
“At every step, Ms. Puris reported the discriminatory treatment and sexual harassment she faced — to her managers, Human Resources and Employee Relations — and the Company, taking its directives from …
Beijing government releases commercial space action plan
Beijing government releases commercial space action plan Beijing’s municipal government has released a set of policies to foster an innovative commercial space ecosystem in the city over the next five …
China’s Political Power List Hints at Fate of Disappeared Official
China’s former Defense Minister Wei Fenghe was absent from a prominent list of retired Chinese political figures, fueling speculation about his fate. Wei was missing from an official list of prominent …