Houthi militants have launched attacks in the Red Sea shipping lanes, increasing costs and disrupting production for Chinese firms in East Africa.
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China tightens travel restrictions for citizens
CNBC’s The China Connection newsletter: Tech controls expand to employees
China rejects AI slowdown calls as Trump dismisses guardrails
China pushes back on calls for an AI slowdown as Trump-Xi meeting looms
China also thinks AI could kill us. But first, it wants to match the US
China bristles at Anthropic CEO’s ‘fearmongering’ about its AI development
China’s tutoring crackdown has created a new black market
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Red Sea crisis sees China’s brisk business in Africa waver under high shipping costs amid Houthi attacks
HSBC’s shares slide as $3 billion China bank hit mars record profit
HSBC Holdings on Wednesday reported a shock $3 billion charge on its stake in a Chinese bank amid mounting bad loans in the country, sending the British bank’s shares plunging and taking the shine off…
China Slowdown Deals $3 Billion Blow to HSBC
LONDON—HSBC bet big on China to fuel its growth, a move that has now come back to bite it. The banking giant said it lost $153 million in the final three months of last year,…
Kazakhstan achieves agro-export breakthrough with China
The resumption of Kazakh meat exports comes as Astana reported a surge in grain supplies to China during 2023. But according to a AKP News report, bilateral agro-trade experienced sharp spikes and …
Exclusive: US targets China’s top chipmaking plant after Huawei Mate 60 Pro, sources say
The Biden administration is turning up the heat on China’s top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for …
China Echoes Putin’s War for History to Justify Claims in Asia
China’s top diplomat voiced historical grievances Saturday to justify the country’s claims in the South China Sea, some of which have brought it into conflict with its neighbors, including—most …
Abu Dhabi and Shenzhen sign innovative Twin City Agreement in boost to UAE-China bilateral ties
The strategic partnership formalised collaborations across various sectors including investment, technology, smart cities, and urban mobility A signing ceremony took place during the inaugural ‘Abu …
China’s Metal Demand Takes a Different Shape
The realization that China’s property bust is beginning to look semi-permanent isn’t welcome for big miners, which have long fed off the country’s housing demand. But although China is starting far …
HSBC shares dive after $3 billion writedown of China bank stake
HSBC led the London market lower on Wednesday after a $3 billion hit to its operations in China saw the banking giant’s quarterly profits dive 80%. HSBC also said it would also add $200 million…
China Falls Below Mexico As the Leading Importer of Goods to the U.S.
Another alternative is for companies to return to manufacturing in the U.S. (“re-shoring”), which would help with the supply-demand issues that the U.S. experienced after the COVID-19 pandemic. China …
China debuts latest Z-10ME attack helicopter at Singapore Airshow
Export version on display until Sunday said to feature ‘fire support’ for ground forces, and improved resistance and attack power Analysts say international first shows China is on the lookout for new …
China policymakers will struggle to give markets what they want, chief strategist says
Property developers have been at the center of the crisis in China, given construction restrictions during the Covid-19 pandemic and mounting financing issues due to a 2020 crackdown on debt reliance.
CNY box-office takings, travels hit record high in China, but consumer sentiment remains muted
While China lifted Covid-19 restrictions in late 2022, worries about new waves of infections had dampened travel sentiment during Chinese New Year in January 2023. This year, videos on social media …