BRICS summit is taking place in Johannesburg, South Africa, and includes heads of state from aspiring members such as Iran and Saudi Arabia as the bloc looks to expand.
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China/Russia-led bloc takes on dollar, Western influence as Putin dodges summit over arrest fears
Chinese soy buyers see imports peaking at 100 mln tns for coming years
Sun Lige, vice-president of China’s Wellhope Foods Company Ltd 603609.SS, said on the sidelines of Soy Connext conference that the Asian country will probably import 100 million metric tons of …
China’s baby diaper brands gain budget-conscious fans at home
SHANGHAI — China’s market for baby diapers is undergoing a major shift as young parents leave behind Japanese and other foreign premium brands they previously favored and embrace high-performing yet …
Xi says China ready to import more from ‘strategic partner’ South Africa
Chinese President Xi Jinping says China stands ready to import more quality products from South Africa, while also encouraging Chinese enterprises to invest in the country, which he described as a …
US–China Chip War: The Nexus Of High Tech And International Relations
Martin Ehl (2020, November 23). Modern Semiconductors. … [+] https://visegradinsight.eu/high-time-new-technological-alliance/ Besides smuggling, increased import …
Popeyes relaunches in China with 1,700-store expansion plan, menu aimed at Chinese palates
The brand, which aims to open 1,700 locations across China, is reportedly under an agreement with Tim Hortons China to re-introduce the Louisiana fried chicken chain to the East Asian country. The …
Analysis-Arm’s clients turn IPO into tug of war for chip influence
BEIJING (Reuters) – A scramble by Chinese policymakers to tackle a debt crisis in the property sector and shore up the economy is set to deal a blow to the… (Reuters) – SoftBank Group-backed Arm…
China’s Xi Skips Scheduled Speech to BRICS Business Forum
Chinese President Xi Jinping skipped a business forum in South Africa where he was scheduled to deliver a speech, sending Chinese Commerce Minister Wang Wentao instead. Most Read from BloombergMusk …
China-based BRICS bank aims to de-dollarize debt by expanding local currency lending
The New Development Bank has plans to expand lending in Brazilian, South African, and Indian currencies, as an alternative to the dollar.
China confirms visit by US commerce chief Gina Raimondo as Chinese firms taken off export blacklist
Confirmation follows US removal of 27 Chinese entities from its ‘unverified list’ involving trade restrictions Beijing hails move as proof that ‘communication on the basis of mutual respect’ works …
China fines Mintz $1.5 million for ‘unapproved’ work, after raiding its Beijing office
China fined U.S. firm Mintz Group about $1.5 million for doing “unapproved statistical work”, said a Beijing Municipal Bureau of Statistics notice, after a raid of its Beijing office sparked worries …
India Sees a Shadow-Banking Boom Despite China’s Funk
Tycoon Ambani’s lending unit gets off the ground with a $19 billion valuation. Bajaj Finance, the current leader, is gunning for 30% growth.
America’s exposure to an economic crisis in China is ‘surprisingly small,’ according to Nobel economist Paul Krugman
“But in economic terms, we seem to be looking at a potential crisis within China, not a 2008-style global event.” …