The group representing China’s auto manufacturers has retracted a pledge to avoid “abnormal pricing” that it had brokered between 16 automakers, including Tesla , breaking off a truce in a brutal price war over electric…
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Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Shenzhen Expressway Co Announces Director Resignation and Committee Restructuring
China war over Taiwan would trigger global financial crisis
Japan’s Leader Gets Off to Rocky Start With China
3 Chinese nationals charged with smuggling Nvidia, HP chips to China
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Explainer: What’s behind China’s failed ‘truce’ in EV price war?
(Yonhap Feature) N. Korean defectors say ordeal in China worsened due to COVID-19 pandemic
Three North Korean defectors who recently arrived in South Korea after living on the run in China said their ordeal significantly worsened due to strict restrictions during the COVID-19 pandemic, …
Despite significant disagreements between China and the US, the world is ‘big enough for both countries to thrive’: Janet Yellen
During her trip, Yellen sought greater cooperation with China on funding to tackle the climate crisis and resuming the high-level talks that have faltered since the COVID-19 pandemic, per the …
Yellen holds candid, constructive talks, asked to address China’s concerns on economic suppression: Finance Ministry
US Treasury Secretary Janet Yellen concluded her four-day China visit on Sunday following candid, pragmatic, in-depth and constructive. During the talks, the Chinese side expounded the mutually beneficial nature of China-US economic ties,
China calls on US to take ‘practical actions’ over sanctions
China called on the U.S. to take practical actions in response to its “major concerns” over economic sanctions the Whitehouse has applied on Chinese firms and agreed to keep channels of communication open,
Analysis-Yellen’s China trip yields long meetings, ‘cordial’ tone, but no consensus
U.S. Treasury Secretary Janet Yellen went to Beijing with no expectations that meetings with China’s new top economic officials would immediately ease tensions between the world’s two largest economies.
Six dead in China kindergarten stabbing
Six people have been killed and one injured in a kindergarten stabbing in China’s south-eastern Guangdong province, police tell the BBC. Police said they have arrested a 25-year-old man with the surname Wu. The victims…
Jack Ma’s run-in with Beijing not only saw him disappearing for over 2 years, it also cost his companies over $850 billion
Beijing announced a $985 million fine for Ant Group — an Alibaba affiliate — signaling an end to a years-long regulatory crackdown.
China Should Shift Stimulus to Consumption, Ease Residency Curbs -PBOC Adviser
“The target of our stimulus should shift from investment to consumption, which can more directly correspond to our actual economic bottlenecks and weaknesses,” Cai Fang, an adviser to the People’s …
China property developer Kaisa faces Hong Kong lawsuit seeking to wind it up
Chinese property developer Kaisa Group said on Monday a winding-up petition has been filed against it in a Hong Kong court in relation to 170 million yuan ($23.50 million) non-payments on onshore …
European Chamber of Commerce urges Beijing to extend expat employee tax breaks for housing, education amid fears of exodus of talent
It is estimated that a foreign company would pay an extra US$110,800 in taxes for a foreign employee with two children if the exemptions were scrapped ‘The Chinese government is advised to address the matter…
Gallium prices jump as buyers lock in supply before China export controls
Gallium and germanium play a vital role in various critical industrial sectors such as satellite, solar cells and semiconductors.
Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over
Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against the Jack Ma-founded Ant Group appeared to signal the end of a regulatory crackdown on the country’s …