French drinks company Pernod Ricard cut its 2025 and longer-term outlook on Thursday, citing challenging market conditions in China, particularly for its Martell cognac brand.
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Drinks maker Pernod cuts sales forecast on poor outlook for China
China’s U.S. ethane imports to surge in 2025 in drive to cut costs
Despite a growing trade war between Washington and Beijing, China’s ethane imports from the U.S. are set to surge this year as big petrochemical producers battling shrinking profits switch to the …
China’s social media reels at Musk’s ‘bioweapon theory’ for Covid-19 pandemic
Chinese internet users react to claim that USAID-funded research led to creation of the virus, contradicting scientific consensus.
China’s ‘food and mouth disease’ threatens a crisis of global consequence
China’s insatiable appetite for exotic and laboratory-treated animals has repeatedly served as the breeding ground for pandemics.
BYD Shares Rise Sharply Amid Mass-Market Autonomous-Driving Tech Hopes
Shares of BYD rose sharply in China and Hong Kong amid hopes that the Chinese carmaker will make autonomous-driving technology more affordable. The automaker’s Hong Kong-listed shares rose 12% to 315.
Chinese Stocks End Higher as Investors Await Tariff Developments
Chinese shares ended higher, with the Shanghai Composite Index rising 1.3% to 3270.66. The Shenzhen Composite Index added 2.3% to 1964.55 and the ChiNext Price Index gained 2.8% to 2120.75. Investors …
China’s Rival Wants US Radar Planes To Track Chinese Stealth Jets
The E-2D Advanced Hawkeye airborne early warning aircraft can track over 3,000 air and ground targets simultaneously.
Innovation in China’s AI can only partially offset its structural issues, Goldman strategist says
Kinger Lau, chief China strategist at Goldman Sachs, discusses the outlook for China’s economy and market in light of U.S. tariffs and advancements in artificial intelligence.
Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness’ in China
“We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” Volvo Cars CEO Jim Rowan told CNBC.
After DeepSeek leap forward, Russia’s Sberbank plans joint AI research with China
Sberbank, Russia’s biggest bank, plans to collaborate with Chinese researchers on joint AI projects after DeepSeek upended the technology landscape by creating a powerful AI model much more cheaply …
Europe could be a big loser in US-China trade war, ECB warns
European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that the U.S. administration’s trade war with China could have a …
China tariffs may already be hiking up import fees
A Trump administration order over the weekend added a 10 percent tariff to goods from China and closed the de minimis exception, a loophole that lets packages valued under $800 enter the US duty-free.
China’s ‘lifeline’ labs and rich Asians’ crypto craze
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the U.S. Entity List in 2022, conduct trials and test samples.
