Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing.
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Exclusive – China to raise refined fuel export allowance in July, sources say
June 25 (Reuters) – China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said. China is one of…
China makes new US warship target for missile tests, images show
China has built a new US destroyer replica at a remote missile-testing site in its northwestern desert, satellite imagery shows, a target analysts say could be used to test anti-ship weapons.
‘Salami slicing’: How China is trying to increase control in the Pacific
In a span of just a few weeks, China’s ships have carried out “law enforcement” activities farther from its mainland than ever before, mapped a highly sensitive seabed and conducted “research” inside …
China detentions widen Japan rare earth supply risks
China’s detention of Japanese workers over rare earth exports raises new supply chain, compliance and personnel risks for Asian manufacturers.
Strange new EV-makers keep appearing in China
Perhaps more surprising is that there are new entrants to the crowded Chinese EV market at all. No fewer than 143 EV brands sold at least one car last year. But 46 of them did…
NZ’s relationship with China takes stage at annual business summit
The 12th annual China Business Summit brings together business and political leaders to explore areas for cooperation amid deepening global uncertainty.
China’s crude imports plunge to lowest level since 2018
Chinese crude imports fell to their lowest level since 2018 as the country relied more heavily on strategic reserves and reduced purchases from major Middle Eastern suppliers, creating a bearish …
Nike Could Be Shaking Up Its China Business: Here’s How
Nike Inc.’s China business is in need of a shake-up — and the sportswear firm might have just figured out how to do it. December’s second-quarter earnings report saw declines in Greater China and the…
Is This How Nike Is Shaking Up Its China Business?
BNP analyst Laurent Vasilescu considers the risk for Nike if a media report is accurate about a plan to change distribution in China.
China’s 618 shopping festival growth slows sharply as consumer spending malaise persists
The latest consumer data reinforce how consumption in China remains subdued.
Watch live: Christopher Luxon faces questions at China Business Summit
The Auckland conference is expected to focus on New Zealand’s relationship with the Asian nation as well as the global fuel crisis.
China’s assertions of authority over foreign ships near Taiwan draw US rebuke
China’s coast guard this month began issuing commands to foreign vessels on Taiwan’s Pacific side, an action that the U.S. decried as “destabilizing.” …
