During the Shanghai Cooperation Organization summit in Pakistan, Moscow and Beijing said they would cooperate further in the future.
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Sinopec raises output from east China shale oil field
Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, now pumping 1,600 metric tons per day (11,680 barrels per day), up from 100 tons in 2021, the state oil…
LVHM crashes 7.5% in worst plunge since COVID-19 over China’s luxury spending slowdown, stock down 21% YTD
LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers.
Moscow and Beijing announce further cooperation during international group meeting in Pakistan
Leaders and top officials from an international group founded to counter Western alliances met in Pakistan’s capital Wednesday, with Moscow and Beijing announcing they will boost cooperation.
China emerges as India’s top import source during April-September 2024
China has emerged as India’s top import source with USD 56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data. The imports …
China’s EV giants shine at Europe’s largest auto show while local rivals despair
The U8, which was making its European debut but is currently only sold in China, also comes with a drone that allows … would put pressure on Xpeng’s business model, the company was not backing…
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.
Alibaba and Baidu Invest in China Self-Driving IPO. How It Measures Up to Tesla.
Alibaba, Baidu and state-owned Beijing Financial Holdings are among the cornerstone investors who have agreed to take up 30% of the company’s shares ahead of the IPO. Intel and Volkswagen have …
Starmer and Sunak clash on China and foreign affairs at PMQs
He says China has carried out “unwarranted, aggressive and intimidatory” military exercises near Taiwan – will Foreign Secretary David Lammy use his forthcoming meetings in China to condemn this? The …
China moves to tax the ultra-rich for overseas investment gains
Some wealthy individuals have been summoned by the tax authorities for meetings. Read more at straitstimes.com.
China’s Outbound Investment Trends: Sources, Destinations, and Key Sectors
In 2023, China’s ODI rose by 8.7 percent to reach US$177.3 billion, making it the third-largest source of ODI globally.
China’s leader makes rare visit to province facing Taiwan following major war exercises
China’s President Xi Jinping made a rare visit to a province facing Taiwan following military exercises that mobilized China’s navy, air force, missile force and land troops to simulate a blockade of …
Moscow Fumes as US-Led War Games Reach Russia and China’s Doorstep
Moscow said Friday it had lodged a “strong protest” with Japan over a joint military exercise with the U.S. near the borders of Russia in the Far East region. The Russian Foreign Ministry said the…
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