Online Writer Shenzhen, China— President Emmerson Mnangagwa has visited BYD Auto, a leading manufacturer of new energy vehicles, during his tour of China ahead of the Forum on China-Africa Cooperation …
Tagged By beijing
China’s top airlines post losses, hit by slow international travel and domestic oversupply
China’s leading state-owned airlines posted losses in the first half of the year, weighed down by a slower-than-expected international travel rebound, domestic oversupply and more intense competition …
ASML’s China Business In Crosshairs Of Dutch Government: Semiconductors At Center Of East-West Tensions
The Netherlands’ recently elected prime minister is expected to block ASML Holding NV (NASDAQ:ASML) from assisting Chinese companies with repair and maintenance services. Dutch company ASML is a top …
CHINA-TIANJIN-BUSINESS ENVIRONMENT-GLOBAL COMPANIES (CN)
This photo taken on Aug 29 2024 shows a store of AEON MALL a Japanese shopping center operator in Xiqing Distri …
China’s factory activity seen extending declines in Aug – Reuters poll
China’s factory activity likely shrank for a fourth month in August, a Reuters poll showed on Friday, reinforcing the need for officials to direct more stimulus towards households and less to building projects.
China’s Zeekr targets global markets with its electric SUV, priced to undercut Tesla’s Model Y
Zeekr will launch its first midsize electric SUV, the Zeekr 7X, in China on Sept. 20, starting at $33,700, to compete with Tesla’s Model Y. The Zeekr 7X offers two battery options, providing a range…
China state banks buying dollars amid rapid yuan gains, sources say
Major state-owned banks were buying dollars in China’s onshore foreign exchange market on Friday to slow down a rising yuan, four people with knowledge of the matter said.
China’s home price outlook for 2024, 2025 worsens
China’s home prices will fall at a faster pace that previously forecast this year and next, a Reuters poll showed, as support policies from Beijing struggle to help the property sector find a bottom.
Evolving housing needs unlock fresh prospects for China’s property revival
In its latest move to address the challenge, China is piloting a housing pension system in 22 cities including Shanghai, which aims to better facilitate existing housing upgrade and enhance people’s …
Inside China’s Fragmented Beauty Market
Global beauty players face challenges such as an increasingly fragmented online retail environment, Douyin’s drag on pricing power and agile local alternatives.
China considers allowing refinancing on $7 trillion in mortgages, sources say
BEIJING – China is considering allowing homeowners to refinance as much as US$5.4 trillion (S$7 trillion) in mortgages to lower borrowing costs for millions of families and boost consumption.
Exclusive: Russia payment hurdles with China partners intensified in August, sources say
Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo, Russian sources with direct …
Cheap ‘dupes’ promise Chinese shoppers the quality of brands like Lululemon and Hermes—without the logos
are appearing in closets across China for a fraction of the price. Known in Chinese as “pingti” and Gen Z shopping parlance as “dupes,” their popularity reflects a backlash against brands among …
