ArcelorMittal SA said exports from China left the steel market in an unsustainable position, as the world’s biggest producer outside of the Asian country reported a fall in second-quarter profit.
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Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America
The ride sharing giant Uber and Chinese automaker BYD say they have agreed on a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America.
Exclusive: China securities official expected to lead Shenzhen stock exchange, say sources
Li Jizun, a civil servant who is currently director of the general office at the China Securities Regulatory Commission (CSRC), is expected to become general manager of the 27-trillion-yuan ($3.73 …
China Fumes As U.S.’s NATO Ally Sails Warship Near Coast
Canada-China relations faced challenges again as Beijing said Ottawa “undermined peace” in the contested Taiwan Strait by sending a warship there on Wednesday. Canada’s military announced that HMCS …
China plans to strengthen intelligent connected vehicles’ OTA upgrade
China’s industry ministry on Thursday published draft rules on recalls and over-the-air software upgrades of intelligent connected vehicles, aiming to strengthen supervision of OTA upgrades that have …
Asia’s crude oil imports drop in July as China stays weak
Asia’s crude oil imports dropped to the lowest in two years in July as demand remained weak in top importer China and eased in number two India.
China discounts its way to record solar module exports
China adopted classic cutthroat pricing to shift a record 120,427 megawatts (MW) of solar module capacity exports in the first half of 2024, ensuring the country remains the dominant solar supplier …
BMW’s Key Automotive Unit Held Back by China Struggles
BMW’s automotive unit reported slightly lower-than-forecast profitability in the second quarter as revenue was weighed by heightened competition and weaker consumer sentiment in China.
Germany made groundless accusations about China-related cyber threats, says Chinese embassy
China said Germany has publicly made groundless accusations against it about “so-called cyber intrusion,” the Chinese embassy in Germany said.
HEDGE FLOW Hedge fund allocations to China hit five-year low
China, the world’s second-largest economy … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
China records hottest month in recent history
China had its hottest month in observed modern history in July, Chinese state media reported, mirroring record hot weather seen around the world last month.
China trade promotion agency inaugurates new office in US
“This year, CCPIT’s Rep. Office relocated to this new place, closer than before to the White House, U.S. Department of Commerce, U.S. Chamber of Commerce, USCBC (United States-China Business Council), and other important government departments…
China doping controversy casts a shadow over Olympic swimming
The former gold medalist won two bronzes as China fights to best rivals like the United States and Australia. But the wins for Zhang, dubbed China’s “butterfly stroke queen,” have come under scrutiny …
