A new round of “China shock” appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.
Tagged By beijing
China and India lead modest revival in Asia thermal coal imports: Russell
There are some tentative early signs that weak thermal coal prices are starting to boost import demand among Asia’s heavyweight buyers China and India.
New COVID-19-like Chinese Virus Is Just a Small Step Away from Triggering a Pandemic, Scientists Warn
A dangerous new coronavirus discovered in China could spark the next pandemic, American scientists have warned. According to researchers from Washington State University, the new HKU5-CoV-2 virus is …
China Warns BYD, Rivals to Self-Regulate on Price War Woes
Chinese officials summoned the heads of major electric vehicle makers, including BYD Co., to Beijing earlier this week to address concerns about the long-running price war, according to people …
New COVID-19 variant in China just ‘small mutation away’ from a pandemic, warn scientists
The pathogen detected in the virus is closely linked to MERS, an extremely lethal virus that can kill upto a third of its affected.
Trump, Xi talk by phone and agree to U.S.-China meeting
News of the call came as new data showed U.S. goods imports dropped significantly in April as sweeping tariffs rolled out.
Hong Kong IPO Rules Tested as China Firms Weigh US Delisting
Hong Kong is under growing pressure to loosen its rules so that more Chinese companies can shift their listings to the city from the US, part of the fallout of rising distrust between Beijing and…
After CATL’s IPO spark, China’s EV leaders bank on Hong Kong for growth funds
China’s top smart mobility firms like Chery Auto, Seres Group and Hesai eye Hong Kong market to fund global expansion plans More than a dozen smart mobility companies from mainland China are making a …
Oil settles up as US, China teams to meet following Trump, Xi trade call
Oil prices settled higher on Thursday, recovering from the previous day’s drop, on news that the U.S. and China agreed to more trade talks following a phone call between U.S. President Donald Trump and Chinese…
China to ban owning Bitcoin? Gate.io to pay $30M over liquidations: Asia Express
Asian media outlets report unverified rumors of Chinese ban on owning Bitcoin, Gate.io faces $30M bill after perps liquidation fiasco.
U.S. Imports, Deficit Plunge From March Surge, Affecting These Nations
On a YTD basis, U.S. trade was a record $1.94 trillion, exports a record $711.20 billion, imports a record $1.22 trillion, and the deficit a record $512.98 billion.
Burger King looks for a fix in China
The fast-food chain’s parent company, Restaurant Brands International, wants to get to 5% unit growth for its concepts by 2028. To do …
China And Tariff Headwinds Could Cause General Motors To Break Down
General Motors profits face risks from declining China sales, trade tensions, and rising costs. Click here to read an analysis of GM stock now.
