So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of global economic activity, its tender is used in only 4% of international…
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Chinese EV Onslaught Will Wipe Out Some Western Brands Says CEO Of Chinese Owned Brand
“In the new world, there will be two or three very strong Chinese brands,” Samuelsson added. “That makes the room for the old ones tougher. So this will trigger a (wave of) restructuring. Some …
Zijin Gold targets over $30 billion valuation in Hong Kong IPO, sources say
Zijin Gold International, a wholly-owned unit of China’s mining giant Zijin Mining, is planning to start bookbuilding for its Hong Kong initial public offering next week, targeting a valuation of over …
Synopsys set to wipe out 2025 gains as shares tank on China business woes
(Reuters) -Shares of Synopsys fell nearly 35% on Wednesday, erasing the chip design software provider’s 2025 gains, as Sino-U.S. trade tensions hurt its quarterly revenue and left investors mulling …
China soybean imports at a record high in August, but not from U.S.
China imported a record volume of soybeans for August to build a buffer against possible shortages as a protracted trade war with the U.S. — its second-largest supplier — drags on.
Chinese EV Onslaught Will Wipe Out Some Western Brands Says Chinese-Owned Volvo CEO
Geely recently re-hired ex-Volvo CEO Hakan Samuelsson to lead the marque for the next two years. Volvo is investing heavily in battery-electric and plug-in hybrid-powered models. Its CEO suspects that …
China approves nature reserve at South China Sea shoal claimed by Philippines
China has approved the construction of a national nature reserve at Scarborough Shoal, a disputed territory also claimed by the Philippines in the South China Sea …
US Marines Boosts Presence on Strategic Islands Near China
The U.S. Marine Rotational Force-Darwin is tasked with responding to contingencies and crises in the Indo-Pacific.
China to Overtake Germany as World’s Top Importer of Piped Gas
China is set to overtake Germany to become the world’s biggest importer of pipeline natural gas this year, as the Asian nation bolsters its energy security.
China’s Unitree heats up humanoid robot race as IPO valuation reportedly hits $7 billion
Unitree’s listing plans could make it one of the earliest companies specializing in humanoid robots to go public.
Trump Faces Corporate Pushback As 122 American Companies In China Demand Tariff Relief Amid Revenue Volatility
Nearly half of U.S. companies operating in China are urging President Donald Trump to eliminate all tariffs on Chinese goods, according to a new survey released by the American Chamber of Commerce in …
China Starts Buying US-Sanctioned Russian Gas, Defying Trump
The Arctic LNG 2 natural gas site is subject to sanctions aiming to choke off revenue for Russia’s war against Ukraine.
Trump Weighs Crackdown on Medicines From China
Behind the scenes, major pharmaceutical companies and Trump-tied billionaires are furiously lobbying in opposite directions over proposed anti-China measures.
