Vehicles were banned from leaving or entering the city except for essential cars with official clearance the Erenhot health authority said in a statement on Monday …
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Shares of China’s Xiaomi jump 5% on news it will mass produce its own electric cars in 2024
In March, Xiaomi announced its entrance into the electric car race and said it plans to invest $10 billion into the business over the next 10 years.
Tech stocks help Asian markets shake off China blues
Asian shares bounced on Tuesday, led by technology names across the region and as Chinese markets clawed back ground lost after disappointing economic data, while the improved investor confidence …
The Guardian view on China’s missile launch: the arrival of a peer competitor
Editorial: Unlike the Soviet Union, China is an economic, technological and military challenger to the US. That raises questions – especially for Taiwan …
China’s economic growth could see a ‘sharp slowdown’ after 2022, says professor
Michael Pettis of Peking University says growth in consumption would likely not fall as much even as China’s GDP growth would “drop a lot.” …
Imports from China: After over a year, has call for boycott of Chinese goods fizzled out for MSMEs?
Imports from China were up 51.5 per cent from $45.17 billion during the first nine-month period of 2020 to $68.46 billion for the corresponding period of 2021.
China sees continuous growth in imports and exports during first three quarters of 2021
China’s foreign trade in goods registered a total value of 28.33 trillion yuan ($4.4 trillion) during the first three quarters of 2021, up 22.7 percent year on year and a 23.4-percent increase …
Sephora China zooms in on homegrown brands
Sephora China included a C-beauty showroom at its recent Sephora Day event, part of a wider launch of more than 240 new beauty products aimed at Chinese shoppers, including newness from seven locally …
China Digest: Abbisko raises $225m in HK IPO; Trustar Capital backs Intramco
Chinese biopharmaceutical firm Abbisko Therapeutics has floated shares in Hong Kong, while Trustar Capital has invested in Netherlands’ electric vehicles (EV) charging components major Intramco.
For Chinese-Australians, Beijing dispute is bad for business even if bid to ‘weaponise’ trade has crumbled
Small business owners say bilateral tensions, worsened by the Aukus pact, have made Chinese consumers less accepting of Australian products even if the hit to exports has so far been limited. Frayed …
China still has room for some stimulus if needed, says economist
Tian Zhu from the China Europe International Business School discusses policy options for China’s central bank in the wake of problems in the property market, which he says is facing a dilemma.
Consumption is not a major growth driver for China’s economy, says China Beige Book
Leland Miller of China Beige Book International says the research firm has not seen the retail sector become a major growth driver of the Chinese economy. The government is also not making structural …
China property, construction sectors contract for first time since Covid-19 hit
China’s real estate and construction sectors shrank in the third quarter for the first time since the early stage of the pandemic, official data showed today, as they face increasing pressure from a …