Sequoia isn’t new to controversy, as its China business has come under scrutiny in recent years. Now, the U.S. House Select Committee on the Chinese Communist Party wants to investigate Sequoia’s …
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Nestlé is closing an infant formula factory as China’s birth rate plunges
Nestlé plans to close a plant in Ireland that makes baby formula, citing a sharp drop in China’s birth rate, in a fresh example of the far-reaching implications of China’s demographic crisis.
China’s new home prices extend declines, defying broader recovery
China’s new home prices fell for the third straight month in September, official data showed on Thursday, dashing hopes of a turnaround in demand during a traditionally peak home buying period despite efforts to revive…
Philips CEO: China business, supply chain undergoing major changes
Making more products for China locally and buying chips from several suppliers are just two of the supply chain changes Dutch healthcare technology firm Philips is making due to rising trade tensions,
Shein, the fast fashion darling mulling a U.S. IPO, opens up about forced labor, data privacy
The company is facing increasing pressure from lawmakers, including an investigation from the newly formed House Select Committee on the Chinese Communist Party, and has found itself caught in the …
Shein opens up about forced labor, data privacy as it looks to clear key hurdles before possible U.S. IPO
Shein, the Chinese-founded fashion giant that has taken the retail industry by storm, will have to clear a slew of hurdles if it wants to go public in the U.S.
Russia aims to boost LNG sales, trade with China via NSR, Novak says
Russia wants to increase trade with China via the Northern Sea Route (NSR) and become its top supplier of liquefied natural gas (LNG), Deputy Prime Minister Alexander Novak said on Thursday.
Did China’s top general just signal a restart in Beijing’s military diplomacy?
It will be the first in-person gathering of the event in four years, following the lifting of China’s strict Covid-19 restrictions at the start of the year. Li was last seen in public during a…
China ‘Deeply Disappointed’ After US Blocks Gaza Resolution at UN
U.S. vetoed resolution calling for a humanitarian pause in the hostilities in the Israeli-Palestinian conflict.
China’s housing market struggle will weigh on global growth
The persistent weakness in the housing market is hobbling China’s economic recovery. The country’s gross domestic product expanded by a better-than-expected 4.9% in the third quarter, according to the NBS on Wednesday. That growth was…
Chinese property developer Country Garden denies talk its founder and chairman have left China, says they are ‘working as normal’
Embattled property developer Country Garden issued a statement on Thursday morning rejecting talk, which it said was spread across several social media platforms, that its founder and chairman had …
Russia’s dependency on China accelerating, exposing it to China’s vulnerabilities
By Ben Aris in Berlin Russia and China have embraced each other in a “limitless partnership” but that relationship remains fairly one-sided. Russia’s economy continues to become increasingly dependent …
China’s Xi seeks swift end to Israel-Hamas conflict, calls for two-state solution
A two-state solution to establish an independent Palestine is the “fundamental way out” of the Israel-Hamas conflict, Xi Jinping said Thursday in the Chinese leader’s first public comments on the war …