China kept its benchmark lending rates steady on Monday as the country continues to grapple with weak consumer sentiment and softening growth. The People’s Bank of China held the 1-year loan prime …
Tagged By beijing
China’s June fuel oil imports recovers after May slump
BEIJING: China’s fuel oil imports recovered in June after a slump in May, while bunker fuel oil exports also climbed from the previous month, customs data shows yesterday …
China’s EV brands Zeekr, Neta inflated car sales using insurance scheme
Zeekr, a premium EV brand owned by Geely, used the same method to book early sales in late 2024 in the southern city of Xiamen through its main dealer there, state-owned Xiamen C&D Automobile, …
China is catching up to the US in brain tech, rivaling firms like Elon Musk’s Neuralink
I want to eat” popped up in Chinese characters on a computer at a public hospital in central Beijing. The words were formed from the thoughts of a 67-year-old woman with amyotrophic lateral sclerosis …
China’s Moves Against 3 Foreigners Stoke Anxiety
A Wells Fargo banker and a U.S. government employee were blocked from leaving and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.
China imposes exit bans on Wells Fargo banker, U.S. government worker
China is preventing a Chinese American banker for Wells Fargo and, separately, an employee of the U.S. Patent and Trademark Office from leaving the country.
China rare earth magnets export to US up in June
China’s exports of rare earth magnets to the United States in June soared to more than seven times their May level, marking a sharp recovery in the flow of critical minerals used in electric vehicles…
China’s rare earth magnet exports to U.S. surge following trade pact
China’s shipments of rare earth magnets to the United States jumped sharply in June. The rebound came after months of disruption and signaled renewed momentum in critical mineral trade between the two countries.
China’s Moves Against 2 Executives Stoke Anxiety in Foreign Businesses
A Wells Fargo banker was blocked from leaving and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.
China’s exports of rare earth magnets to the US skyrocket in June
In total, China exported 3,188 tons of rare earth permanent magnets last month, up 157.5% from 1,238 tons in May, although the June volume was still 38.1% lower than the corresponding month in 2024. Shipments…
China is buying appliances and iPhones thanks to government subsidies
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But some cities have started to cut back on the subsidies.
Typhoon Wipha Reaches Mainland China After Pounding Hong Kong and Macau
The tropical cyclone made landfall in mainland China late Sunday afternoon with winds near to those of a Category 1 Atlantic hurricane.
This Artificial Intelligence (AI) Stock Could Thrive Despite U.S.-China Trade Pressures
The frosty relations between the U.S. and China adversely affected Nvidia. The new export restrictions meant the company couldn’t sell its AI chips earmarked for China, resulting in a $4.5 billion write-off for this unsold…