German automakers are facing an unprecedented crisis in China, a market they once ruled with luxury and engineering supremacy. BMW, Volkswagen, and Mercedes-Benz, the cornerstone brands of Germany’s …
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Global stocks up after China shares rally, gold at all-time high
Global shares edged higher on Friday, spurred by a rally in Chinese stocks on Beijing’s latest policy steps to boost demand and also supported by robust U.S. economic data out this week. MSCI’s index of…
China is trying to revive its economy. Is it too little, too late?
The world’s second-largest economy posted its slowest growth since early 2023 in the third quarter, according to data released on Friday.
China lodges diplomatic protest with India over new Taiwan office in Mumbai
The one-China principle is a serious political commitment made by the Indian side and serves as the political foundation for China-India relations, China’s Foreign Ministry spokesperson said.
China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target
China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target – China has reported that its economy expanded at a slower-than-expected rate of 4.6% in the July-September …
Analysis-Elevated China steel exports set to persist, threaten to worsen trade friction
Chinese steelmakers, already exporting at near-decade high volumes, are set to keep pushing out shipments in 2025 to manage overcapacity and soft domestic demand, industry insiders and analysts say, …
P&G misses quarterly sales estimates on weakening demand in US, China
Procter & Gamble missed Wall Street expectations for first-quarter sales on Friday, as consumers in its major markets, the United States and China, switched to cheaper household and personal care …
Top UK diplomat arrives in China, to demand Beijing stop ‘political, economic support’ of Russia
Foreign Office says David Lammy is in Beijing as UK taking ‘consistent, strategic and pragmatic approach to China’ – Anadolu Ajansı
Elevated China steel exports set to persist, threaten to worsen trade friction
Chinese steelmakers, already exporting at near-decade high volumes, are set to keep pushing out shipments in 2025 to manage overcapacity and soft domestic demand, industry insiders and analysts say, …
China Resources Beverage to raise $650 million from HK listing priced at top of range, sources say
Drinks maker China Resources Beverage is set to raise $650 million from Hong Kong’s second largest initial public offering (IPO) this year, pricing it at the top of the range, two sources with direct …
China: China’s Shenzhen allows point-of-sale subway ticketing with foreign bank cards
China – October 18, 2024 China’s Shenzhen allows point-of-sale subway ticketing with foreign bank cards (Voice_over) International travelers to the southern Chinese tech hub Shenzhen are now enjoying …
Investors buy, then bide time on China
Global investors are buying China and betting last month’s rally has legs, but few are willing to go large until there are far more concrete signs that the economy and earnings will improve.
Diesel Exports From China Decline to Lowest Level Since Mid-2023
Diesel exports from China hit the lowest since June 2023 as refiners grappled with a limited shipment quota and near break-even margins.
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