SINGAPORE] China’s food and beverage (F&B) brands, from bubble tea chain Mixue and hotpot giant Haidilao to Luckin Coffee and Chagee, are charging into South-east Asia, capitalising on the region’s …
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China says greenhouse gas emissions hit 13 billion tons in 2021
China emitted 13 billion metric tons of climate-warming greenhouse gases in 2021, up 4.3% from a year earlier, it said in its latest official submission to the United Nations, published by state media …
China central bank is moving faster towards its policy limits
China’s central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of impending U.S. tariff hikes, but in…
Tesla’s new Model Y debuts in China with upgraded features and higher price tag
Tesla has unveiled a refreshed version of its best-selling Model Y in China, taking direct aim at intensifying competition in the world’s largest electric vehicle (EV) market. With rival automakers …
China’s Country Garden proposes deal to reduce offshore debt by $11.6 bln
Chinese property developer Country Garden on Thursday proposed a deal to restructure offshore debt worth $10.3 billion, providing its creditors multiple options including converting debt into cash and …
Sunac China Shares Fall Sharply After Receiving Winding-Up Petition
Shares of Chinese property developer Sunac China tumbled after the company received a winding up petition as the country continues to struggle with its property sector downturn. Shares fell 24% to …
China Bracing for Trump’s Tariffs: Will They Really Be 20% Instead of 60%?
Speculation rises that Trump’s tariffs on China may average 20%, impacting GDP growth and prompting potential retaliation from China.
Chinese Toy Entrepreneur Zhu Becomes Billionaire After Frenzied IPO
Bloks’ Hong Kong initial public offering Friday was 6,000 times oversubscribed and wildly popular after trading began, giving Zhu, the 42-year-old chairman and CEO, a fortune of $1.7 billion mostly …
China’s economic malaise deepens as economic warfare intensifies
Its problems have been exacerbated by the economic warfare which now prevails, sparked by the anti-China measures implemented by the US. These will be intensified by the incoming Trump administration …
China’s central bank halts bond buying, possibly with eye on yuan
China’s central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency.
China’s Dec exports likely gained momentum ahead of tariff uncertainty: Reuters poll
China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Donald Trump’s return to the White House …
China’s SAIC to deepen cooperation with CATL on battery, overseas expansion
Chinese automaker SAIC said on Friday that it will deepen cooperation with electric vehicle battery giant CATL in areas including the battery after market for parts and components and overseas …
A cut undersea internet cable is making Taiwan worried about ‘gray zone’ tactics from Beijing
When a Taiwanese telecoms company detected that an international undersea cable was damaged earlier this month, it worked to divert internet traffic from the broken line to keep customers on the …