HSBC Holdings reported a sharper-than-expected drop in profit on Wednesday, hurt by write-downs from exposures to a Chinese bank and Hong Kong real estate, while the bank pushed ahead with a global restructuring.
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Analysis: China’s clean-energy exports in 2024 alone will cut overseas CO2 by 1%
China’s exports of clean-energy technologies such as solar panels, batteries and electric vehicles are increasingly helping to cut emissions in other countries.
Bitcoin Price Awaits Fed Clarity Following Constructive US-China Trade Talks
Crypto markets tread water as U.S.-China trade discussions yield no firm breakthrough, with tariff extension talks still unresolved.
China’s EV ascent rewires auto ties with Europe
set sail from China to Europe with 6,817 BYD new energy vehicles (NEVs) on board, marking a notable shift in the world’s largest auto market, once dominated by European brands. Two weeks later, …
Mercedes Sees Earnings Drop Over Tariffs, China Competition
Mercedes-Benz Group AG reinstated guidance at a lower level, citing pressure from President Donald Trump’s tariffs and tough competition in China, where local brands are dominating on electric …
China’s Unitree debuts US$5,900 humanoid robot in race to make cheaper products
Hangzhou-based Unitree is on track to become the first humanoid robot maker to list on a mainland Chinese bourse.
Starbucks isn’t giving up on its China dream
The chain is looking for a local partner to help run its stores in China as it looks to open “thousands” more outlets there in the future.
How a Chinese Brand Reshaped Hong Kong’s Food Delivery Scene
Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
Trump tariff uncertainty distanced Vietnam from China, but it didn’t last
China remains the country’s largest trading partner by a … The consensus: Vietnam’s attraction will outlast the Trump administration. “There are so many business opportunities in Vietnam,” said …
Chinese tech exec gets 14 years for $19M embezzlement, crypto money laundering
A former tech executive has been given 14 years prison time for embezzling CNY140 million (US$19.5 million) from his company and laundered it using cryptocurrencies.
U.S.-China tariff war has a major update
The United States and China agreed to extend their 90-day tariff truce on July 29, SCMP reported. This is a developing story. Please keep refreshing for updates.
Stable, healthy Sino-US business ties beneficial to all
The United States should work with China to continue enhancing consensus, reducing misunderstandings, strengthening cooperation, further deepening dialogue and consultations, and striving for more win …
Inspired by China, Tajik student hopes to build bilateral business bridge
Economic cooperation between China and Tajikistan has deepened consistently in recent years. China remains Tajikistan’s largest source of foreign investment and a crucial trading partner. Bilateral trade reached a historic high of $3.93 billion in…
