A new study by the Kiel Institute indicates that Beijing heavily subsidizes its domestic industries, particularly in sectors such as green technologies
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Fast-fashion brand opens up to others
Shein has outpaced well-known European fast-fashion companies such as H&M, Primark and Zara even though they have had a solid online presence, and brick-and-mortar stores for decades and are …
China IPOs slow as strict ‘broker butcher’ rules kick in
HONG KONG — A slowdown in China’s initial public offering market is expected to persist through the year, forecasts show, as tighter regulations kick in. Total fundraising from Chinese IPOs had …
Sephora Turns to Nike E-Commerce Exec to Overhaul China Business
Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing mainland business.Ding Xia, who spent the past …
China’s chip equipment industry gains momentum in import substitution, alarming foreign suppliers
China currently relies heavily on imports for over 85% of its semiconductor equipment needs, showcasing a self-supply rate of only about 14%. Save my User ID and Password Some subscribers prefer to save their log-in…
China Vanke says it faces short-term liquidity pressure
State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty, but added that it has prepared “a basket of plans” to stabilise its business and cut debt.Vanke has …
China completes new round of tests on reusable liquid rocket engine
[iSpace/Handout via Xinhua] BEIJING — China has been actively developing space propulsion technology in recent years, and the latest achievement is successful ground ignition tests of a 130-tonne …
Germany’s economy is still doing bad – and now China is in it
The Chancellor’s willingness to extend an olive branch to China could, however, stir discontent among allies like the US and the EU, who are increasingly wary of China’s substantial subsidies to its …
A China EV Trade War Would Be an Own Goal for Carmakers
European players have taken a different tone with Beijing than their more hawkish US counterparts. Now is not the time to pick a fight.
Scholz warns Iran as attacks on Israel overshadow China trip
Chancellor Olaf Scholz warned Iran against further attacks on Israel on Sunday as the escalating conflict in the Middle East overshadowed the start of his three-day tour of China.
China’s export value falls sharply as demand for goods weakens
China’s exports fell sharply in dollar terms in March, partly on weaker demand from markets such as Europe and lower prices for Chinese goods, despite surging shipments from the world’s second-largest economy.
Surge in India’s exports to China in Q1 2024 reflects growing economic integration
India’s exports to China in the first quarter of 2024 surged by 22.5 percent year-on-year, data from China’s General Administration of Customs showed on Friday. In US dollar terms, China’s trade with India increased 4.
German firms vow to scale up investment in China
Attracted by China’s efficient supply chains and growing innovation prowess, German investment in China grew 19.8 percent year-on-year in the first two months of the year. It accounts for 30 percent …