Hormel’s business turned for the better in the fiscal first quarter of 2024, but China is still not performing as well as hoped.
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China wants more skilled workers, ‘top-notch innovators’ to create new growth
BEIJING – China will step up the training of skilled workers, even as it embarks on education reforms to cultivate “top-notch innovators” to create new sources of growth for a slowing economy.
China’s BYD is the world’s biggest electric car maker — but it’s not coming to America anytime soon
BYD has overtaken Tesla as the world’s top electric car maker. Here’s why the Chinese company is unlikely to tackle the US market anytime soon.
China’s rise as world’s green factory has put West on the back foot
China’s growing dominance in solar panels, electric cars and batteries is putting US and European manufacturers at a disadvantage and is attracting defensive hostility China’s reputation as the …
China coal industry doesn’t expect imports to rise this year
China’s coal imports are expected to be little changed or decline in 2024 despite an expected increase in overall demand for the polluting fuel, officials from industries, state-run utilities and …
Stress and despair: new year, old wounds for Hong Kong bankers with IPO market in slump and windfalls elude investors
In mainland China, 18 IPOs generated 15.2 billion yuan (US$2.1 billion), the least since 2016 at this stage. In contrast, the US market is enjoying its best run in three years, with 26 IPOs and…
What’s Wrong With China’s Economy? Can It Be Fixed?
China’s leadership is aiming for economic growth of around 5% this year. That’s a pretty ambitious goal given the confluence of problems facing the world’s second-largest economy: sluggish consumer …
China ups efforts to better meet payment needs of foreigners, elderly
BEIJING, March 8 (Xinhua) — China on Thursday released a guideline aimed at continuing … to upgrade payment facilities for such cards at key businesses in large business districts, tourist …
China Market Update: “Two Sessions” Drives Technology & Healthcare Rally, Defending PDD & TikTok, Week In Review
Opinions expressed by Forbes Contributors are their own. I am the CIO of KraneShares, a China-focused ETF provider. Asian equities were mostly higher this week as Taiwan outperformed the region, and …
America’s untapped innovators: our secret weapon against China
Few national investments will be as powerful in the long run as a thoughtful, sustained, robust effort to nurture the next generation of entrepreneurs, in every region of the country.
China Has Put America’s Critical Infrastructure in the Crosshairs, We Must Fight Back
“China’s hackers are positioning on American infrastructure in preparation to wreak havoc and cause real-world harm to American citizens and communities,” Wray said in his testimony. With all due …
How Shein’s US IPO became endangered by US-China rift
Despite the softening stance, new Chinese IPOs remain for the most part small and rare. No single Chinese issuer raised more than $200 million in the US last year, a far cry from 2021 when…
Hong Kong sees uptick in IPO applications year to date with interest rates poised to decline, HKEX CEO says
HKEX received 30 per cent more IPO applications so far in 2024, with start-ups eyeing capital raising as interest rates turn a corner, says newly-appointed CEO Bonnie Chan.
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