China’s luxury goods market recorded 12 per cent year-on-year growth in 2023, according to Bain & Company, but challenges remain even as it is still seen as a leading market.
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Hunter Biden business associate to testify on Biden’s alleged role in China deals amid impeachment inquiry
Hunter Biden’s business associate involved in his dealings with Chinese energy firm CEFC is to appear for a closed-door interview before the House Oversight and Judiciary committees.
Russia Sees Its Natural Gas Exports Recovering on Higher Shipments to China
Russia expects its pipeline gas exports to recover by almost a fifth this year, partially offsetting the loss of most of its European customers through higher shipments to China. Gas shipments via …
China says Boeing has permission to resume 737 MAX 8 deliveries
BEIJING, Jan 25 (Reuters) – China said on Thursday it has given Boeing (BA.N), opens new tab permission to resume deliveries of its 737 MAX 8 to local customers, ending an import freeze on the…
China’s Gansu reports robust foreign trade growth with ASEAN in 2023
A China-Kyrgyzstan-Uzbekistan freight train departs Lanzhou, Gansu province, on June 5, 2020. [Photo provided to chinadaily.com.cn] LANZHOU – Northwest China’s Gansu province saw robust growth in its …
China may have imported nearly 500 lithography machines from the Netherlands in five years
As the US and its allies are imposing export restrictions on semiconductor equipment, China increased its chipmaking tool imports over the past year and doubled its imports of lithography equipment …
China Vows to Improve Business Conditions, Japan Top Lobby Says
China pledged to improve the operating environment for foreign firms, the head of Japan’s biggest business lobby said after a meeting with Premier Li Qiang, a sign of Beijing’s latest effort to lift …
China expands access to loans for property developers, acting to end its prolonged debt crisis
The industry as a whole accounts for about a quarter of business activity in China. “For developer financing to fundamentally and sustainably improve, property sales need to stop falling and start to …
China stocks bounce loses steam; focus turns to ECB
Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China’s stimulus plans and for a European Central Bank meeting later in the session. The dollar …
Boeing delivers 737 MAX jet to China, a vote of confidence amid turmoil
Boeing is set to deliver its first 737 MAX to a Chinese airline since March 2019 on Wednesday, flight data shows, ending an almost five-year freeze on imports of the U.S. planemaker’s most profitable …
China sees hi-tech innovation as a boon for its global competitiveness and manufacturing dominance
“China has the world’s top-ranked volume of published papers and numerous patents for inventions, but they are put on the shelf without mass applications,” he said. “Apart from insufficient input in R …
German firms buoyant about China’s growth
According to the Business Confidence Survey for 2023 and 2024, 79 percent of German companies said it is necessary to remain competitive in China. The survey was conducted between Sept 5 and Oct 6 …
The China ‘Deflation’ Story: Something Only an Economist Could Believe
It was in 2018 that the business media began seriously picking up on the massive … every word spill lots of ink about how a “Wary World Watches As Prices Fall in China.” The latter…
