[Photo/Xinhua] China provided increased market access for imports of agricultural and food products from over 51 countries and regions in 2023, China’s customs authorities said on Tuesday. In a …
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SK-II sales hurt by anti-Japan sentiment in China
The islands, known as Senkaku in Japan and Diaoyu in China, are controlled by Japan but both China and Taiwan lay claim to them. P&G’s chief executive officer, Jon Moeller, said on the earnings call…
China Says EU’s ‘Unfair’ EV Subsidies Probe Risks Damaging Ties
China’s ambassador to the European Union called the bloc’s probe into Chinese electric vehicle manufacturers over state subsidies “unfair,” delivering a veiled warning that more European products …
Taiwan’s economy faces uncertainty as tensions with China are likely to rise after DPP victory, analysts say
Asset manager Amundi warned Taiwan could face a possible blockade as tensions with China are expected to rise, business advisory firm like Teneo said a blockade was “highly unlikely.” Taiwan’s economy …
China will step up efforts to attract foreign firms, financial regulator says
“The direction of providing a better business environment for foreign investment will not change,” Li said. China is studying lowering the threshold for Hong Kong and Macau financial institutions to …
Japan Exports Beat Consensus as China Shipments Resume Rise
Japan saw a strong pickup in exports last month as shipments to the US increased at a double-digit clip and those to China rose for the first time in 13 months. Exports rose 9.8% in…
China is about to put a Band-Aid on a $9 trillion problem
China’s leadership appears to be rattled by the accelerating … a cause of the issues Beijing is confronted with. The Business Briefing newsletter delivers major stories, exclusive coverage and …
Xi plots emergency intervention to shore up China’s crumbling stock market
Xi Jinping is weighing an emergency intervention to shore up China’s crumbling stock market after it slumped to a five-year low.Chinese premier Li Qiang has asked authorities for more “forceful” …
Volkswagen just lost its crown as China’s biggest carmaker to Warren Buffett–backed BYD
I have never helped do anything at Berkshire that was as good as BYD,” Buffett’s late business partner Charlie Munger said last February.
China’s demand for LNG imports may double over next decade: largest US exporter Cheniere Energy
China’s demand for liquefied natural gas imports may double over the next decade, an official from America’s largest exporter of the commodity said on Tuesday, as the Asian country faces pressure to …
Lam Research Q4 earnings preview: China expected to drive demand recovery for memory chips
Lam Research (NASDAQ:LRCX) is scheduled to report second-quarter results on Wednesday, January 24th, after market close. Analysts expect a year-over-year decline in both the top and bottom lines, …
China’s Surge in EV Exports to Europe Sparks Aluminum Industry Concerns
Excluding exports, China’s October NEV sales were still a record 832,000 units, up 2.9% from September. Not surprisingly, some aluminum producers have been actively supporting EU plans for an …
3M annual profit forecast squeezed by sluggish electronics, China demand
Industrial conglomerate 3M forecast full-year earnings below Wall Street estimates on Tuesday, saying the macro environment “remains muted” and sending its shares plunging about 12%.The company’s …
