For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.Han, who exports Chinese-made cars to Africa …
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1st LD: China becoming world’s top auto exporter: official
BEIJING, Jan. 19 (Xinhua) — China exported a total of 4.91 million vehicles in 2023, expected to become the world’s largest auto exporter, an official with the Ministry of Industry and Information …
Why India Isn’t the New China
The country’s population surpassed China’s last year. But India’s path forward is likely to look very different from its neighbor’s.
China’s auto export ranks first globally
China’s export of automobiles rose 57.9 percent to 4.91 million units in 2023, ranking No 1 worldwide for the first time, said the Ministry of Industry and Information Technology on Friday. More …
China remains a tough market to stage a comeback for world’s former top smartphone vendor Samsung
Samsung has shifted its focus to the high-end segment of the mainland’s smartphone market, particularly with its foldable handsets The company has closed various production bases in China, including …
Red Sea shipping attacks pressure China’s exporters as delays, costs mount
For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.
China’s crypto space thrives in laundromats and cafes despite the ban
Thursday’s Wall Street Journal (WSJ) report details how crypto users in China are conducting transactions in commonplace locations in order to circumvent the country’s prohibition on cryptocurrencies.
Donald Trump Jr. claims Iowa victory boosting ‘patriot’ companies — and tanking China stocks
It is no surprise that the Chinese stock market is crashing after Trump’s massive primary win in Iowa,” Donald Trump Jr. told On The Money.
China’s Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ
Physical trading is most popular in China’s inland, as places further from the coast are generally poorer so local governments are preoccupied with other matters.
‘Made in China’ will continue, commerce minister says, despite de-risking efforts
China’s minister of commerce has issued firm declarations of support for initiatives designed to boost economic activity, and against efforts to move investment elsewhere.
Crypto traders in China are meeting in laundromats and snack kiosks for secret deals: report
Chinese traders are resorting to a range of covert methods to subvert the law and trade cryptocurrencies, according to The Wall Street Journal. Many are meeting in laundromats, cafés, snack kiosks, …
India’s NMDC says it has no plans to export iron ore to China
India’s NMDC Ltd , the country’s largest state-owned iron ore miner, on Thursday said it has no plans to sell iron ore to China and it is scaling up production to meet domestic demand.
Analysts Predict Increased Semiconductor Export Restrictions For China From US And Netherlands In 2024
Analysts predict that China might face further restrictions on semiconductor exports from the U.S. and the Netherlands, among others, in a move to curb China’s chip technology dominance. What Happened …
