Crude oil imports rose 11% in 2023 from the prior year to 11.28 million barrels per day (bpd), according to customs data released on Jan. 12. This eclipsed the prior record of 10.81 million bpd…
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China’s 2023 Economic Growth Weakest In 3 Decades
China’s economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption …
China’s economy still much better than West
A view of the Lujiazui area of Pudong, East China’s Shanghai. [Photo/Xinhua] Editor’s note: In the face of increasing uncertainty in the external environment and given the arduous task of achieving …
China International Import Expo welcomes more global firms to explore vast opportunities
The seventh China International Import Expo (CIIE) will kick off another series of global roadshows from January 15 to 24 in Southeast Asian countries, including Vietnam, Thailand and Malaysia, and …
Shein seeks China’s permission for US listing
Shein is seeking Beijing’s nod to go public in the United States, highlighting the limits of the fashion company’s efforts to present itself as global rather than a Chinese company, according to …
China price wars help spark US$157 billion rout in mainland consumer stocks as Alibaba, Yum China and BYD drag the market
The biggest drags on the MSCI benchmark since the end of September 2023 include Alibaba, Yum China and BYD, which have all been offering big discounts.
China isn’t the only problem facing Taiwan’s new president Lai Ching-te
The international community has praised Taiwan’s democratic elections in the face of pressure from Beijing. But William Yang speaks to voters in Taipei about worries such as a lack of jobs and afforda …
China, North Korea aggression drives record Japanese military spending splurge
Japan initiated real-time missile data sharing and agreed to trilateral military exercises with the United States and South Korea after increased threats from North Korea and China.
China’s Recovery Is Set to Be ‘Slow and Bumpy’ in 2024
Data due on Wednesday will likely show China’s gross domestic product expanded 5.2% for the entirety of last year, even as the economy probably lost some steam in the fourth quarter. Retail sales and …
Don’t Assume China Will Ease Crypto Restrictions Anytime Soon
China made clear its stance on cryptocurrency with a crackdown that began in late 2017. That’s unlikely to change.
China’s Big Tech firms from Tencent to Alibaba cut external investments further in 2023 amid troubled economy
China’s internet giants from Alibaba Group Holding to Tencent … which allows the Beijing-based company to restart its local online shopping business after Indonesian regulators banned TikTok Shop.
A Potential Mega-IPO Is in U.S.-China Crosshairs
What could be one of the biggest listings in years is likely to depend on the fashion giant’s ability to satisfy both Beijing and Washington.
China 2023 copper imports decline
BEIJING: China’s copper imports declined 6.3% in 2023, customs data showed on Friday, as domestic production increased and a firmer US dollar raised import costs. Imports of unwrought copper and …
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