Shipping container rates have collapsed. Logistics executives foresee a freight recession dragging into 2024. Industry giant Maersk plans to cut at least 10,000 jobs as it struggles with falling …
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U.S. export controls need to ‘change constantly’ even if it’s tough for businesses, Secretary Raimondo says
U.S. Commerce Secretary Gina Raimondo told CNBC’s Morgan Brennan in an exclusive interview that more controls on tech exports to China will be coming, despite business concerns. “The truth of it is …
Explainer: Geneva-based int’l organizations upbeat about China’s economic prospect
BOOSTING GLOBAL TRADE GROWTH Earlier in November, Grynspan visited China and attended the sixth China International Import Expo (CIIE). She believed that the expo has created valuable opportunities …
China delivers nearly 100 parcels a person in 2023 as e-commerce giants Alibaba, JD.com, PDD slowly recover
Parcel deliveries reached a new high of 120 billion items this week, up 8.5 per cent from all of 2022, as e-commerce sees strong third-quarter recovery.
China could help fight illegal arms trade fuelling conflict in Africa, experts say
Engaging Beijing on small arms and light weapons control issues seen as ‘useful way forward’ giving its growing influence on the continent.
Time-honored brands need to honor customers
To help the development of old and influential enterprises in the food industry, the Ministry of Commerce began to accept applications for identifying time-honored brands in 2006. To be eligible, the …
China’s Nov services activity accelerates on boost from new orders – Caixin PMI
Service providers were upbeat about business activity over the year ahead in November and the degree of positive sentiment picked up for the first time in five months. However, Oxford Economics lead …
China Service Sector Picks Up Steam In November – Caixin
The service sector in China continued to expand in November, and at a faster rate, the latest survey from Caixin revealed on Tuesday …
China should rely on rule of law, instead of flimsy political promises, to spur growth in nation’s private sector economy
The Chinese leadership’s advocacy for measures to support and spur growth in the private sector economy intensified in 2023, but the protection of private firms’ assets and rights remain a concern.
Nvidia’s China problem isn’t going away anytime soon
Nvidia has reportedly been working on technology to get around U.S. export restrictions, but government officials aren’t backing down.
Wheat Rallies on China Biz and Pulls up Corn, Soybeans Fade: Cattle Hit New Low, Gold Hits Record Highs
Wheat up on China export biz and that pulls up corn which also saw Mexico sales. Soybeans and meal fade on China news and Brazil rain chances. Cattle make new lows but are they close…
China, S. Korea, Japan to collab on blockchain and AI regulations
The digital age is witnessing a new era of collaboration in Asia. China, alongside its regional counterparts Japan and South Korea, is embarking on a …
NIO Stock Alert: China Adds Nio to Key Manufacturer List
China-based electric-vehicle maker Nio (NYSE:NIO) was recently added to a list of approved vehicle manufacturers in China. The decision by the Chinese government will allow Nio, whose EVs are …
