Failed talks between RTX and a Saudi defense firm show the kingdom’s difficulties in establishing its own military industry.
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China Conjures a Glut of Coal as Record Imports Swell Supply
This time last year, Chinese coal prices were soaring as power plants scrambled for supplies after an historic drought caused hydropower output to collapse.Most Read from BloombergCaesars Entertainmen …
Hainan sees total import, export value of goods up in first 8 months
The total import and export of goods in south China’s Hainan Province hit 152.07 billion yuan (about 20.89 billion U.S. dollars) in the first eight months of 2023, up 21.8 percent year on year, …
Chinese brands should go global but stay local
Chinese SMEs actually enjoy an inherent advantage against their larger, domestic and foreign competitors in terms of brand. Adding local elements and local flavor to an MSME brand is often much easier than it is…
China’s Tuhu to raise up to $150 mln in Hong Kong IPO starting Thursday – sources
Tuhu, which is backed by Tencent, Carlyle Group and Sequoia China, has been considering a listing for more than two years and initially planned a U.S. share sale. The firm had considered a U.S. IPO…
Europe Is Provoking China With Its Probe Into Electric-Car Aid
If a surge in government support for strategic industries risks fueling a global subsidy war, then the European Union may have just sparked one of its biggest battles.
Renault, Stellantis Could Benefit From Possible EU China Tariffs; BMW, Mercedes Victims
Renault and Stellantis would gain if the EU imposed tariffs on Chinese electric car imports, but BMW and Mercedes might suffer, according to a Bernstein report.
Apple iPhone Event Sized Up By 7 Analysts: ‘Brand Trumps Products,’ But China, Upgrade Concerns Remain
Technology giant Apple Inc (NASDAQ: AAPL) unveiled the highly anticipated iPhone 15 and several other product updates at its Wonderlust event on Tuesday.
China Clarifies That Foreign Phone Brands Has Not Been Banned
stated during a regular press briefing that China had not issued any laws, regulations, or policy documents forbidding the purchase and use of foreign brand phones like Apple’s. She highlighted that the Chinese government treats…
Estée Lauder Incubator Makes First China Investment in Influencer Beauty Brand Code Mint
The Estée Lauder Cos. ‘ investment arm, New Incubation Ventures, has taken a minority stake in Code Mint, a Chinese clean beauty label. The early investment and incubation arm New Incubation Ventures, or NIV, did…
Entering China’s Infant Formula Market: Regulations, Opportunities, and Challenges
We explore strategies for foreign companies to enter and thrive in China’s infant formula market, and to navigate its regulatory landscape.
China Denies Banning iPhones—But Cited Unspecified Apple ‘Security Issues’
said Wednesday that China “did not issue any law, regulation or policy document that bans the purchase and use of cellphones of foreign brands, such as iPhones.” Ning noted that the Chinese government …
China’s Slowing Growth Won’t Be All Bad News for the Global Economy
Many analysts are worried that a rapid slowdown in China’s economy will have an adverse global impact. The story is more complicated than that.
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