The Commerce Ministry says China’s trade recovered in the first six months of the year. At a press conference in Beijing on Friday, officials said major trade indexes stabilized and picked up, …
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China’s non-manufacturing sector continues to expand while its manufacturing index falls slightly in July
The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49 in July, down from 50.2 in June, data from the National Bureau of Statistics (NBS) showed Sunday. The …
Jeep pulls out of China, blames Chinese government for meddling in its business
Jeep has been the producer of multiple widely sold models like Jeep Cherokee, Renegade, and Compass widely sold in the international market.
China’s factory activity contracts unexpectedly in July as COVID flares up
China’s factory activity contracted unexpectedly in July after bouncing back from COVID-19 lockdowns the month before, as fresh virus flare-ups and a darkening global outlook weighed on demand, a …
The dangers of China and Russia make this defence company a must-have
Questor share tip: as government security spending soars, this maker of military equipment is still worth buying after its 50pc gain …
China’s car market sees V-shaped rebound on policy boost: Fitch
China’s passenger vehicle exports continued to grow robustly by 40 percent year-on-year in the second quarter of 2022, as a result of strong overseas demand for electric vehicles and supply …
Jeep pulls out of China over government meddling in its business
Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in business in the world’s biggest car market, Chief Executive Officer Carlos Tavares said …
British businesses turning away from China, industry group says
British businesses are cutting ties with China due to concerns about political tensions, a shift that is likely to stoke inflationary pressures, the head of the Confederation of British Industry (CBI) …
Severing business ties with China risks weighing on UK economy, says CBI boss
Severing ties with Chinese business risks weighing on the UK’s cost of living crisis, the boss of the Confederation of British Industry (CBI) has …
British business turning away from China
British companies are cutting ties with China and rethinking their supply chains as political tensions and security concerns are the rise.
Russia’s oil exports to China via ‘dark’ ship-to-ship transfers have surged as trading secrecy grows
Ships are increasingly loading up on Russian oil, turning off their signals and transferring their cargoes to other vessels bound for Asia.
British businesses ‘racing to pull out of China ties’, potentially exacerbating cost of living crisis
With political tensions continuing to rise between China and the west, business leaders say British firms are racing to cut their economic ties with Beijing – even if it means passing on greater costs …
U.S. CHIPS act: To compete with or to contain China?
The U.S. Congress on Thursday pushed forward a major bill to boost its chip manufacturing capabilities and “compete with China,” which now goes to the White House, where President Joe Biden is …
