China’s export to Iran witnessed a 16 percent increase from January to June, reaching 4.182 billion dollars, while its export of goods to Iran has been estimated at 3.606 billion dollars in the same …
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Luxury group LVMH beats expectations despite China drag on sales
LVMH’s sales rose 19% year on year to 18.73 billion euros ($18.95 billion) in the three months to June 30, beating analyst expectations for 17.13 bill..
China expo on consumer products to boost global brands’ access to huge market, says L’Oreal China CEO
“The CICPE helps promote high-level opening-up, contributes to dual circulation new development pattern by enabling global consumer product brands to get access to China’s huge consumption market, and …
Biden Will Speak With Xi on Thursday as US-China Ties Worsen
President Joe Biden will speak with Chinese leader Xi Jinping on Thursday amid fresh tensions over Taiwan, according to people familiar with the matter.Most Read from BloombergStar Wars Knights of the …
China Agrees to Increase CPO Imports from Indonesia
The plan should help pare down the Southeast Asian producer’s surplus inventories and prop up the commodity’s prices for local farmers.
China’s Wuhan shuts some businesses, transport amid new COVID cases
China’s central metropolis of Wuhan temporarily shut some businesses and public transport in a district with almost a million people on Wednesday, as the city where the pandemic first emerged raised …
China Going Quiet on LNG Hides Risk That May Upend Global Market
At a time when natural gas buyers are fighting over every last molecule, China — the world’s top importer — is noticeably quiet.Most Read from BloombergCoinbase Faces SEC Probe on Crypto Listings; …
Bill to boost U.S. chip production and competition with China clears key Senate hurdle
The CHIPS-plus bill includes roughly $52 billion in funding for U.S. companies producing computer chips, among other provisions.
China’s top 10 automakers in sales in H1
From January to June this year, the total sales of top 10 automakers in China reached 10.34 million units, accounting for 85.8 percent of the total sales. Among the top 10 automakers, GAC, BYD and…
Farmers optimistic but wary of relying on China amid talk trade restrictions lift
Rumours are swirling that China may backflip on its Australian trade restrictions with a change in federal government, but some producers have put the country firmly in their rear-vision mirror.
Bangladesh traders forced to export leather to China at low prices
Bangladesh is lagging behind in the world market even though the quality of the leather is good as the traders are forced to export leather to China at low prices. As per the guidelines, those…
America can no longer wait to get tough on China
China also continues to actively manipulate its currency. China regularly devalues the yuan to make imports much cheaper for the United States. This in turn makes exporting goods to China from the …
China’s Hunger for Commodities Is Wavering After Years of Growth
China’s imports of key commodities face some mighty headwinds in the second half, which could spell trouble for the producers around the globe that rely on its economic engine to power demand for …
