China’s monthly trade surplus surges to record $97.9 billion in June as exports rise 17.9%.
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VEGOILS-Palm tumbles over 6% on weak outlook for exports, China lockdown fears
Malaysian palm oil futures plunged more than 6% on Wednesday due to weak July exports and as fears of renewed COVID-19 curbs in China sparked a selloff in rival Dalian oils. KUALA LUMPUR, July 13…
China June exports rise 17.9% y/y in USD terms; est 12.5% – BBG
BBG *CHINA JUNE IMPORTS RISE 1.0% Y/Y IN DOLLAR TERMS; EST. 4.0% …
Solomon Islands PM meets Australian, NZ leaders over China pact
The Solomon Islands prime minister met counterparts from Australia and New Zealand for the first time since striking a security pact with China that sparked concern among U.S. allies over Beijing’s …
Luxury Brands in China Need to Take Public Scrutiny Seriously
The latest fallouts experienced by Balenciaga and Gucci show that luxury brands are now under even more scrutiny from China’s young generation.
China’s taking a ‘double hit’ from growth slowdown and overseas price pressures: S&P Global Ratings
Terry Chan of the credit rating agency discusses the results of its Global Debt Leverage report. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
China’s first-half exports rise 13.2% in yuan terms
China’s exports rose 13.2% in the first half of the year in yuan terms from the year-ago period, accelerating from an 11.4% increase recorded in the …
China Bauxite Imports Hit A New Record High in May, While Imports from Mainstream Supply Countries Diverged
Customs data showed that China imported 11.97 million mt of bauxite in May, up 7.6% MoM and 31.4% YoY. Imports from Australia were 3.09 million mt, down 0.95% month-on-month, but up 26.6% year-on-year …
Steps ensure import supply chains unhindered
However, customs authorities will no longer suspend import declarations from foreign companies whose products tested positive, and will only halt imports from food makers overseas that do not comply …
Experts defend much-criticized oil sales to China as required by US law
Recent reports that the United States sent oil from its emergency stockpile to China have touched off a wave of sharp Republican-led criticism in recent days, though experts contended that the sales …
Company breaks foreign brands’ dominance
“Did we get cheated?” That was the thought that private equity company official Chen Ze said went through his head when he first visited the headquarters of a high-tech company his employer planned to …
China’s Miniso has huge plans to continue expanding in the U.S.
Miniso founder Jack Ye is optimistic that the company can gain a foothold in the United States with its “$10 and under” store that it’s planning to bring to the market. CNBC’s Evelyn Cheng reports.
China’s auto market recovers with stimulus policies
After comparing different brands for more than a year, Yan Likang finally put down a deposit on an Audi car at an auto show in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region, in…
