The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment will help it meet imminent funding needs.
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Volvo to be first company in China to import remanufactured engine
The remanufactured engine to be imported by Volvo Construction Equipment (China) will arrive in the country in late September, Chen Chaoping, the company’s head of uptime and parts said in a media …
Column: China’s iron ore imports may hold up despite gloomy economy
A swathe of poor economic data in China is putting pressure on the price of iron ore, which is struggling to hold above the key psychological level of $100 a metric ton.
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after months of spiraling increases, depriving investors, economists and businesses of another key data …
China’s Central Bank Unexpectedly Slashes Rates To Bolster Struggling Economy
Unlike some other global central banks, China has loosened its monetary policy to boost a stalling recovery while others tighten their grip to fight high inflation. This decision has further widened …
China’s July oil refinery runs rise to meet domestic, export demand
China’s oil refinery throughput in July rose 17.4 per cent from a year earlier, data showed on Tuesday, as refiners kept output elevated to meet demand for domestic summer travel and to cash in on…
China cuts key rates as weak batch of July data darkens economic outlook
A broad array of Chinese data on Tuesday highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity but analysts say more support is needed…
China is on course to overtake Japan and become the world’s No.1 car exporter
China is on course to overtake Japan to become the world’s number one car exporter by the end of the year, according to Moody’s Analytics.
Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate
Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy
China is on course to overtake Japan to become the world’s No.1 car exporter
China is on course to overtake Japan to become the world’s number one car exporter by the end of the year, according to Moody’s Analytics.
China skips giving update on surging youth unemployment as economic slump deepens
China’s government has skipped giving an update on a politically sensitive spike in unemployment among young people as official data showed an economic slump deepened in July.
As the U.S. and China move apart, two big banks are bucking the trend
JPMorgan Chase and Citigroup are funneling more investment into China, even as relations between the countries sour and Washington bans U.S tech investments that could bolster its rival’s military …
China’s Average Wages – Trends and Implications for Businesses
Average salaries in China have more than doubled over the last decade, providing new opportunities and challenges for businesses.