US efforts to curb the export of key technologies to China are hurting both economies and may prove counterproductive, according to Jia Qingguo, a prominent academic and standing committee member of Beijing’s top political advisory…
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Oil prices inch down on weaker US consumer demand ahead of China data
Oil prices slipped in early Asian trading on Monday after a survey on Friday showed weaker U.S. consumer demand and as traders awaited the release of key economic data from China, the world’s biggest crude…
German firms hope EU-China tariff talks can help dodge shake-up in EV business
Germany has little to gain as Brussels slaps duties on Chinese electric vehicles and Beijing vows retaliation, business group says.
German Chamber in China Says EU Tariffs Won’t Protect Automakers
The German business chamber said the European Union should invest to become more competitive instead of hiking tariffs on China-made electric vehicles, adding to Berlin’s efforts to avert or soften the trade curbs.
Australia’s Albanese, China’s Li to discuss trade, jailed writer
Australia’s Prime Minister Anthony Albanese and Chinese Premier Li Qiang will meet on Monday in the first such visit by a Chinese premier in seven years, with trade ties, regional security and a jailed Australian…
G7 draft confronts China’s ‘unfair’ business competition
The Group of Seven (G7) nations vowed on Friday to tackle what they called unfair business practices by China that were undermining their workers and industries, according to a draft statement on the final day…
UK overtakes China as India’s fourth-largest export market in May
Exports to the European nation grew by a third to $1.37 billion in May. While the disaggregated data for the month of May wasn’t immediately available …
China’s Wuhan Tianyu says inclusion on US sanctions list may impact forex transactions
China’s Wuhan Tianyu Information Industry said on Sunday the U.S. including it on a sanctions list was a “unilateral” act that could affect the data security company’s foreign exchange settlements.
China’s Lust for Durian Is Creating Fortunes in Southeast Asia
China is not only a buyer. Chinese investment has flowed into Thailand’s durian packing and logistics business. Already, Chinese interests control around 70 percent of the durian wholesale and logistics business, according to Aat Pisanwanich,…
Adidas investigates bribery allegations in China, FT reports
Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint that accused senior staff of embezzling “millions of euros”,
Bitcoin miners pivot to South-east Asia after China crackdown
Malaysia contributed 2.5 per cent of the global ‘hashrate’, ranking it among the top 10 nations. Read more at straitstimes.com.
China ‘not in the business of haircuts’ as Zimbabwe asks for debt reduction from creditors
As the African nation tries to solve its disastrous financial crisis, it has asked for help from its creditors.
China in Perspective: China offers rich soil for market, innovation growth: Brazil market pulp giant
“In the past four decades, we’ve witnessed impressive high-speed economic growth in China as well as galloping market growth in our industry,” said Machado. The company’s sales of market pulp in China surged from about…