China’s customs office will allow the immediate import of beef and beef by-products from Russia, including frozen tendons, hoofs, stomach, and cartilage, from cattle under 30 months old. This follows …
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Economic Watch: China eyes tapping capital market to fund greater productivity
Efforts will be made to further improve the multi-tiered capital market system, and create synergies among the equity, bond and futures markets to reinforce the new quality productive forces, said …
China’s Central Bank on Offshore CNY Market and Cross-Border Transaction
People’s Bank of China’s deputy governor says the bank will support the development offshore market and improve cross-border payment system.
Celebrity Meme Coins Flood the Crypto Market
Celebrity meme coins linked to Caitlyn Jenner, Iggy Azalea, Rich The Kid and others have flooded the crypto market over the past week.
Elon Musk once mocked China’s BYD. Now it’s running circles around Tesla
The most important carmaker in the world right now is the Chinese-owned, Warren Buffett-backed company that has Elon Musk in a pickle.
China releases 3-year action plan on artificial intelligence
China has released a three-year action plan to “strengthen standards” in emerging technologies, including artificial intelligence (AI).
How China’s EV makers aim to beat Tesla, legacy carmakers in Europe
Those rock-bottom prices have alarmed carmakers and their political allies in the US and Europe. In May, US President Joe Biden quadrupled tariffs on Chinese EVs to 100%. The EU is investigating China …
Toyota’s global volumes fall in April, led by drops in China and Japan
Toyota Motor’s April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage of some models and a safety…
Shipping Hong Kong’s waste to mainland China is not the answer, authorities stress amid concerns over collaborative plan
City government stresses importance of collaboration with Greater Bay Area, after minister calls for integrated waste handling prompts concerns of rubbish importing Collaboration proposal might go …
China’s chrome ore imports in April reached 1.6319 million mt, demand growth left supply gap [SMM Analysis]
According to customs statistics, China imported 1.6319 million mt of chrome ores in April, down 15,100 mt MoM (-0.92% MoM) but up 158,200 mt YoY (+10.73% YoY). The imports in January-Apirl totalled …
China’s quest to turn the yuan into a global currency isn’t actually driven by domination. It’s about sanctions.
A recent global survey of 1,660 enterprises showed that many of their trading partners were just unwilling to use the Chinese yuan.
China wants to turn the yuan into a global currency out of fear of sanctions, not domination
A recent global survey of 1,660 enterprises showed that many of their trading partners were just unwilling to use the Chinese yuan.
How China’s EV makers aim to beat Tesla, legacy automakers in Europe
Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they’ll have to defend their home turf in Europe from an onslaught …
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