A recent global survey of 1,660 enterprises showed that many of their trading partners were just unwilling to use the Chinese yuan.
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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 …
China’s May factory activity likely expanded at steady pace, shows poll
The official purchasing managers’ index (PMI) was forecast at 50.4 in May, unchanged from April, according to the median forecast of 33 economists in the poll …
Didi Reports Bigger Loss as Incentives, EV Bet Continue to Weigh
Didi Global Inc.’s revenue rose 15% in the March quarter, as China’s leading ride-hailing provider sustained a recovery on strong domestic demand.
PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing work
China is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a major financial fraud case with China Evergrande Group. The Ministry…
China Turns to Exporting Livestock Feed on Weak Domestic Demand
China is sending record quantities of soybean meal abroad, as a shrinking number of pigs and weak demand for pork force processors to export their surplus animal feed.
How America Inadvertently Created an ‘Axis of Evasion’ Led by China
Western sanctions and export controls were meant to subdue enemies of the U.S. but instead have led to a shadow economy.
Aussie beef producers rejoice as China reverses export ban on five major meat processors
China has lifted bans on beef imports from five major Australian meat producers, Agriculture Minister Murray Watt confirmed on Thursday morning.
China’s bicycle exports expand in Q1
China’s bicycle exports expanded in the first quarter of this year, continuing the recovery momentum since the second half of 2023, according to an industry …
Australian beef exports to China can resume after trade war suspension, minister says
Five major Australian beef exporters suspended from exporting meat to China can now resume, Agriculture Minister Murray Watt has confirmed.
Fast-fashion behemoth Shein is preparing for an IPO. Here’s an inside look at the challenges it could face.
Fast-fashion phenomenon Shein is expected to go public this year in a hotly-anticipated listing.
China to Lift Bans on Australian Beef Exporters, Minister Says
Five major Australian beef producers banned from exporting meat to China will be allowed to resume trade immediately, Agriculture Minister Murray Watt said, the latest move by Beijing to normalize …
Demand may push China’s LNG imports to record high
Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbonisation, China’s liquefied natural gas (LNG) imports could hit a record in 2024, company executives …
