U.S. President Joe Biden’s bid to draw Vietnam closer as a strategic ally clashed with his desire for union workers’ votes on Wednesday as trade lawyers sparred over whether the Commerce Department …
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Asia markets mostly poised to rise ahead of China trade data and Japan pay figures
Economists polled by Reuters are expecting a 1.5% rise in exports in China, a reversal from the 7.5% fall seen in the past month.
HKMA Welcomes Pilot Launch of Shenzhen-Hong Kong Cross-Boundary Data Validation Platform
Hong Kong Monetary Authority (HKMA) welcomes pilot launch of the Shenzhen-Hong Kong cross-boundary data validation platform.
A US ally is forging ties with China’s air force but probably won’t get its J-20 stealth fighter
associate fellow at Chatham House and head of the China Studies Unit at the Emirates Policy Center, told Business Insider. “Abu Dhabi’s first choice would certainly be to acquire the F-35 sale over …
An escalating cold war between US and China would be a blow to global growth, IMF official says
The IMF predicts that the global economy could incur costs equivalent to as much as 7% of the world’s GDP in the worst-case scenario …
Young Chinese crossover brand Jetour makes quick foray into global market
Jetour was created in 2018 as a crossover brand by Chery Holding Group Co. In 2023, annual sales of the brand, whose main products are gasoline-powered vehicles, surged 75 percent year on year to 315,…
China’s Xi arrives in Hungary for talks on expanding Chinese investments
BUDAPEST, Hungary (AP) — Chinese President Xi Jinping arrived in Hungary late Wednesday, the final stop on his five-day European tour, where he’s expected to finalize a number of agreements with Prime Minister Viktor Orbán…
Taiwan’s export dependence on China drops to 22-year low
TAIPEI — China accounted for 30.7% of Taiwan’s goods exports for the first four months of the year, nearing a low last seen more than two decades ago for the island’s biggest trading partner. Exports…
China sovereign wealth fund targets Japan’s lesser-known brands
Factory Japan was acquired in 2022 by Japan-China Capital Partners No. 1 Investment, a fund set up by CIC with partners including Nomura Holdings and Daiwa Securities Group to invest in Japanese …
China is in the middle of its own retirement crisis as many older people cannot afford to stop working
China is expecting 300 million people to reach retirement age in the next 10 years, close to the size of the whole US population.
China Takes Advantage of Putin’s Imploding Gas Giant
Russian state-controlled gas giant Gazprom Group reported losing money for the first time in over 20 years last year, with increased but discounted exports to China failing to make up for losses in Europe.
The Sino-Russian Land Grain Corridor and China’s Quest for Food Security
May and Zhang Hongzhou write about the New Land Grain Corridor (NLGC) developed by China and Russia and how it could impact global food dynamics.
Tech war: Huawei’s growing laptop business in China under threat after US revokes Intel, Qualcomm chip export licences
Further restrictions on access to Intel and Qualcomm chips would pose challenges to Huawei’s PC business, which has been gaining ground in the China market.
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