Auto major General Motors Co (NYSE:GM) backed Chinese self-driving company Beijing Momenta Technology Co. has reportedly filed confidentially for an initial public offering (IPO) in the U.S.. Momenta …
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Maintaining Digital Yuan Stability: Challenges and Solutions
The Digital Yuan, China’s central bank digital currency (CBDC), has emerged as a significant innovation in the realm of digital finance. As the world transitions towards a more digital economy, the …
Bulker stocks face downside risk as Chinese import downturn weighs on markets
The main downside risk is the uncertainty of the Chinese import demand. “We returned from our recent visit to China with a sense that troubles could be lining up for dry bulk,” Lian said. According…
China’s economic momentum: ZGC Forum and Canton Fair highlights
People attend the 135th session of the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province, on April 15, 2024. [Photo/Xinhua] …
China’s Xi in Paris to meet Macron, with trade, Ukraine talks planned
Chinese President Xi Jinping awoke in Paris on Monday on his first visit to the region in five years, with trade and Russia’s war with Ukraine on the agenda in talks with France’s Emmanuel Macron…
GM-Backed Self-Driving Firm Momenta Said to File for IPO in US
Chinese self-driving firm Beijing Momenta Technology Co. has filed confidentially for an initial public offering in the US, according to people familiar with the matter.
China’s EV makers, unfazed by US, European export curbs, will push overseas vehicle shipments to new heights, analysts say
China’s overseas vehicle shipments are set to grow at a clip this year, bolstered by surging sales in markets like Southeast Asia and the Middle East, as the country’s heft in manufacturing electric cars goes…
Hungary and Serbia’s autocratic leaders to roll out red carpet for China’s Xi during Europe tour
Chinese leader Xi Jinping will spend the bulk of his five-day tour in Europe this week in two small countries at the continent’s eastern half
Debunking China’s Overcapacity Myth
China shifted the preponderance of its exports to the Global South away from developed markets, and at the same time bui
Macron sets Ukraine as top priority as China’s Xi Jinping pays a state visit to France
French President Emmanuel Macron will seek to press China’s Xi Jinping to use his influence to move Russia toward ending the war in Ukraine during a two-day state visit to France. Both leaders were also…
China’s Xi Shouldn’t Expect an Easy Ride in Europe This Time
The Chinese leader’s visit is set to test Europe’s willingness to confront Beijing over its support of Russia and trade practices that have hurt European industries.
China’s monthly plates/sheets import and export data in March 2024
According to customs data, China imported 505,100 mt of plates/sheets in March 2024, up 11.16% MoM, but down 14.71% YoY. Imports totalled 1.4675 million mt in January-March 2024, down 9.69% YoY. In …
World Street | China’s services activity eases in April, Oil prices trend higher, Buffett cuts Apple stake, and more
World Street’s May 6 edition highlights China’s services activity easing in April, followed by Warren Buffett’s stake cut in Apple, and oil prices trending higher after Saudi Arabia hikes crude oil pr
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