A wider opening of China would allow the country to play a stabilising role in a slowing global economy, Premier Li Qiang told international business leaders in Shanghai on Tuesday, while pledging to …
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China’s messy EV dispute with European Union keeps trade tensions in check
Brussels maintains that Beijing doles out unfair subsidies to its auto industry and refuses to accept China’s counter-offer of minimum import prices. Beijing hit back with probes into Europe’s pork …
China’s messy EV dispute with Europe keeps trade tensions in check
EU member states divided on tariffs, some seek closer China ties China aims to avoid trade war, needs EU market for EVs EU puts tariffs on Chinese EV imports BEIJING, Nov 5 (Reuters) – Fears…
Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation’ with Nvidia
Deeproute said it is the first company in China to obtain Nvidia’s newer Thor chip for cars and will release a new system using it next year …
Chinese Red Tape Leaves Billions of Dollars of Deals in Limbo
The long reach of Chinese regulators is making it hard for certain companies in the world’s second-biggest economy to carry out transactions, leaving billions of dollars worth of deals on the table.
China consumer slowdown weighs on U.S. earnings again
Apple last week reported Greater China sales fell slightly to $15.03 billion in the three months ended Sept. 28, down from $15.08 billion in the year-ago period. The figures inclu …
China’s premier ‘fully confident’ of hitting growth targets
Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly…
China’s Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
Fang said the company aims to become the top Chinese brand of such white goods in North America, also in roughly the next two years. While China-based companies have been eyeing overseas markets …
Why China’s Solar Boom Is a Bust for Its Leading Players
Shielded by tariffs and fostered by subsidies, a solar panel commands triple the price in the U.S. compared with China and Europe, but expanding in America has become trickier.
China’s No. 2 Official Projects Confidence in Economic Recovery
Chinese Premier Li Qiang expressed confidence that his government can pull off an economic recovery, while also taking an apparent jab at the US and EU over trade.
Vantive brand to be unveiled at 7th CIIE
Baxter’s Kidney Care segment, which includes the kidney care and acute therapies businesses, is preparing to become a standalone private company named Vantive. It will be unveiled at the seventh China …
China gives Morgan Stanley approval to launch local futures unit
Morgan Stanley has won final approval to launch a futures business in China via a newly established unit, becoming the second major U.S. entrant in the derivatives market of the world’s second-largest …
China’s services activity picks up in October as stimulus impact emerges: Caixin PMI
Caixin/S&P Global services purchasing managers’ index (PMI) grew to 52 in October, matching the official PMI released last week.