Of all the Biden administration officials to travel to China in recent months, Commerce Secretary Gina Raimondo may prove the most consequential to improving ties between the world’s biggest economies …
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China seizes opportunity amid US sanctions to challenge dollar
The US dollar, once the undisputed titan of international trade and finance, is witnessing a formidable challenger rise from the East. China, seeking to capitalize on the shifting dynamics of the …
Top 10 autonomous driving brands in China
Recently, China Internet Week released its list of 2023 China’s top 10 autonomous driving brands. The list shows that Baidu Apollo, Huawei, CUSC, Mogo, Pony.ai, WeRide, Momenta, Auto X, PlusAI and …
Marriott International: Strong Growth From China And Marriott Hotels Brand Encouraging
Marriott International has seen strong revenue growth and increased operating income in the most recent quarter. Find out if MAR stock is a buy.
Why China dominates in EVs
The world’s most populous country is dominating manufacturing and sales of electric vehicles, to the point where in the first half of 2023 China manufactured 87 per cent of all the EVs sold in …
China Unveils Revolutionary Blockchain Data Exchange at Hangzhou Summit
China transforms data trading with innovative blockchain exchange involving Alibaba Cloud and Huawei, compelling over 300 enterprises into secure, efficient sharing …
Foreign investors flee China’s stock markets at record pace in US$900 billion wipeout with near term return unlikely
Global asset managers have dumped Chinese onshore stocks at an unprecedented pace this month that triggered a US$900 billion destruction of market value after a gloomy growth outlook, feeble stimulus, …
China’s Meituan swings to profit on food delivery rebound, flags headwinds
Chinese food delivery giant Meituan on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue, defying a slowing Chinese economy, though executives warned of headwinds for its …
China’s economy is in desperate need of rescue
China’s economy is a “ticking time-bomb”, according to America’s President Joe Biden, because of its ageing workers and unemployed young. Others think it is suffering from “long covid” because of the …
China bans seafood from Japan after Fukushima nuclear plant releases nuclear wastewater into Pacific
Shortly after China’s announcement, TEPCO President Tomoaki Kobayakawa said his company would compensate Japanese business owners for damages suffered by seafood bans over the wastewater release. Some …
China suspends all seafood imports from Japan after treated radioactive water is released from Fukushima
China’s customs agency said in a statement that this was to “comprehensively prevent the risk of radioactive contamination of food safety, protect the health of Chinese consumers, and ensure the …
Insurer AIA posts rise in new business value as China reopens post COVID
By Rishav Chatterjee (Reuters) -Asia-focused insurer AIA Group Ltd on Thursday reported a 37% rise in the value of its new business in the first-half, beating estimates, as sales rebounded in its key …
China Suspends Imports of Aquatic Products From Japan
China’s customs bureau will suspend all imports of aquatic products from Japan in response to the release of wastewater from the Fukushima Daiichi nuclear plant.
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