At least two iron ore cargoes from the world’s No.4 supplier Fortescue Metals Group are facing unusual customs delays at north China’s Caofeidian port due to inspections for solid waste, sources with …
Tagged By business
Are the EU and China hurtling towards a trade war?
In Brussels, Beijing’s promises to individual EU states are seen through the lens of a combative and defensive China unwilling to yield on major issues.
Iran’s exports to China rise 30% in December 2023
Based on the released data, China’s export to Iran increased 8.6 percent to $10.07 billion in 2023 from $9.27 billion in 2022. The country’s import from Iran fell 27 percent to $4.58 billion in 2023…
BYD outpaces VW as China’s best selling brand in 2023
BEIJING: BYD Co officially overtook Volkswagen AG as China’s best selling car brand in 2023, clear evidence its all-in bet on electric vehicles in the world’s biggest automobile market is paying …
Foreign auto brands boost exports as China sales remain weak
China is estimated to have overtaken Japan as the world’s largest auto exporter in 2023, thanks largely to the strength of nimble local companies such as Chery, SAIC , Geely and BYD. But 18 foreign…
BYD crowned China’s No 1 selling car brand for 2023
Find out more about subscription packages here. BYD officially overtook Volkswagen as China’s best-selling car brand in 2023, clear evidence its all-in bet on electric vehicles in the world’s biggest …
‘LV visage’: China cosmetic surgery clinic fined for urging women to get ‘luxurious face’ if they want a rich husband
A cosmetic surgery clinic in China has been sanctioned by the mainland authorities for encouraging women to have procedures done to boost their chances of marrying rich.
Why China poses a growing threat to the U.S. auto industry
Chinese companies are releasing new models in record times, and many are producing EVs efficiently and profitably.
China’s Travel Economy Is Slowly Coming Back. Here’s Where It Stands.
Over a year after China opened its borders following the pandemic, international trips are still lagging, although domestic travel is more popular.
What investors are saying about China’s market meltdown
DIANA RULKE, PROFESSOR, TEPPER SCHOOL OF BUSINESS, CARNEGIE-MELLON UNIVERSITY: “Instead of consumers coming out of COVID restrictions spending, as happened in the United States, China’s property …
China fostering new competitive edges to bolster foreign trade in 2024
In 2023, China’s cross-border e-commerce imports and exports reached 2.38 trillion yuan, an increase of 15.6 percent from a year ago. China’s trade prospects for this year will also be enhanced, …
China weighs stock market rescue package backed by $278 bln – Bloomberg News
Chinese authorities are considering a package of measures to stabilise a slumping stock market, Bloomberg News reported on Tuesday, citing people familiar with the matter.
China races to buy chip-making equipment as US cracks down on exports
China rushed to buy up chip-making equipment ahead of the export controls imposed by the U.S, Japan, and the Netherlands in recent months, as Washington and its allies crack down on exports of the …