By bringing Saudi Arabia and Iran together, China has shown that it can broker deals – but maybe not just yet in Sudan, observers say.
Tagged By business
EU is angry at China over remarks on Ukraine – Details
The European Union (EU) has expressed anger over controversial remarks made by China’s ambassador to Paris, Lu Shaye, about the sovereignty of Ukraine and other former Soviet states. Lu’s comments …
China EVs rising, Tesla loses profit ground and Lyft preps for deep cuts
If there was any doubt that China is a leader in EVs, the Shanghai Auto Show should have erased those thoughts. China is developing and producing compelling EVs and reaping the sales as a result.
China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.
China — the world’s largest car market — doesn’t want its vehicles. In 2022, data shows Ford and General Motors’ car sales in China each dropped more than 20% from the year before. Paired with…
China’s Wanda chairman quoted on HK IPO challenge, bonds lose more on liquidity concerns
Chinese commercial property developer Dalian Wanda Group’s dollar bonds fell further on Monday, as investors remained concerned about prospects for its unit’s Hong Kong listing and its impact on the …
Tesla to export Model Y from China to Canada for first time in company’s history: report
Tesla Shanghai will soon export a variant of the SUV-style Model Y to Canada, the electric vehicle maker’s largest market. It will be cheaper than other variants.
China’s top refiner Yunnan Tin says Myanmar mining halt could hit global supply
Myanmar accounted for 77% of China’s tin ore imports last year, Chinese customs data showed. The Wa region is estimated to have accounted for over 70% of Myanmar’s tin production in 2022, the ITA said…
Column: China’s loss of import appetite damps copper’s bull fires
The lack of bull price impetus is down to China, which sharply reduced its imports during the first quarter of the year. China imported 408,174 tonnes of copper in March, down by 19% year-on-year …
China boosts German business optimism, but challenges ahead
A key measure of German business optimism rose in April for the seventh month in a row amid lower natural gas prices and the reopening of the Chinese economy after COVID-19 restrictions …
China’s CBDC e-CNY to Become a Salary Mode for Civil Servants in Changshu City: Details
Starting May, government staffers in the Changshu city of China will receive their monthly salaries in the form of the e-CNY CBDC.
China Wanda’s bonds lose more on concerns about unit’s IPO, liquidity
Chinese commercial property developer Dalian Wanda Group’s dollar bonds fell further on Monday, as investors remained wary about the progress of its unit’s Hong Kong listing and about the impact on …
EU warned to get its story straight on China, amid ‘divide and conquer’ fears
EU unity on China is crucial, or they will ‘have us for lunch’, warns one diplomat ahead of foreign ministers’ meeting in Luxembourg.
Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution
For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopters …
