Copper prices fell further on Tuesday, pressured by weak import data from leading metals consumer China and the potential resumption in supplies from a major mine in Peru. Three-month copper CMCU3 on …
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China’s foreign trade starts on steady note in 2023
China’s foreign trade of goods edged down 0.8 percent year-on-year to 6.18 trillion yuan in the period. The imports of goods stood at 2.68 trillion yuan in the same period, down 2.9 percent from the…
US restrictions see China’s chip imports plummet 27% in first two months of 2023
According to China’s General Administration of Customs data published Tuesday (via The South China Morning Post), the country imported 67.6 billion integrated circuits (IC) in January …
China’s exports and imports slump in first two months of 2023
China on Tuesday released the two-month data on a combined basis to smooth the impact of the Lunar New Year holiday which falls at different times during the f …
Made, Sold, and Marketed by China
First, “Made in China.” Retailers went to China to outsource manufacturing. Second, it was “Sold by China.” Chinese manufacturers sold through Amazon. Now, third, “Marketed by China.” Chinese …
Oil lower after disappointing China import data
Oil futures fell early Thursday, feeling pressure after weaker-than-expected import data from China. Price action. West Texas Intermediate crude for April delivery fell 50 cents, …
China announces plans for new national financial regulator
China’s governmental overhaul will “strengthen institutional supervision, supervision of behaviors and supervision of functions,” according to the plan.
China’s ZKH Group files for IPO with plan to list ADS on NYSE under ticker ‘ZKH’
ZKH Group Ltd, a Chinese MRO (maintenance repair and operations) procurement service platform, filed for an initial public offering on Tuesday, with plans to list its American Depositary Shares on the …
Xi Jinping hits out at US as he urges China’s private firms to ‘fight’ alongside Communist Party
China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s private companies to “fight” alongside the Communist Party at a time of mounting …
Hong Kong loses lustre as retail units go vacant and big brands look to China
Total visitor numbers to Hong Kong dropped sharply during the pandemic Hong Kong retail sales slumped during the pandemic due to a sharp drop in visitor numbers Many luxury brands expanded in mainland …
Who is Li Qiang, a ‘Xi Jinping’s guy’ set to become China’s next premier?
Previously the Communist Party chief in Shanghai, Li is poised to be confirmed as premier on Saturday during the ongoing National People’s Congress, charged with managing the world’s second largest …
Enhanced market supervision to accompany reform of registration-based IPOs: official
The reform of the registration-based initial public offering (IPO) system will go hand in hand with stricter market monitoring and supervision, and the “entrance to the stock market” will be closely …
China’s Xi tells CATL he has mixed feelings about its battery market dominance
SHANGHAI (Reuters) -Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world’s largest battery maker – remarks that come at a time when the company is rapidly…
