A fall in China’s exports for the January-February period pointed to continued weakness in demand for the country’s products, backing government concerns that a global slowdown will be felt at home.
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China’s Xi tells CATL he has mixed feelings about its battery dominance
Chinese President Xi Jinping told CATL on Monday that he had mixed feelings about its status as the world’s largest battery maker, in rare public comments about one of the country’s most globally competitive sectors.
Prestige Brands to Lead China’s Beauty Market Growth in 2023
Last year, the top five prestige skin care brands in terms of sales growth on Tmall, Taobao and Douyin combined were Chanel, Guerlain, Sisley, La Mer and Helena Rubinstein.
China’s Exports Extend Declines, Adding Pressure to Economy
China’s exports dropped in the first two months of the year as weak global demand for goods emerges as one of the biggest challenges to the country’s fragile economic recovery this year.
China trade: exports, imports continue decline in combined January-February data
China’s exports fell by 6.8 per cent in combined figures for January and February compared with a year earlier, while imports fell by 10.2 per cent Exports had fallen by 9.9 per cent in December,…
China’s Jan-Feb exports and imports slump further
China’s exports for January-February shrank by 6.8 per cent from a year earlier, while imports declined by 10.2 per cent, customs data showed on Tuesday. Analysts in a Reuters poll had expected …
China says if US does not change path towards it there will ‘surely be conflict’
China’s foreign minister blamed the U.S. for rising tensions between Washington and Beijing and said if the U.S. does not change its path no amount of guardrails can prevent derailment and there will …
First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns
A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable; bitcoin holds steady at $22.4K.
UPDATE 3-Trudeau orders new probes into alleged election interference by China
Despite sparring with Chinese President Xi Jinping over many issues, the Liberal government is seen as open to doing business with China, while the Conservatives are known to take a more hard-line …
Foreign execs, analysts bullish on China; see further opening-up
Deutsche Bank is bullish on the Chinese market and has forecast an above-consensus GDP increase this year. With a fast improving outlook for China and global investors becoming more bullish, Deutsche …
Exclusive: U.S. solar panel imports from China grow, alleviating gridlock, officials say
U.S. imports of solar panels from Chinese suppliers are increasing as customs officials have clarified rules around complying with a new law banning goods made with forced labor, a White House …
China Jan-Feb trade likely contracted again as global economy slowed
Commerce Minister Wang Wentao warned on Friday that downward pressure on the country’s imports and exports would increase significantly this year as the risk of a global recession and, with it, …
The US is still approving export licenses for blacklisted firms from China, including Huawei and SMIC
The US Commerce Department, via its BIS agency, has over 639 entities from China on its trade blacklist known as the “Entity List.” …
