Trinh Nguyen of Natixis says imports, on the other hand, “will really drag” growth. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered…
Tagged By business
It’s Time to End China’s Access to America’s Advanced Technologies
Limiting Beijing’s capabilities will be tricky, however. China’s state-owned manufacturers are often interconnected through a shadowy network of funding from the Chinese Communist Party (CCP).
Poll: China’s global influence worries U.S.
Tensions with China are crackling after government officials discovered and shot down a Chinese spy balloon two weeks ago. The Biden administration has preserved tariffs on imports from China and …
Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express
Hong Kong looks set to reintroduce retail crypto trading with Beijing’s approval, FTX Japan returns assets and Huwaei video pumps token 550% …
Alibaba posts lackluster growth, hit by China’s pandemic control measures
Alibaba’s quarterly revenue rose 2% from a year earlier as the Chinese tech company recovers from last years zero-covid lockdowns and a recent regulatory crackdown.
“China is an opportunity not a threat”: Spanish business executive
Provided by Xinhua Orriols said Spanish companies have a great opportunity to help satisfy the growing demand in China for quality consumer products …
China’s imports of fruit, vegetables from Vietnam set to reach $2.5-3b in 2023
Pingxiang is the largest and most convenient land route from China to Vietnam and Southeast Asia, as well as the largest port for fruit import and export trade between China and the Association of …
In shift away from US dollar, Iraq to allow trade with China in yuan
The Iraqi Central Bank said on Wednesday that it will conduct trade with China in its currency, the yuan. “Financing of foreign trade with China will be organized directly using the Chinese yuan,” the …
China Workers Have Their Version Of Quiet Quitting And Acting Your Wage: ‘Huminerals’ Are Extracted, Exploited And Disposed Of
The China Digital Times reported that a new term “humineral … This is a response to the hustle-porn mentality in the Chinese business world. Before he was shunned by Chinese leadership, …
China’s Geely to launch seven electrified models under new brand Galaxy
China’s Geely Auto said on Thursday it aimed to launch seven electrified models under a new premium brand in the next two years. Of the seven models planned for the Geely Galaxy brand featuring its…
Navigating The New Norm For Luxury Brands
However, even before China’s relaxed Covid restrictions, luxury hadn’t fared too badly, with the top luxury brands proving to be immune to the global economic malaise. The top brands—Hermes, Chanel, …
How China’s Most Popular EV Company Could Take On Tesla
China’s largest EV maker, BYD, has plans for an assembly plant in Germany and introduced three models to start.
Wall Street set to lose out as China secures grip on IPO pipeline
Almost 90 per cent of the $76bn brought in by Chinese IPOs last year was raised in Shanghai and Shenzhen, with Hong Kong accounting for almost all the remainder. The new rules, published by the…
