The ministry said China’s ODI into wholesale and retail sectors soared 19.5 percent on a yearly basis to $21.1 billion last year, while investment into manufacturing business went up 17.4 percent year …
Tagged By business
Let trade be the ‘stabiliser’ to China-US relations after balloon saga, senior Chinese diplomat says
Senior Chinese diplomat in Washington hopes business will make good use of China’s opening-up, regardless of latest controversy Xu Xueyuan says the incident should not be allowed to offset efforts by …
Crypto Mogul Sun Says Huobi Betting China Will Warm to Digital Assets as Exchange Targets Hong Kong
Digital-asset exchange Huobi plans to expand its operations in Hong Kong, betting the city’s pro-crypto pivot presages an easing of the ban on virtual coins in mainland China and hence smoother access …
China’s Hesai Group Climbs In Nasdaq Debut On Autonomous Transport Hopes
This 2022 photo shows a sensor from Hesai on top of a “robotaxi” autonomous vehicle developed by … [+] Baidu Apollo as it drives along a street in Shenzhen in China southern. (P …
U.S. chip tool makers eye Southeast Asia as China business shrinks
Key American chip equipment suppliers are shifting operations from China to Southeast Asia in a sign that U.S. export controls enacted last October are accelerating the decoupling of tech supply …
China is Happily Engaging With the Global Economy So Far This Year
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It’s completely free and we guarantee you’ll learn something new every day. Tensions between the US …
China factory gate prices slow in January, CPI rises
China’s January factory gate prices fell more than economists expected, suggesting that flashes of domestic demand that had stoked consumer prices after the zero-COVID policy ended are not yet strong …
British business community eyes stronger trade ties with China
British business leaders have said they hope that trade ties between Britain and China will deepen as the two countries work toward economic rebound from the COVID-19 pandemic. The remarks were made …
UK pays EU £2.3bn to settle China import row
Minister says payment will ‘draw a line’ under 2017 case related to claims of fraudulent textile imports …
US-China Trade Sets Records
Back a bit farther in time is the laughable trade war. At $537 billion, goods imports from China in 2022 were all of $2 billion lower than the 2018 record. The Trump-Biden tariff era 2019–2022…
China’s roadmap for high-quality development
Enhance the quality and brand development capabilities of enterprises. People look at a BYD Han electric car during a media preview of the 100th Brussels Motor Show in Brussels, B …
China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express
China airdrops 180 million digital yuan to celebrate Lunar New Year, crypto exchanges donate to earthquake victims, and Laos pilots a CBDC.
Luxury brands diverge: Tapestry stock rises while Capri slides after earnings
The company, whose brands include Coach, beat analyst expectations and raised its annual profit forecast, despite slowing traffic in China. Tapestry’s gains came a day after Capri’s disappointing …
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