China’s state planner has allowed three central government-backed utilities and its top steelmaker to resume coal imports from Australia, the first such move since Beijing imposed an unofficial ban on …
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Former GE employee sentenced for conspiring to steal trade secrets for China
A former employee of General Electric Power was sentenced to two years in prison for conspiring to steal GE’s trade secrets on behalf of the Chinese government.
Live updates: Brussels ‘strongly’ encourages Covid tests for travellers from China
Brussels has “strongly encouraged” EU governments to impose pre-departure Covid-19 tests on travellers from China in response to a surge of infections after Beijing lifted a lengthy lockdown. Experts …
Chinese Stocks Gain $70 Billion As Ant Group’s New $1.5 Billion Plan Fuels Investor Optimism
The squashing of Ant Group’s $34.5 billion IPO in 2020 set forth an increasingly unfavorable environment for the private sector in China, with the strictest pand …
China’s Exports Of Electric Vehicles To Europe Reach Record Levels
Exports of China-made EVs to Europe amounted to $3.2 billion in November 2022, up 165 percent from a year ago.
News live: cabin video shows moment before Gold Coast crash; China may end Australian coal import ban
We begin with reports China is considering resuming importing Australian coal after more than two years, as relations between the nations ease. Bloomberg is reporting that the country’s National …
China set to lift two-year-old ban on Australian coal imports – reports
China’s state planner will allow three government-backed utilities and its top steelmaker to resume importing coal from Australia, Reuters reported Wednesday.
Chinese Stocks Gain $70 Billion In U.S.
Chinese stocks listed on U.S. exchanges soared Wednesday, far outpacing the broader market, as investors latched onto a rare easing of business regulations from Beijing. Shares of the 10 largest …
China ramps down semiconductor chip war with US
China is pausing its spending on interventions in the semiconductor market meant to compete with the United States.
Alibaba’s Grocery Brand Hema Breaks Even Thanks To China’s Covid Lockdowns
Alibaba Group Holding Limited (NYSE: BABA) supermarket chain Freshippo-owned grocery brand Hema Xiansheng broke even last year in China as Covid lockdowns boosted online sales of fresh produce, …
PBBM elated over China’s readiness to import more fruits from PH
President Ferdinand R. Marcos Jr. on Wednesday welcomed the commitment of Chinese President Xi Jinping to address the trade deficit gap as China readies to accept high-value Philippine agricultural …
Dollar dips before Fed minutes, Aussie jumps on China coal imports
Traders will scour Wednesday’s meeting minutes for indications that Fed officials are concerned about persistent inflation even as the bank slows the pace of its rate increases.
China allows four firms to resume coal imports from Australia, sources say
The partial easing of the coal import ban comes after the Australian and Chinese foreign ministers met last month seeking to reset the frosty diplomatic relations between the two nations …
