The booming musical instrument industry represents an epitome of China’s musical instrument business across China’s villages and townships. From Pianos, violins, guitars, electroacoustic instruments, …
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China’s e-commerce giants fight for consumer eyeballs in world’s biggest shopping festival amid economic headwinds and fierce competition
Singles’ Day is traditionally a time when Chinese consumers splurge on everything from smartphones to frying pans Analysts expect cutthroat price wars this year as competing platforms fight for …
Elon Musk is slashing Tesla prices to whip up his sluggish sales in China’s key EV market
Suffering from sluggish demand in the competitive Chinese market, Tesla dropped the price for its entry rear-wheel-drive Model Y below a key threshold to qualify for a subsidy before incentives expire …
China Releases Third Quarter GDP Results After President Xi Jinping Secured Third Term In Power
The world’s second-largest economy grew 3.9 percent in the third quarter compared with the same time last year, a quickening from the 3.5 percent in the previous quarter.
Alibaba Stock Plummets Below IPO Price on China Politburo Rejig
Alibaba (NYSE: BABA) stock is trading sharply lower in US premarket price action today and looks set to fall below its IPO price. Other Chinese stocks are …
China’s diesel fuel exports more than doubled in September
China’s diesel exports in September surged to their highest in more than a year while aviation fuel shipments were the most in 29 months as refiners rushed to cash in on robust export margins, data…
China Sept rare earth exports at 4,327.7 tonnes -customs
China’s exports of rare earths in September climbed 10.4% from the corresponding month a year ago, data from the General Administration of Customs showed on Monday.
Banning tech exports to China counterproductive: China Daily editorial
According to a Bloomberg report, the US administration is exploring the possibility of new controls that would extend its ban on exports of technology to China to encompass the fields of quantum …
China’s oil imports from Russia surge 22% as refiners step up their purchases of the cheap supplies
But the September imports of 1.83 million barrels per day are lower than in August, as worries persist about the impact of Chinese economic slowing on demand.
China chip imports drop 12.4% year-on-year in September – govt data
China’s chip imports fell 12.4 percent in September, according to official customs data published on Monday, continuing a decline amid tensions with the United States and an ongoing chip shortage. The …
China’s exports to Russia up by more than 20% as growth slows elsewhere
China’s exports to sanctions-hit Russia rose at a double-digit pace for the third consecutive month in September, bucking the trend of weakening external demand elsewhere amid the Russia-Ukraine war …
Foreign business groups in China wary as new Xi term begins
Overseas business groups in China expressed on Monday wariness about President’s Xi Jinping’s newly unveiled leadership team and his stated priorities, with some urging against greater state …
China’s Richest Lose $9 Billion in Selloff After Xi’s Reshuffle
The richest tycoons doing business in China have lost more than $9 billion in the market selloff that followed Xi Jinping’s tightening grip on the government.
