The latter has held a 26.5% stake since a $6.6 billion government-orchestrated bailout of Huarong in 2021. Given Huarong’s heavy exposure to China’s struggling real estate sector, the name change may …
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China is willing to be a ‘partner and friend’ of the US, Xi tells American CEOs
China is willing to be “a partner and a friend” of the United States, Chinese leader Xi Jinping told American business leaders in San Francisco on Wednesday, as he sought to court US companies amid…
Biden, Xi’s ‘blunt’ talks yield deals on military, fentanyl
By Trevor Hunnicutt, Jeff Mason and Steve Holland WOODSIDE, California (Reuters) -U.S. President Joe Biden and Chinese leader Xi Jinping agreed on Wednesday to open a presidential hotline, resume military-to-military communications and work to curb…
Mainland China’s business environment for Taiwanese firms has some feeling ‘targeted’ – so why stay?
Many businesses from across the Taiwan Strait are still hoping to cash in on the mainland Chinese market, but red tape and other legal requirements and checks make it a daunting challenge.
Biden’s Very Trumpian China Policy
Despite peace talks with Beijing, there is little hope of de-escalating nuclear tensions in Asia, experts say.
Japan’s export growth slows as China, global downturn risks loom
Japanese exports grew for a second straight month in October but at a sharply slower pace due to slumping China-bound shipments of chips and steel, as weakening external demand takes its toll on the …
U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit
U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries.
Beer imports from China plunge 43 pct after worker urination video at Tsingtao
South Korea’s beer imports from China plunged more than 40 percent last month from a year earlier following the release of a viral video showing a man urinating into a tank at Tsingtao Brewery, the…
Muji eyeing China for top-slot market
Muji, which currently has over 385 stores in China and 400 in Japan, is eyeing 50 new stores in the Chinese market by August 2024. If it is able to meet the target, there will…
Measuring the US and China’s conscious decoupling
The United States prefers to talk about efforts to reduce its dependence on China in positive terms. American officials use terms like “de-risking”, “friendshoring” and safeguarding “national security …
Polestar 4 Production Starts In China, International Sales In 2024
Customer deliveries will begin before the end of this year.
China’s Not-So-Special Economic Zone Embodies a Harsh New Reality
Without the promised changes, Qianhai’s remaining selling points are income taxes of 15%, versus 25% in most of China, its proximity to Hong Kong, and some of the country’s newest office and commercial facilities, which…
Biden should be asking Xi Jinping why he’s trying to be the ‘enemy’ of the American people: Steve Yates
AFPI senior fellow Steve Yates discusses the upcoming meeting with Biden and Xi Jinping, China’s rising aggression and U.S. business executives expecting to dine with the Chinese president in San Francisco.