BEIJING – China recorded a surge in the number of new taxpaying business entities in the first 11 months of 2023, official data showed Tuesday. The data indicates the country’s economic vitality.
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Top exec of China Evergrande EV firm detained by authorities
A crackdown on excessive borrowing that began several years ago has left dozens of Chinese developers out of business or struggling for survival. The industry-wide meltdown has snagged a vital cog in …
Bridge dilemma captures divide over China in Taiwan elections
Pointing at Xiamen’s skyscrapers across the water from his office, Chen Tsang-chiang recalled how 30 years ago the southern Chinese city was as low-slung as his Taiwanese island of Kinmen. In the …
China looms large in Taiwan’s presidential election
A new leader will chart the future of the island’s relations with China, which has implications far beyond the Indo-Pacific.
Taiwan Dec exports beat forecasts as demand from US surges, slips from China
Taiwan’s exports rose more than expected in December on stronger demand for high-tech products from the United States, but the recovery is expected to slow as the traditional peak year-end shopping …
Too big to ignore: China made up 15% of revenue for the world’s top 200 multinational companies in 2022, Bain’s data shows
China remains an important market for multinational corporations (MNCs) this year as executives eye opportunities from a rebound in consumption, even if their prospects have been bedevilled by …
Lazada layoffs put spotlight on potential IPO, growing competition in South-east Asia
Potential investors would want to put money in a company where the cash burn is under control. Read more at straitstimes.com.
China’s exports grow for first time in 7 months in relief for factories
China’s exports grew for the first time in seven months in November, suggesting factories in the world’s second-largest economy are attracting buyers through discount pricing to get over a prolonged …
WRAPUP 1-China’s exports grow for first time in 7 months in relief for factories
Mixed manufacturing data for November has kept alive calls for further policy support to shore up growth but also raised questions about whether predominantly negative sentiment-based surveys have …
Ride the Blockchain Bandwagon with Canaan Stock (NASDAQ:CAN)
With the sharp sentiment pivot, several individual cryptos and sector-related enterprises flourished, except for Canaan (NASDAQ:CAN). Still, those who want a ticket on the blockchain bandwagon might …
Too big to ignore: China made up 15 pc of revenue for the world’s top 200 multinational companies in 2022, Bain’s data shows
China made up about 15 per cent of global revenue for 200 of the biggest MNCs from Japan, Europe and the US in 2022, according to Bain & Co’s data China’s role was even bigger…
Economic Watch: Riding RCEP momentum, China-ASEAN industrial cooperation continues to deepen
Boosted by the Regional Comprehensive Economic Partnership (RCEP) agreement that entered into force on Jan. 1, 2022, industrial cooperation between China and ASEAN has continued to deepen over the …
Price Wars Break Out Among Consumer Brands in China as Growth Slows
A new chain of grocery stores that stocks only deeply-discounted soon-to-expire foods. These are some of the deals foreign and domestic brands are rolling out to woo Chinese shoppers trying to stretch every penny as…