A very large crude carrier (VLCC), capable of taking 2 million barrels, was the norm for shipping Urals oil to China before Russia’s invasion of Ukraine. The demand for smaller tankers highlights the …
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Inside China: Local designers talk delays, uncertainty and slumping orders
To receive the Vogue Business China Edit, sign up here. The resurgence of Covid-19 since March in Shanghai has thrown China’s fashion industry into disarray. Shanghai Fashion Week was postponed, with …
Coal market calm as China’s import tax cut looms
News that China has decided to temporarily suspend coal import tariffs from May 1 to ensure energy security is having little supply-side impact on the market, according to Chinese industry sources on …
ARM Holdings IPO is back on after rogue China boss removed
After NVIDIA pulled out of its US$40bn takeover bid, Softbank had been unwilling to pursue an IPO while its 49% owned Chinese joint venture remained in flux after its chief executive Alan Wu was fired…
The top smartphone brand in China is completely unexpected
Huawei was forced to sell Honor back in November 2020 due to US sanctions, making it an independent brand in the process. Now, over a year after Honor gained independence, the company has reportedly …
Is China Juicing GDP Data? Economists Can’t Help But Wonder
Even by these standards, though, China’s reported GDP acceleration to 4.8% in the … Jack Ma has been largely out of public view since regulators started to clamp down on his business empire in …
Fonterra says China dairy imports dropped 29 per cent in March
Covid-related port congestion and supply chain delays helped drive China’s imports of Fonterra dairy products down sharply in March, the co-op said in a global market update. It said China’s import …
China regulator says Tesla recalls 14,684 imported and locally-made Model 3s
SHANGHAI, April 29 (Reuters) – Tesla Inc (TSLA.O) is recalling 14,684 imported and locally-made Model 3 cars in China on software issues that could … Reuters provides business, financial, national …
Arm’s path to IPO smoothened after its Chinese venture ousts CEO
Arm China and Allen Wu did not immediately respond to requests … complicating Arm’s efforts to audit the unit’s financials which is crucial to its planned IPO. On Thursday, Wu told Chinese media …
Chinese buyout baron’s dissent challenges Beijing
It adds risk to the IPO of his firm, PAG, but making an example of him would be tricky. His sentiments are shared in the financial community. Shan Weijian, the founder and chair of private…
China’s manufacturers remain key to global supply chain, producers ‘ even more dependent’ on world’s factory
The organisation partners with global brands and other institutes to supervise working conditions and product quality at hundreds of Chinese factories. Was the US-China phase-one trade deal a …
The quest for mutual benefit: The complicated China-U.S. business relationship gets more complicated
At the Business Times’ annual Bridge From China event sponsored by Nixon Peabody, we asked six experts on Chinese-U.S. relations to tackle the complex nuances of the political and business …
More Infrastructure Stimulus Is the Last Thing China Needs
Through dozens of new laws, Wyoming hopes to become America’s blockchain headquarters, attracting businesses from across the crypto sector. Whether they show up though is yet to be determined.
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