President Joe Biden announced the U.S. would join an effort alongside allies to counter China’s growing global economic influence after taking action to roll back solar tariffs.
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Tesla employees reportedly say crowding and slow WiFi is roiling Elon Musk’s return-to-office mandate
Tesla’s workforce has more than doubled since the pandemic started, but workers told The Information space at its facility hasn’t kept pace.
Hypocritical for Johnson to do business with China while countering China with values
When leaders of G7 members convened in Germany for the summit, UK Prime Minister Boris Johnson on Sunday told CNN in an interview that a balance between protecting shared values and doing business …
China’s May industrial profits kept tumbling, raising calls for more government support
Central bank governor Yi Gang, in an interview with state media on Monday, reiterated oft-repeated sentiment that China’s economy continues to face … including from a decline in the appetite for …
China’s BSN chair calls Bitcoin Ponzi, stablecoins ‘fine if regulated’
The plan was eventually scrapped due to China’s hostility to crypto. Related: China warns Bitcoin is heading to zero but BoE looks on the bright side The news comes amid the Chinese government …
Hong Kong Exports Post Surprise Fall on China Curbs, Global Woes
Hong Kong’s exports surprisingly declined in May as trade with China continued to face disruptions from Covid and other global headwinds stalled momentum.
The week in review: Ping An banned from IPO sponsorship
This round-up focuses on the Chinese securities house being penalised for its work on Leshi’s IPO more than a decade ago …
China’s Economy Improves in June From Lockdown-Induced Slump
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergRussia Defaults on Foreign Debt for First Time Since 1918Hyundai Quietly Climbs …
COLUMN-Iron ore needs China stimulus action, not just words: Russell
However, there is little sign that this is happening as yet, with June imports expected to be more or less in line with those in May. China, which buys almost 70% of global seaborne iron…
China’s Avatr to Jointly Develop Four EV Models With Huawei
Avatr Technology, a high-end intelligent electric vehicle brand under Chinese carmaker Changan Automobile, will join hands with tech giant Huawei Technologies to develop four high-end smart EVs by …
China’s slowing exports more a result of weaker global demand
[Photo provided to chinadaily.com.cn] Recently, some people have argued that Vietnamese products are replacing China’s in global export markets and their reasoning is based on the divergence of the …
China Billionaire Trio’s Xinyi Solar, Xinyi Glass Warn Of Profit Drop; Stocks Slide
A fall in the price of solar glass and rising costs for raw materials have contributed to a warning of a drop in first-half profit at Xinyi Solar, one of the world’s largest suppliers of…
How ethnic Chinese women are preyed on by crypto swindlers
Qiao Er was idly scrolling through Douyin, the Chinese version of TikTok, one hot summer day in the southern Taiwanese port city Kaohsiung, when she came across a profile of a wealthy and attractive …
