China’s total imports and exports of goods are expected to reach $6 trillion in 2021, the Ministry of Commerce said Thursday. The estimated figure sees an over 20 percent growth from a year earlier, …
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China’s December production picks up
China’s production recovered in December thanks in part to a leveling off of surging raw material costs. The National Bureau of Statistics says the Purchasing Managers’ Index, based on a survey of …
Foreign businesses worry as China food import law kicks in
Getting wine, chocolate, and coffee into China could get even harder from Saturday, with new import restrictions adding fresh hurdles for foreign companies bringing products into the world’s …
China halts dragon fruit imports from Vietnam over COVID-19 concerns
China has imposed a four-week ban on dragon fruit imports from Vietnam after detecting COVID-19 in some previous shipments …
Public Health Alert Issued For Meat, Poultry Products Imported From China
Authorities have issued a public health alert for meat and poultry products from China. They are deemed “ineligible” for import into the U.S. The products in question don’t have an eligible …
Mercedes swept up in China internet furore over model’s ‘slanted eyes’
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China’s Huawei says 2021 revenues down almost 30%, sees challenges ahead
BEIJING: Chinese telecoms equipment giant Huawei Technologies Co Ltd, battered by U.S. sanctions, expects 2021 revenue to have declined nearly 30% and predicted continued challenges in the New Year.
Asian stocks fillip by China tech rally
Hang Seng Tech Index rose about 4% and China climbed in wake of Nasdaq Golden Dragon China Index’s biggest one-day jump since 2008 on Thursday, though it’s still down more than 40% for 2021.
China factory activity edges up in December as commodity prices ease
Manufacturing activity in China edged up in December, official data showed Friday, beating expectations as the price of commodities eased and despite sporadic closures due to Covid outbreaks. The …
Didi reveals US$4.7bil loss ahead of Hong Kong IPO next year
Didi Global Inc disclosed a US$4.7bil (RM19.60bil) loss after revenues shrank in the September quarter, revealing the rising cost of a series of regulatory actions that will force China’s ride-sharing …
China central bank makes biggest weekly cash injection in two months
China’s central bank injected short-term funds through open market operations on Friday, bringing the weekly net cash support to the highest in two months.The People’s Bank of China (PBOC) said it …
China tech giants invest like there’s no stock slump
Amazon’s stock rose 6.5% during 2021, while its closest Chinese equivalent, Alibaba, lost nearly half its market capitalization. So why is Alibab …
China manufacturing activity continues to expand, beating exceptions in December
The official manufacturing purchasing managers’ index (PMI) rose to 50.3 in December, up from 50.1 in November The official non-manufacturing PMI, which measures business sentiment in the services and …
