Despite achieving success in the United States, Europe and other markets, Hyundai Motor and affiliate Kia continue to struggle in China, lagging behind their rivals in responding to rapidly-changing …
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Chinese AI Unicorn 4Paradigm Tries for Hong Kong IPO Again
Chinese artificial intelligence startup Beijing Fourth Paradigm Technology, which trades as 4Paradigm, has resubmitted its application to go public on the Hong Kong stock exchange just 10 days after …
China vows to boost support for export credit insurance
China said Wednesday that it is stepping up support for export credit insurance to spur the stable growth of foreign trade, especially for countries and regions participating in the Belt and …
China’s Horn of Africa envoy advances Beijing’s push for peace in strategic and complex region
Beijing’s newly created diplomatic post is set where civil wars, Islamist insurgencies and military coups have threatened investments.
Ramping up imports: China endorses new LNG infrastructure projects worth $2 billion
Two new LNG terminals to be built in Fujian and Guangdong will have a total LNG import handling capacity of more than 11 million tonnes a year.
China continues inroads in Middle East with plane sale to UAE
Saudi Arabia, Iran and Turkey were already members. What’s next: The Emirati Defense Ministry is in the “final stage” of negotiations with China’s National Aero-Technology Import & Export Corporation …
Global pig iron trade falls in 2021 as China import down
Continued restrictions on BF production in China may trigger imports. Global seaborne trade in pig iron shrunk by 3.4% in calendar year’21 (CY’21) to just over 13 million tonnes (mnt) from 13.83 mnt …
China’s oil dependence on imports sees drop
China’s dependence on crude oil imports has dropped for the first time in the past two decades in 2021, from 73.6 percent in 2020 to 72 percent in 2021, official figures said. Total crude imports…
‘Fashion-forward’ female favourite: China’s Yeyo plans plant-based innovation drive to target core audience
China’s first coconut yoghurt brand Yeyo has plans to bolster its product portfolio with more innovations targeting its core audience of ‘fashion-forward’ female consumers, banking on its successful …
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra’s Luna, Other Altcoins Jump
The eCNY and other CBDCs are digital versions of cash issued by a central bank, unlike bitcoin which has no single issuing authority; bitcoin surpassed $39,000 on Tuesday before dropping into the red.
The US government is ending the China Initiative but its chilling effects linger on, scientists say.
The Justice Department’s effort to prosecute cases of economic espionage had drifted from its stated mission and drawn fierce criticism for appearing to target researchers because of their ethnicity.
Tesla to expand parts production in Shanghai to meet export demand -document
Tesla Inc plans to expand parts production at its Shanghai factory to meet growing demand for exports, according to a document it filed with the city government.The automaker will add production …
UAE plans to buy L-15 aircraft from China
The UAE Ministry of Defense has said that it plans to buy 12 L-15 aircraft from China, state news agency WAM said on Wednesday, Al Arabiya reported. The Ministry will sign a contract with the…
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