The demise of the U.S.-China trade deal is a good thing, says University of Chicago’s Chang-Tai Hsieh, who argues China would have needed to resort to economic coercion to fulfill its obligations …
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China remains biggest export country for German electrical, digital industry in 2021
China remained the biggest export country for Germany’s electrical and digital industry in 2021, the country’s Electro and Digital Industry Association (ZVEI) said on Monday. The industry’s exports to …
Lotus Offers Glimpse of SUV to Drum Up Support for Possible IPO
(Bloomberg) –British sports-car maker Group Lotus Plc is touting its electrification push to help drive interest in a potential listing of its China-based business … on whether or not to proceed …
China asks biggest state-owned banks to report exposure to Jack Ma’s Ant Group: Report
Chinese authorities have asked the biggest state-owned firms and banks to conduct thorough checks on their financial exposure and other links to billionaire Jack Ma’s Ant Group and report the findings …
Global Times: China’s zero-COVID strategy: minimum costs for maximum gain, economists say
China’s Lunar New Year holidays just ended, yet across the country, factories have already been roaring back. Goods from iPhones, Tesla vehicles and daily necessities to medical gear flow from the …
China denies rocket set for moon crash was from 2014 Chinese mission
China’s foreign ministry on Monday denied a U.S. report that a spent rocket booster forecast to crash on the far side of the moon next month was debris from a Chinese lunar mission in 2014.
Investors in markets outside China are more mature, says crypto exchange firm
Du Jun of Huobi discusses the Chinese government’s cryptocurrency crackdown and says governments in markets outside of the country need not impose strict regulations as their investors “have more …
Lotus roadshow launched ahead of possible IPO early next year – reports
China’s Geely Automobile Holding launched an international roadshow that could lead to an initial public offering (IPO) for the luxury car brand Lotus as early as next year, rep …
China warns consumers not to use Abbott formula products
China Customs has warned consumers from buying and eating infant and baby products of Abbott Laboratories, according to said in a post issued on Sunday on its website.The General Administration of …
Debt-Ridden China Evergrande to Continue Soccer Business, Chairman Says
China Evergrande Group will continue its soccer business, the debt-ridden Chinese developer’s chair said. Evergrande will develop its soccer club Guangzhou Evergrande into a cradle of Chinese soccer …
Lotus eyes up IPO to supercharge production
Iconic British car maker Lotus is heading towards a multi-billion pound floatation as it readies to open a new production plant in China and targets 100,000 sales a year by 2030.
Trade deficit with China worsens with $23bn imports in 2021
Nigeria has topped the chart amongst African countries importing from China in 2021 with imported goods valued at $23 billion (about N9.6trillion) or 16 percent of total continent’s imports from China …
Endearing Olympics panda does brisk trade on blockchain
The blockchain technology features an immutable data record that … “Bing Dwen Dwen is a panda, an emblematic animal in China, clothed in a full body suit of ice… symbolizes the physical and mental …