China’s investment in the lithium battery industry has led to an oversupply of batteries, causing smaller manufacturers to face closures. By 2025, China’s battery manufacturers are expected to produce …
Tagged By business
China’s export dominance to push container repositioning: Drewry
A world with a more diverse manufacturing base would contain, or stop, the costly rise of the long-distance empty repositioning of containers on the big East-West routes, which costs billions of …
China’s weak prices bring hope to West’s Christmas shoppers
Slow economic activity and a property sector downturn have depressed commodity prices and reduced input costs.
China’s EV threat: A carmaker that loses $48,000 a car
Nio and other companies in China’s EV sector have government backing that allows them to keep growing. Read more at straitstimes.com.
China’s third-quarter IPOs decline amid efforts by regulator to tighten the pace of fundraising
The number of initial public offering (IPO) activities in mainland China slowed down in the three months to September from the previous quarter, as the securities regulator moved to reduce share sales …
‘It could make China self-sufficient’: new strategic rare metal ore unearthed in Inner Mongolia
Scientists confirm discovery of new type of niobium ore in the world’s largest rare earth deposit Niobium is a key component in steel and superconductors, and could dramatically boost battery …
Resilient holiday consumption highlights China’s promising economic vitality
Popular attractions were bustling, central business districts saw surging sales, and blockbuster movies were released during the holiday period. Domestic tourism revenue soared to 753.43 billion yuan, …
China’s spy agency warns of more US tech curbs; promises to gain ‘the upper hand’
Ministry of State Security says a new round of US ‘sanctions and suppression policies’ could be brewing after Huawei’s smartphone success.
Sen. Schumer discusses trade, fentanyl crisis on 1st day of congressional visit to China
Senate Majority Leader Chuck Schumer and five other senators arrived in Shanghai on a three-country tour Saturday that will also take them to South Korea and Japan.
The unpredictable plot twist in US-China tech war
The world assumed the US-China technological conflict had clear battle lines. Yet, a surprising twist brings to the fore a technology known to many but considered benign in the bigger picture of …
Why China Is Cracking Down on Bitcoin Mining and What It Could … – TIME
The annual spring rains bring many changes to southwestern China’s Sichuan province. Downpours transform the mottled landscape into lush emerald, while …
China’s 4th batch of 2023 crude oil import quota at 9.54 million tons
China has issued a fourth batch of 2023 crude oil import quotas, raising the volume for the year to 203.64 million metric tons, three refinery sources …
Chinese tourists in Japan eat sushi amid Beijing’s seafood import ban
Chinese holidaymakers visiting Japan have said they are enjoying eating sushi amid Beijing’s ban on Japanese seafood imports, imposed following the release of treated radioactive water from the …