Latest news on China’s economy shows an improvement from the recent past, but huge problems remain to keep economic growth problematic.
Tagged By business
A bleak future for China’s weakest EV makers
China Automotive Technology and Research Center data show that among 91 active EV makers in China, almost one-third of them are registering sales of less than 500 vehicles a quarter.
Ministers could reopen trade talks with China
Plans to reconvene a joint trade committee with China are being considered by the government, according to a report. Officials are said to be examining options to strengthen trade ties with the Asian …
Investors Think China’s Number One EV Maker BYD Is About To Take Off
Amid all the hype over EVs, China’s largest producer of energy-efficient vehicles has been getting less love that some investors think it deserves.
Apple’s iPhone 15 Sales Down By Sharp ‘Double-Digit’ Percentage In China Amid Huawei’s Stellar Rebound
Apple Inc.’s (NASDAQ:AAPL) latest iPhone 15 is struggling to gain traction in China as homegrown rival Huawei Technologies surges ahead. What Happened: There is a 4.5% drop in sales of the iPhone 15 …
China’s robust imports of major commodities question weak economy view
China’s imports of major commodities remained resilient in September and paint a different picture to the market narrative that the world’s second-largest economy is struggling for momentum.
US tackles loopholes in curbs on AI chip exports to China – official
The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration’s …
A Week of Economic Twists: From Russia’s Financial Reforms to Global Crypto Controversies
The intricate dance of international economics and diplomatic ties often unfolds in ways that are as fascinating as they are complex. Last week, a series of events from Russia to Iraq and China …
Stussy, Stone Island, Arc’teryx bet big on China’s hypebeasts
Over the course of 2023, streetwear brands have been showing confidence in the mainland, and engaging China’s hypebeasts via major bricks-and-mortar openings and activations.
Nvidia Stock Drops. AI Chip Exports to China Are Under Threat
Nvidia shares were falling early Monday following a report the chip maker could face further restrictions on exports of its artificial-intelligence chips to China.
After China, Russia Suspends Japanese Seafood Imports
It said the restrictions would remain in place “until the necessary exhaustive information to confirm the safety of seafood produce … is forthcoming.” …
China’s New-Energy Vehicles: Charging Ahead in Global Automotive Trade
A sense of anticipation filled the air, as the bustling halls of the Canton Trade Fair in Guangdong Province, South China, showcased a dazzling array of new-energy vehicles (NEVs). Despite the clatter …
China’s ‘Double 11’ Shopping Festival: A Retail Showdown
As autumn leaves blanket the streets of Beijing, a different sort of preparation is underway. China’s retail giants, JD.com and Tmall, are gearing up for the annual “Double 11” online shopping …