By Laurie Chen and Yew Lun Tian BEIJING (Reuters) -Chinese President Xi Jinping warned against decoupling from China as he opened the Belt and Road Initiative (BRI) forum in Beijing on Wednesday, …
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China opposes US semiconductor export controls – commerce ministry
Beijing resolutely opposes the United States placing export restrictions on semiconductors destined for China, the commerce ministry said on Wednesday in a statement, adding that the U.S. should cancel the export control measures as soon…
China’s Xi promises more market openness and new investments for Belt and Road projects
Chinese President Xi Jinping promised greater access to China’s market for international firms and new financing exceeding $100 billion for other developing economies as he opened a forum Wednesday on his signature Belt and Road…
China’s Xi promises open markets and billions in new investments for ‘Belt and Road’ projects
Chinese President Xi Jinping is promising foreign companies more access to China’s huge market and more than $100 billion in new financing for other developing economies …
ASML sees no short-term impact of updated U.S. rules on China exports
ASML , a major supplier of equipment to computer chip manufacturers, said on Tuesday it does not expect any short-term financial impact from newly updated guidance on U.S. restrictions on exports to China.
BYD shares jump on China EV manufacturer’s record quarterly profit
BYD Co. shares jumped the most in more than nine months in Hong Kong trading after China’s biggest electric car manufacturer posted record preliminary third-quarter earnings.
China’s electric vehicle giant BYD sees Q3 net profit as much as doubling
HONG KONG (Reuters) -Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. This was down to the …
Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them
Janssen was looking to replace her French-made gasoline-powered SUV with an electric car, she considered models from Volvo and Nissan. The Volvo extras she …
China’s economy grows 4.9% in Q3, beating expectations but slowing from previous quarter
China’s economy slowed in the summer as global demand for its exports faltered and the ailing property sector sank deeper into crisis. The government said Wednesday that the economy expanded …
EU Plan for China EV Tariffs May Hurt Germany, Minister Says
(Bloomberg) — Germany could suffer if the European Union slaps additional import duties on electric vehicles made in China with any protectionist move risking retaliation, according to the country’s …
China Primary Aluminum Import And Export Data In August 2023
According to customs data, China’s primary aluminum imports in August 2023 reached 153,000 mt, a month-on-month increase of 31% and a year-on-year increase of 211%.
America extends China chip export bans and acts to cut off backdoor exports
Chips cunningly designed to be less powerful and evade sanctions look to be in trouble The US Department of Commerce has extended sanctions against China – and now other countries – in its bid to…
China’s Economy Grew More Than Expected Over the Summer
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.