US President Donald Trump may have touted the latest trade deal between the US and China as a win for America. But it’s Chinese leaders who have walked away with an extra spring in their…
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China’s 618 shopping fest sets record, but daily spending slips
China’s largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an extended sales period aimed at enticing consumers to part with more of …
Global IPO activity slumps in 2025 as tariffs, volatility weigh
Global equity IPOs have plunged this year, weighed down by heightened business uncertainty from U.S. tariffs, elevated market volatility and higher interest rates that have raised funding costs and …
China approves rare earth export licences for select firms, says commerce ministry
China’s Commerce Ministry said Thursday it had approved “a certain number” of rare earth export license applications but declined to disclose specifics, including quantities or how many involved U.S.
China has granted rare earth export licences to some firms, commerce ministry says
China’s commerce ministry said on Thursday that “a certain number” of rare earth export licence applications had been approved, but declined to give further details such as the exact amount and how …
What China’s Listing Frenzy in Hong Kong Means for Investors
Chinese companies are lining up in droves to list on the Hong Kong stock exchange, sparking a frenzy in a market that has been forsaken by investors and companies for many years.
China’s EV powerhouse BYD accelerates into Europe’s heartland
LONDON] A synchronised flock of drones lit up the sky above Rome’s Olympic Stadium last month to mark the European launch of the latest electric hatchback from Chinese carmaker BYD. Read more at The …
China’s Foshan Haitian Makes Hong Kong Debut After $1.3B IPO
Foshan Haitian raised HK$10.13 billion in the stock offering, equivalent to US$1.29 billion, making it one of the biggest IPOs in Hong Kong so far this year. Cornerstone investors included …
David Sacks says overly strict US export controls may backfire because China’s AI models are just ‘months behind’
January’s DeepSeek launch challenged assumptions that Chinese AI models were years behind the US, David Sacks said.
Taiwanese entrepreneurs in China feel heat from cross-Strait tensions
Bustling Taipei-style shopping streets, majestic temples to the island’s deities and thriving factories dot the eastern Chinese city of Kunshan. For years, Kunshan has been a hub for Taiwanese …
US, China collaboration vital for global supply chains
The global supply chain is also heavily reliant on Chinese companies for the manufacturing of ships, ceramics and textiles as China is the world’s biggest exporter of these products, data from the …
David Sacks said China is only months behind the US in AI, not years, despite export bans
David Sacks, who leads crypto and AI policy under President Donald Trump’s White House, warned on Wednesday that China is no longer playing catch-up. During an interview with Bloomberg Television, …
China to expand digital yuan globally and develop a multi-polar global currency system
The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one …
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