The collective net worth of tycoons on the 2024 Forbes list of China’s 100 Richest rose just above the US$1 trillion mark.
Tagged By business
China is bracing for fresh tensions with Trump over trade, tech and Taiwan
As U.S. President-elect Donald Trump prepares for his second term in office, China is bracing for unpredictability in its ties with the United States.
Why Trump tariffs pose a bigger threat to China’s economy this time
A threat by Donald Trump, who has been elected as the next U.S. president, to impose 60% tariffs on U.S. imports of Chinese goods poses major growth risks for the world’s second-largest economy.
Burger King Eyes Leadership Change for China Business
RBI International CEO Josh Kobza had plenty of positive remarks on Burger King’s performance internationally. He recalled a recent trip to Japan, where he firsthand saw “dramatically” improved …
China Sales Decline for Top Car Multinationals as Local EV Brands Thrive
Foreign carmakers are losing ground in the world’s biggest auto market. As the Chinese market for combustion engine vehicles shrinks, local automakers such as BYD, Geely Holding Group, and Li Auto …
Tech industry fears China will retaliate against Trump’s 60% tariffs
These tariffs are taxes that Americans pay on restricted Chinese goods, imposed by both presidents as a tactic to punish China for unfair trade practices, including technology theft, by hobbling US …
From Taiwan to trade, China braces for more rivalry as Trump claims victory
As Republican Donald Trump claimed victory in the U.S. presidential election, defeating Democrat Kamala Harris, China is bracing for four more years of bitter superpower rivalry over trade, technology …
China’s income, job woes still weigh heavy as consumption campaign targets 5 key cites
Events will take place in Shanghai, Beijing, Guangzhou, Tianjin and Chongqing in November to coincide with China’s annual Singles’ Day event.
China’s cheap Iranian oil supply at risk from tighter Trump sanctions
China faces a squeeze on supplies of cheap Iranian crude, which make up about 13% of imports by the world’s biggest buyer of oil, if Donald Trump ramps up enforcement of sanctions on Tehran after…
Shanghai’s historic Zhangyuan takes center stage at China International Import Expo
Shanghai’s historic Zhangyuan, a shikumen -style complex in Jing’an District, takes center stage at this year’s China International Import Expo as a vibrant showcase of the city’s unique blend of …
China’s Xpeng bets on extended-range hybrid tech to boost sales
Xpeng unveiled its extended-range hybrid technology on Wednesday, as the Chinese electric vehicle maker bets on a pivot to such products that are more cost-competitive than pure EVs to boost sales and …
KITA participates in China’s largest import expo
The nation’s leading trade association is currently participating in China’s largest import exhibition to help Korean firms explore new export opportunities.
Number of private business entities in China surges over 4-fold in a decade: official data
The number of private business entities in China reached approximately 1.81 trillion by the end of September, accounting for 96.37 percent of the country’s total business entities and marking a more …
