China has become a major economic supporter of Russia since the invasion of Ukraine and is assisting Moscow in evading economic sanctions and export controls on technology, according to a U.S.
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China provides warfare parts, helps Russia evade sanctions, U.S. intelligence says
China has become an “even more critical” economic partner for Russia and helped the country evade sanctions tied to the invasion of Ukraine, U.S. intelligence officials said in a report published …
Foreign automakers drive China’s vehicle exports
China is well on track in 2023 to overtake Japan and become the world’s largest light-vehicle exporter, with global automakers emerging as a fresh force behind the country’s export boom.
Fundraising by crypto-focused VCs plunged in Q2 and it’s not going to get better soon
The second quarter of 2023 also saw a slew of Greater China-based fund managers raising or launching their Web3 funds — including BAI Capital, Token Bay Capital, ProDigital Future Fund, CPIC …
BRICS has a China problem, and it is a bit concerning
A keen observer of global diplomacy might have noticed an unusual absence at an upcoming international summit. This is not the first time that the BRICS assembly has seen such a situation, with Russia …
L’Oréal Upbeat On China Despite Market’s Softer Rebound
Second-quarter sales at L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States.
Indonesian President Widodo arrives in China and plans talks with Chinese leader Xi
BEIJING (AP) — Indonesian President Joko Widodo arrived Thursday in China and planned to meet with Chinese leader Xi Jinping. The two will discuss investments and “various strategic projects for …
Volkswagen Seeks to Regain Edge in China as It Cuts Delivery Forecast
The German automaker lowered its outlook for deliveries and announced changes to its China strategy as it struggles to regain ground lost to other automakers.
Blockchain Adoption: Commerzbank Is Reportedly the First German Bank to Complete Live Transactions on Trade Finance Network Contour
Commerzbank is reportedly the first German bank to complete a blockchain-based Letter of Credit (LC) transaction for its client, Ascentex Exim.
Here’s why China loves foldable smartphones
Foldable smartphones have been captivating the market since 2019, consistently experiencing remarkable growth year after year. Today, nearly all major smartphone OEMs have foldables in their lineup.
Exclusive: Beijing pushes for toning down of China risks in IPO prospectuses
Beijing has asked law firms to tone down the language used to describe China-related business risks in Chinese companies’ offshore listing documents, warning failure to do so could cost them …
What are global companies saying about China’s economy?
(Reuters) -Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world’s second-largest economy from a pandemic slowdown. Following are comments…
China prepares to unveil world’s largest trade fair as Beijing seeks to mend ties with economic partners
Record number of Fortune 500 participants expected at this year’s show, to be held between November 5 and 10, as entries exceed last year’s 284 companies Food and clothing products are seen drawing in many…