BEIJING: China’s aluminium imports in the first half of 2023 rose 10.7% from a year earlier, customs data showed on Tuesday, with domestic supplies constrained by power woes and demand expectations.
Tagged By business
China AI Chip Firm Targeting Nvidia Seeks Hong Kong IPO in 2023
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter, aiming to …
China’s Beer Sales Boom in First Half Driven by Hot Demand for Craft Beers
While Zhujiang Beer is anticipating a between 10 percent and 20 percent jump in net profit to between CNY345 million (USD48 million) and CNY377 million. The Guangzhou, southern Guangdong …
Australian skincare brand Grown Alchemist expands into China
Australian skincare label Grown Alchemist has expanded into China through an exclusive partnership with Sephora China.
China not in deflation zone
The United States is on the edge of an economic recession, the eurozone is already tackling recession and Japan’s growth remains around 1 percent, but China is still growing — four times faster than …
Explainer-What to watch for in China-US climate talks this week
U.S. tariffs on Chinese solar panels have been a sore spot since former President Donald Trump’s administration imposed them in 2018, arguing that China’s low-cost products were hurting domestic …
Chipmakers push back on US restrictions on semiconductor exports to China
Executives from leading U.S. semiconductor manufacturers met with the Biden administration on Monday as the largest trade group representing chipmakers pushed back against expansion of restrictions on …
Is GDP still a useful gauge of China’s economy?
Li agrees China’s economy is weak right now, but he said it still has a lot of potential. As for entrepreneur Zhu, he is still looking for a bigger office space for his business but…
Business Highlights: China’s economic growth is slowing; Russia ends Black Sea grain export deal
China’s economy misses growth forecasts, raising the odds of more support for its tepid recovery. HONG KONG (AP) — China’s economic growth missed forecasts in the second …
Is China’s boom turning to bust? Youth unemployment races to a record high as economy suffers sharp slowdown
China has also been hit by the cost of living crisis in the … Slowing retail spending among Chinese shoppers is a big concern for many luxury brands which rake in a large portion of…
Chinese Motorcycle Brand Jonway Debuts The YY800-2 Cruiser
One brand that we’ve discussed quite a bit is Jonway, a Chinese company known for its cruisers in the small to mid-displacement range. Jonway doesn’t shy away from revealing its design influences, as …
Bally Taps Roy Wang as New Global Brand Ambassador
The Chinese singer and actor will front the brand’s fall 2023 campaign and appear in regional festivity campaigns, such as for Chinese Valentine’s Day and Lunar New Year.
Yellen warns of ‘negative spillover’ from China’s economic slowdown
Treasury Secretary Janet Yellen warned that China’s economic slowdown risks “negative spillovers” into the U.S., but maintained a recession is unlikely.