A survey shows Chinese factory activity contracted in July as export orders shrank. That adds to pressure on the ruling Communist Party to reverse an economic slowdown.
Tagged By business
A New Semiconductor Shortage? What China’s Export Restrictions Mean For Big Tech
Via Metal Miner China’s announced restriction on the export of gallium and germanium goes into effect in August. Both of these …
Despite booming trade, US-China relationship evolving into an ‘ideological rivalry’
The US imported $ 575.69 billion worth of goods from China in 2022, the highest value of imported goods since 2018, according to the United Nations Comtrade Database. Despite an increase in the trade …
Shell to export LNG to China under new deal
UK supermajor Shell has signed an agreement with China’s state-owned PipeChina to export liquefied natural gas to the world’s largest energy consumer.
India’s accelerating growth can fill the global commodity demand gap left by a slowing China
India can make up for some of the commodity demand gap left by China given the latter’s slowing economic growth, ANZ projects.
First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto’s Decoupling From Stocks May Not Be Over
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What’s behind Russia’s mining boom?
Asia markets rise ahead of business activity surveys out of China
Asia-Pacific markets rose ahead of business activity data and inflation reports from countries around the region this week. On Monday, China will release its July purchasing managers index for both …
Experts share views on China’s economy
According to US Department of Commerce data, US imports of goods from China declined from 21.1 percent in 2016 to 15.04 percent in January 2023. In contrast, imports from Canada, Mexico, the European …
Asia markets poised to rise ahead of business activity surveys out of China
Asia-Pacific markets are set to largely rise ahead of business activity data and inflation reports from countries around the region this week. For Monday, China will see the official release of its …
China steals US’s thunder on GPS dominance
The waves of technological advancement are changing, and China is riding the crest. A new era dawns in global navigation, as the long-standing dominion of the United States in the field of satellite …
China’s 8 Biggest Weapons Manufacturers, and What They Build
Using 2021 arms sales revenue data from SIPRI Arms Industry Database, 24/7 Wall St. identified the eight largest Chinese weapons manufacturers. Among the companies on this list, 2021 arms sales …
Biden Rival RFK Jr. Just Issued A Shock Bitcoin Warning About A Looming $9 Trillion Crypto Price ‘Revolution’
Kennedy didn’t hide his apparent disdain for the large investment managers interested in bitcoin, many of whom have submitted …
China’s EV strength wins global recognition with Volkswagen-XPeng deal fully executed
XPeng, a rapidly rising Chinese smart EV maker and German auto giant Volkswagen Group announced on Wednesday that the two companies have entered into a framework agreement on strategic technical …