B YD Auto, China’s leading electric and hybrid vehicle manufacturer headquartered in the southern city of Shenzhen, announced this week it is launching a new sub-brand for premium, high-performance …
Tagged By business
Swiss Watch Exports Slow in July as China Sales Fall
China sales continued to fall in July, down 16.6 percent. China remained was the second largest market for Swiss exports, with 11.9 percent market share in July. July sales in Hong Kong were up 6.3…
China urgently needs to address economic uncertainty – EU business group chief
The head of an influential European business lobby in China said Beijing needs to send a clear message on how it plans to revive its economy and provide clarity on a national security crackdown that…
Arm Needed 3,500 Words to Detail Its Risks in China Before IPO
As it seeks to pull off what could the largest initial public offering of the year, Arm Holdings Ltd. spent more than 3,500 words explaining the risks it faces in China, a critical market that…
Explained: China is exporting deflation and here’s how it will impact India and the world
Aziz said that this scenario benefits India due to its robust export pricing and the deflationary environment in China. This dual effect, he said, not only curbs global disinflation in traded goods …
China spends nearly US$31 billion on importing Vietnamese goods
With regard to export prospects over the remaining months of the year, insiders pointed out that favourable customs clearance at the Vietnam – China border gates coupled with rising consumer demand …
As China loses its spot as the top US trade partner and faces a slowing economy, Chinese consumers and business owners are worried: ‘I can’t see any way to make money in this …
Chinese business owners and consumers told The New York Times they’re concerned about the economy.China is dealing with declines in manufacturing and trade as well as record-high youth …
China is on the verge of economic and social implosion
The West is waking up, as usual late in the day, to the fact that the post-Covid economic rebound that Beijing has stridently heralded since the start of 2023 is simply not going to happen.…
Korea’s Exports Fall as Chinese Economy Sputters
Korea’s exports fell below US$30 billion in the first 20 days of August because the economy of China, the country’s biggest export market, is sputtering.The Korea Customs Service said exports totaled …
Oil dips on possible easing of tight supply, China woes hurt demand outlook
Oil edged lower on Tuesday as the market waited to see if Iraqi oil exports resume, which could ease the supply tightness caused by the OPEC+ cut, while a faltering Chinese economy continued to …
China revises regulations to improve business environment
Citizens handle business at Shanghai’s Pilot Free Trade Zone Lingang Special Area in east China’s Shanghai, May 12, 2023. [Photo/Xinhua] Chinese Premier Li Qiang has signed a State Council decree …
China and Japan have a little less appetite for U.S. Treasurys
In Japan, currency also plays a role in reduced appetite for U.S. Treasurys. The yen is at a decades low, and some investors think it might rise as interest rates rise in Japan. If the…
SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm’s heavy exposure to the Chinese market risks drawing investor scrutiny to the IPO because of the mistrust between the U.S. and its rival superpower. The company said in its SEC filing that about …