Climate czar John Kerry heads to China this Sunday. The nattering nabobs of negativity will point to the weaker-than-expected June export/import data though that should make you worried about the …
Tagged By business
China’s chip imports slump in first half as US sanctions and ongoing tech war take a toll on trade
Downward trend in trade data comes amid increasing efforts by the US to restrict China’s access to advanced chips China’s imports of integrated circuits dropped to 227.7 billion units in the first six …
Circle CEO suggests a Yuan-based stablecoin could benefit China’s national currency
Circle CEO Jeremy Allaire highlights the potential of a yuan stablecoin to enhance the global adoption of China’s currency, expanding adoption and global reach for the digital yuan …
Germany Says China Trade Could Create Perilous Dependence
A long-awaited strategy statement is an attempt to set a coherent approach for dealing with China, Germany’s largest trading partner, in policy and business.
Germany publishes new strategy on ‘increasingly assertive’ China
Germany published its long-awaited China strategy on Thursday, which took stock of an “increasingly assertive” Beijing and outlined possible responses such as outbound investment controls on …
McDonald’s affirms confidence in China market
McDonald’s China has said the company’s shareholding structure will not change and it is on track to achieve its goal of running 10,000 stores in the Chinese market.
Germany presents long-awaited strategy on China, stresses economic security
The German government has presented a long-awaited strategy for relations with China that points to a “systemic rivalry” with the Asian power and a need to reduce risks of economic dependency, but …
China’s Worse-Than-Expected Exports Deal New Blow to Economy
China is facing pressure on trade as foreign shipments drop off and domestic demand remains weak, with a darkening global growth outlook and geopolitical tensions making a reprieve unlikely anytime …
Alert: China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed
HONG KONG (AP) — China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed.
McDonald’s China owners Carlyle, Trustar plan partial exit with US$4 Billion stake sale; GIC, Mubadala among investors approached
Carlyle Group and Trustar Capital plan to raise US$4 billion from investors like Singapore’s GIC who may buy part of their stakes in McDonald’s operations in Hong Kong and mainland China.
China’s June crude imports soar 45.3% y/y as inventories build
China’s crude oil imports in June jumped 45.3% on the year to the second-highest monthly figure on record, customs data showed on Thursday, with refiners building up inventories despite tepid domestic …
People’s Daily unit issues first ‘data certificates’ in China to prove data ownership and rights
People Data, a unit under the People’s Daily, has issued certificates covering data ownership, data processing rights and data management rights The company, which hopes to build a nationwide data …
China brands US a ‘global hacking empire’ – while denying government attack
China has called the US government ‘the world’s largest hacking empire’ in response to a Microsoft report accusing Chinese state-sponsored hackers of snooping on US government emails.