Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the …
Tagged By china
Why the Pentagon is investing $400 million in a rare earths company to counter China
In a dramatic effort to reduce US reliance on China for critical minerals, the Pentagon is investing $400 million in MP Materials, the only company currently producing rare earths in the United States …
Shanghai officials warm to stablecoins despite China crypto ban: Report
Shanghai State-owned regulator held a meeting to discuss strategic responses to stablecoins amid growing calls to develop a stablecoin pegged to the Chinese yuan.
Tariffs, EVs and China Podcast: A CEO Insider’s View of the Car Business
The global car industry has grappled for months to navigate the Trump administration’s trade war. That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North …
China’s deflationary slide is worsening as companies spiral into price wars
From coffee to cars to real estate, there’s a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.
US Moves To Loosen China’s Grip on Rare Earth Minerals
MP Materials has announced plans to expand rare earth mining and processing operations as Washington seeks to end its dependence.
Struggling Chinese EV brands go global to flee brutal price war at home
Once a rising star among China’s electric vehicle startups, Neta Auto is facing backlash in its largest overseas market as its parent company enters bankruptcy restructuring — fueling concerns that …
Shougang Lanzatech delays Hong Kong IPO again due to dispute with JV partner
Beijing Shougang Lanzatech Technology on Friday said it will again delay its Hong Kong initial public offering and did not provide a new timetable due to a dispute with a joint venture (JV) partner.
China’s Chery and BYD could face repayment of EV subsidies after audit uncovers irregularities
China’s Chery and BYD (OTCPK:BYDDY) (OTCPK:BYDDF) allegedly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold between 2015 and 2020 that did not meet eligibility …
PM must read the tea leaves on China security and trade
We should question whether Albanese’s visit will meaningfully improve Australian-Sino relations or simply serve as political window dressing for both sides.
China, Egypt sign MoU to boost financial ties, promote local currency settlement
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, promoting local currency settlement, central bank digital currency, and digital …
China’s Iranian oil imports near record highs as traders circumvent sanctions
China’s import of Iranian crude oil continued to rise last month as shipments were close to the record highs touched in March, Vortexa said.
China’s Bid for ‘Global Yuan’ Finds Double-Edged Sword in Stablecoins
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the Chinese currency at a disadvantage.
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