Apple CEO Tim Cook met with China’s minister for industry and information technology, Jin Zhuanglong, on Wednesday in Beijing, according to a statement from his ministry. Jin said that he hoped Apple …
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Beijing officials crack down on illegal store closures
Authorities in Beijing have launched the country’s first crackdown on illegal store closures that exploit and violate consumers’ rights, and have placed two enterprises, three intermediary agencies …
Vietnamese lobsters claw back to prominence in China after temporary dip
Following a sharp decline last year, China’s imports of lobsters from Vietnam have returned to healthy levels with the same speed.
IMF warns on China’s property market worsening as it cuts country’s growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.
China’s Economic Stimulus Isn’t a Game Changer, JPMorgan’s Zhu Says
Beijing’s latest blitz of economic policy measures is designed more to mitigate risks than to provide broad stimulus in the near term, according to Haibin Zhu, chief China economist at JPMorgan Chase …
China Resources Beverage shares jump 13.5% on Hong Kong IPO debut
Shares of drinks maker China Resources Beverage leapt 13.5% on its Hong Kong trading debut on Wednesday after raising $540 million in an initial public offering (IPO).
Takeda: China will become second-largest market by 2031
Having been in the Chinese pharmaceutical market for 30 years, Japan’s Takeda is optimistic about the market and will keep investing in the country, a senior company executive has said.
China’s exporters run for cover as US election nears
By David Kirton, Casey Hall and Ellen Zhang GUANGZHOU, China (Reuters) – If Donald Trump wins next month’s U.S. presidential election, Mike Sagan’s toy-making company will halve its China supply chain …
Senators seek Biden administration review of undersea cable vulnerabilities
A bipartisan group of eight U.S. senators on Monday urged President Joe Biden to order a review of the security of the global network of undersea communications cables that handle nearly all the world …
Senators urge Biden to review security of undersea cables handling world’s internet traffic
More than 400 subsea cables form the backbone of the internet, carrying over 95 per cent of the world’s data traffic. Read more at straitstimes.com.
China’s stimulus measures not enough, Yellen and IMF chief economist say
China’s latest stimulus measures moves will not meaningfully boost domestic demand, leaving a major source of trade friction intact, U.S. Treasury Secretary and International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday.
Top international fashion brands debut new collections as a vote of confidence in China
Top international fashion brands are launching new collections in China economic hub Shanghai, a vote of confidence in the country consumer market …
Germany bets on India to reduce reliance on China
Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany’s reliance on Beijing even if India does not turn …
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