The trade value between China and GCC countries reached $315.8 billion in 2022. China has also become the GCC’s top trading partner and the leading destination for petrochemical product exports within …
Tagged By china
BMW says diversifying risks does not mean it is leaving China
Earlier this month, the European Union launched a probe into subsidies for China-made electric vehicles exported to Europe, following a surge in EU imports of such vehicles from China. German …
China Spodumene Concentrate Imports Skyrocket In September, With Australia Being Top Supplier
In September, China’s import volume of spodumene concentrate skyrocketed to 490,000 mt, up 119% MoM and 105% YoY.
Stellantis resets China strategy with $1.6 bln stake in EV firm Leapmotor
China’s Zhejiang Leapmotor Technology on Thursday said it will issue shares worth HK$8.51 billion ($1.09 billion) to Stellantis NV .
China Q3 smartphone sales down 5%, but Huawei boosts share-Canalys
BEIJING (Reuters) -Smartphone sales in China fell 5% in the third quarter compared to the same period last year, extending a declining trend as the economy slows and cost-conscious consumers delay …
China’s home appliance maker Midea Group applies for Hong Kong listing in what could be one of the biggest IPOs in recent history
Midea Group, the world’s biggest home appliances maker, has submitted plans to list its shares in Hong Kong after an initial public offering (IPO) which could be one of the biggest in recent history.
China’s Economy Facing “Tremendous Challenges,” Former Deputy Central Banker Says
Zhu is currently the vice chairman of China Center for International Economic Exchanges. He serves as a member of the “14th Five-Year Plan” Expert Committee, a member of the Foreign Policy Advisory …
How Country Garden Plays Into China’s Property Mess
China’s real estate crisis is showing no sign of abating, depriving the world’s No. 2 economy of one of its biggest growth drivers. China Evergrande Group, once China’s largest developer, defaulted in 2021, followed by…
China rushes to swap Western tech with domestic options as U.S. cracks down
China has spent heavily on replacing computer equipment … equipment doubled to 235 from 119 in the 12 months after September 2022, according to a finance ministry database seen by Reuters. In the same period,…
China smartphone shipments fall 5% y/y in Q3 to 66.7 million handsets -Canalys
Smartphone shipments in China fell 5% year-on-year in the third quarter to 66.7 million handsets, research firm Canalys reported on Thursday. The Honor smartphone brand took first place by sales, …
Insight: China rushes to swap Western tech with domestic options as U.S. cracks down
China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.
Meta’s ad rebound gets huge assist from China even though its services are banned there
Meta finance chief Susan Li told analysts on Wednesday that Chinese companies played a major role in the third quarter in driving revenue growth
Stellantis to buy about 20% stake in China’s Zhejiang Leapmotor for $1.6 billion
(Reuters) -Stellantis NV said on Thursday it would invest 1.5 billion euros ($1.58 billion) to acquire approximately 20% of Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology. Leapmotor said in a separate statement that it…