Volkswagen’s unit sales fell by 2.3% in 2024 to just over nine million vehicles, the carmaker reported on Tuesday, after a challenging year in its two key markets of Germany and China.
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Biden argues China ‘will never surpass us’, as Washington aligns on being tough on Beijing
Biden’s final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.
Chinese Shares End Higher After Beijing’s Pledge to Stabilize Market
Chinese shares ended higher, supported by the country’s securities regulator’s pledge to stabilize the market. The China Securities Regulatory Commission Monday said it will work with the PBOC to enha …
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in…
Inbound trips to Beijing up 187% in 2024
BEIJING – In 2024, the Chinese capital Beijing has seen 3.94 million inbound tourism trips, up 186.8 percent year-on-year and equivalent to 88.9 percent of the total for 2019, said local authorities …
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite
China’s economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the blow…
Nvidia CEO to visit China amid Beijing’s antitrust probe, US AI chip curbs
Jensen Huang is set to tour the mainland Chinese cities of Shenzhen, Shanghai and Beijing, before flying to Taipei later this week.
China’s coastal water temperatures hit record high in 2024
The average temperature in China’s coastal waters rose for a second consecutive year in 2024 to a record 21.50 degrees Celsius (70.7 degrees Fahrenheit), authorities said, in a year that was the world’s hottest since…
China’s electric car boom is expected to slow down in 2025
China’s electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.
Muhammad Aurangzeb also pledges more cooperation with Beijing on key economic strategy to boost bilateral trade, investments
Muhammad Aurangzeb also pledges more cooperation with Beijing on key economic strategy to boost bilateral trade, investments.
China reportedly building ‘D-Day’-style barges as fears of Taiwan invasion rise
China is reportedly building a series of barges for amphibious landings amid fears of an invasion of Taiwan, its island neighbor, according to reports.
China’s retail investor sours quickly on stocks
Day-trader Lu Delong’s optimism for a China stocks rally quickly evaporated in the first week of the year when, just three months after positioning for a surge fuelled by Beijing’s stimulus pledges, …
U.S.-China relations might not as bad under Trump’s second term as his first term: David Woo
David Wood, CEO of David Woo Unbound says various signs show that Trump actually wants to jump-start U.S.-China relations as he is getting ready for his second term.
