Beijing has struck a deal with the former Soviet central Asian republics of Kyrgyzstan and Uzbekistan to build a railway.
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China’s 618 e-commerce festival sees a decline in sales for the first time in 8 years, data firm Syntun says
China’s annual “618” mid-year e-commerce sales festival saw sales drop for the first time as economic woes continue to weigh on consumers.
China’s famed panda breeding center bans 12 tourists for life over bad behavior
A dozen tourists have been banned for life from China’s Chengdu Research Base of Giant Panda Breeding for bad behavior like throwing cigarettes and spitting.
‘Only pirates do this’: Philippines accuses China of using bladed weapons in major South China Sea escalation
The Philippines has accused China’s Coast Guard of launching a “brutal assault” with “bladed weapons” during a South China Sea clash earlier this week, a major escalation in a festering dispute that threatens to drag…
Chinese manufacturers urge Beijing to hit back at EU electric car tariffs
Chinese carmakers have urged Beijing to hit back against European Union tariffs on electric vehicles (EVs) with the “most severe measures” in the latest sign of global trade tensions…
Rains Lash Southern China as Rising Rivers Threaten More Flooding
Authorities in Guilin, a major city in Guangxi in southwest China, raised a “red” flood warning signal, the highest level, late on Wednesday when the water level of the Li River, which runs through the…
CATL plant to come up in Beijing E-town
The Beijing Economic-Technological Development Area, or Beijing E-town, welcomed Contemporary Amperex Technology Co Ltd, China’s largest automotive lithium-ion battery maker, into its fold on Tuesday. The company began construction of its first battery plant in…
Why China is behind Putin and Kim’s budding friendship
As Mr Putin hails his “firm friendship” with Mr Kim, he must know it has a limit. And that limit is Chinese President Xi Jinping. A wary Beijing is watching There are some signs Mr…
Europe’s Big Battery Plans Drained by China, US
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
China car firms seek 25% tax on EU – state media
C hinese car companies have called on Beijing to hit European Union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from China, the country’s state media has…
Philippines demands China return rifles and pay for boat damage after hostilities in disputed sea
The Philippine military chief has demanded China return several rifles and equipment seized by the Chinese coast guard in a disputed shoal and pay for damage in an assault he likened to an act of…
Asia markets are set to open lower as investors await China loan prime rates
The one-year LPR currently stands at 3.45%, while the five-year LPR is at 3.95%. Asia-Pacific markets were set to fall Thursday as investors awaited China’s one- and five-year loan prime rates.
The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China’s ‘luxury shaming,’ study finds
Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. “Luxury shaming” in China could be a factor.
