China’s trade volume expanded 6.1 percent year on year to about 2.97 trillion U.S. dollars in the January-June period, with exports rising 6.9 percent and imports climbing 5.2 percent, according to …
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Yellen Urges Emerging Markets to Address China’s Excess Industrial Capacity
U.S. Treasury Secretary Janet Yellen has called on emerging markets, including some G20 nations, to press China to amend its economic policies. Yellen highlighted concerns over China’s overinvestment …
Yellen Urges Push Against China’s Economic Model
U.S. Treasury Secretary Janet Yellen urged emerging markets and G20 countries to address China’s overinvestment in industrial capacity. She stated that China’s focus on manufacturing is problematic, …
China and Russia adopt digital payments for trade
China and Russia are ditching traditional banking for digital payments in their trade dealings. Sanctions on Russia have made banking a nightmare, with some …
WeRide Files for Biggest US IPO by Chinese Firm Since Didi
Driverless technology startup WeRide Inc. filed for what could be the biggest US initial public offering by a Chinese company since ride-share company Didi Global Inc.’s disastrous 2021 listing.
As Micron president visits China, chip maker stays silent in US-China balancing act
Sanjay Mehrotra was among a group of American executives visiting China this week, but the memory chip maker avoided bringing attention to it.
Casino Tycoon’s Son Builds His Own Fortune With E-Sports IPO
Mario Ho, the youngest son of the late Macau casino magnate Stanley Ho, has found his own fortune far from the gambling tables that helped make his family one of Asia’s richest.The 29-year-old started …
China reaches 3.92 million 5G base stations by end-June
G subscribers in China increased by 105 million from the end of 2024 to reach 927 million as of the end of June …
China Market Update: Consumption Support Finally Arrives As Large Item Subsidies Benefit JD.com, Week In Review
Asian equities ended a rough week largely higher, except for Taiwan, which reopened to a -3% drop after being closed for two days for Typhoon Gaemi.
China: Still the world’s biggest emitter, but also an emerging force in climate diplomacy
Seven years seems a lifetime in politics. In 2017, President Donald Trump announced the United States would withdraw from the Paris Agreement. It prompted Canada, China and the European Union to …
China’s made-in-Europe EVs pose new threat to region’s carmakers
Facing EU tariffs of up to 48%. China’s new generation of green carmakers is teaming up with local industry so their autos are considered homegrown.
China’s intl trade in goods, services up 2% in June
BEIJING — The value of China’s international trade in goods and services reached about 4 trillion yuan in June 2024, marking an increase of 2 percent year on year, official data showed on Friday.
China Electronics Supplier Ugreen’s IPO Mints New Billionaire
Friday’s listing at the Shenzhen Stock Exchange by China electronics supplier Ugreen Group Ltd. has minted the country’s latest billionaire.