[ET Net News Agency, 13 August 2024] CHINA UNICOM (00762) rose 2.7% to HK$6.13. It hits an intra-day high of HK$6.15, and an intra-day low of HK$5.96. The total shares traded was 32.87 million, with…
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China files EU tariffs complaint with WTO
The Chinese government has filed a complaint with the World Trade Organisation (WTO) over the European Union’s (EU) imposition last month of additional import tariffs on battery electric vehicles …
China is on track to overtake France and the United States as the world’s leading source of atomic power
China is on track to overtake France and the United States as the world’s leading source of atomic power, a significant milestone in the global energy landscape, Bloomberg reports. The country’s rapid …
General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market
The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.
Luxury Looks Like a China Carry Trade Set to Unwind
Chanel and Hermes can still dictate prices to consumers betting on a profitable second-hand resale. For some other global brands, the music has already stopped.
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It’s worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments for trade with Russia.
Exports Drive China Cargo Throughput Growth amid Weak Domestic Demand
Growth in China’s total cargo throughput continued but decelerated in 2Q24 to 3% yoy, from 6% in 1Q24, says Fitch Ratings. Total container throughput grew by 7% yoy, boosted by strong demand from ASEAN although…
Fintech Investments in China Have Made Modest Recovery – Report
Fintech investments in China made a modest recovery towards the end of 2023 and trickled over into 2024, according to an update from KPMG.
China’s data industry on fast track to digital future
according to a report by the China Academy of Information and Communications Technology. Essential to these achievements is China’s expansive digital infrastructure. The number of 5G base stations in …
Saudi crude exports to China to slip in Sept, sources say
Saudi crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources said on Monday, citing monthly allocations for term buyers.
Smart Teases X3-Sized #5, But China Has Already Removed The Disguise
Smart is building anticipation for the #5’s launch on August 28 by releasing teaser sketches of the compact SUV. But pictures of Smart’s biggest ever SUV completely undisguised have already been …
Smart Teases X3-Sized #5, But China Has Already Removed The Disguise
Smart is building anticipation for the #5’s launch on August 28 by releasing teaser sketches of the compact SUV. But pictures of Smart’s biggest ever SUV completely undisguised have already been …
China’s 2025 Tayron L hits the web, foreshadowing our 2025 Tiguan
A Chinese ministry published specs on the China-market Volkswagen Tayron L, a crossover expected here as the third-generation Tiguan in 2025.
