Morgan Stanley has laid off about 9% of its staff at its asset management business unit in China, two people with direct knowledge of the matter said, as the country’s spiralling stock market dampens …
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Can China maintain growth and ‘transform’ its economy at the same time?
Chinese Premier Li Qiang’s vision for the country contains an inherent contradiction: his aim to “transform” the economic model may be incompatible with keeping growth rates steady at around 5%.
China Doubles Down on Emerging Tech in Push for Self-Sufficiency
Report stated that China plans to “launch major science and technology programs” to meet key strategic goals and bolster development.
China’s Richest Person Faces Boycott Threat Amid Allegations He Betrayed His Fellow Beverage Billionaire
Nongfu Spring’s founder Zhong Shanshan has refuted accusations that his success was achieved by undermining his former partner Zong Qinghou.
China’s BYD lowers starting price of its lowest-priced EV model Seagull by 5.4%
Chinese electric vehicle (EV) giant BYD on Wednesday lowered the starting price on a new version of its lowest-priced EV model Seagull by 5.4% from the model it replaced, adding fuel to a raging price…
China and Russia are outpacing the US and its allies in military technology development, Australian defense official warns
Tensions in the Indo-Pacific region have been rising for years as the US works to bolster its presence throughout Asia ahead of possible conflict.
China’s exports likely slowed in Jan-Feb as factories struggle: Reuters poll
BEIJING (Reuters) – China’s exports growth likely slowed in the January-February period, a Reuters poll showed on Wednesday, suggesting manufacturers are still struggling for overseas buyers and in …
China bans imports of sheep, goats from Georgia after virus outbreak
China has blocked imports of sheep, goats and their related products from Georgia due to an outbreak of sheep and goat pox, according to a notice by the General Administration of Customs dated on …
Why China’s Strong Commodity Imports Defy Weak Economic Data
Despite continued weak economic performance, China’s imports of major commodities in the first two months of 2024 held strong and exceeded last year’s levels. Imports of crude oil, LNG, coal, and iron …
Goose intestines hidden under rattlesnakes & duck blood illegally imported from China, federal authorities say
NEW YORK: Six people were arrested in New York on Tuesday on charges of illegally importing goose and duck intestines from China, in some cases by hiding them under packaged rattlesnakes or …
6 Charged With Smuggling Goose and Duck Intestines From China
The only such imports allowed from China are catfish and “heat-treated/cooked” poultry products, according to the complaint. But goods seized during the investigation included goose and duck …
Senator Rubio seeks stiffer tariff to stop China ‘flooding US auto markets’
Republican U.S. Senator Marco Rubio on Tuesday proposed sharply boosting tariffs on Chinese vehicle imports by $20,000 to stop the country “from flooding U.S. auto markets,” Washington’s latest effort …
6 arrested in illegal goose intestine import scheme
Six people were arrested Tuesday, charged with illegally importing duck and goose intestines from China, which, in some cases, were hidden under packaged rattlesnake meat.