After-sales services cost money and some countries worry about the quality of goods as well as the political dimension of letting Chinese crews service equipment, experts say …
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Chinese soda ash fob export prices jump on reduced exports; cif Asia prices follow
Asian soda ash prices increased in Fastmarkets’ monthly price assessment due to falling Chinese exports. Demand was seen rising for Southeast Asia. China’s pivot from an exporter of soda ash to a net …
U.S. suspends authority to ship nuclear materials to China’s CGN
The U.S. nuclear power regulator last month suspended the shipment of radioactive materials and a hydrogen isotope used in reactors to China’s largest state-owned nuclear company, CGN, reflecting …
US Trade Deficit Hits Record High as Consumer Goods Imports See Sharp Rise
The Commerce Department said in an Oct. 5 statement that the trade deficit rose by 4.2 percent in August, hitting an all-time high of $73.3 billion.
Elliott’s Co-CEO Talks Markets, Crypto and Investing in China
Welcome to the Bloomberg Deals newsletter. Today, we’re talking to Elliott’s co-CEO about the state of the markets, revealing the bidders for Saudi Aramco’s natural gas pipeline network and digging …
Policy snub for e-cycles risks export loss of Rs 10K cr by 2026: Munjal
The electric bicycle business in the country, which was poised to displace China as the world leader in e-bicycles manufacturing, seems to be at risk in its infancy following a policy snub with …
China’s buying — and U.S. farms cashing in
In the last nine months, the United States set a record for U.S. agricultural exports to China. The two-year Phase 1 trade deal negotiated under the Trump administration will expire by year-end. It …
China Energy Crunch Forces Beijing To Buy Australian Coal
In the latest example that when blackouts are on the cards all bets are off, China has started importing Australian coal again …
Geely gears for $25-billion IPO
BEIJING: Volvo Cars, the Swedish automaker, which is owned by China’s Zhejiang Geely Holding Group Co., is reportedly finishing plans for an initial public offering (IPO) that could value the carmaker …
China Mobile snubs Ericsson, Nokia on 5G core
China Mobile has chosen Huawei and ZTE for its 5G core network, snubbing the Nordic telcos Ericsson and Nokia, according to the South China Morning Post. Huawei and ZTE were each awarded about 50% of…
China Mobile snubs Ericsson and Nokia for $1 billion 4G/5G contract
The contract instead went to China’s domestic vendors, Huawei and ZTE, perhaps suggesting retaliation for Western sanctions on Chinese firms …
China Mobile didn’t even invite Ericsson and Nokia to its latest 5G tender
China seems to have decided not to even bother inviting foreign companies to bid on telecoms work anymore. It’s hard to draw any other conclusion from the news that China Mobile only invited Huawei …
Daybreak Oct. 5: USTR vows to engage with China, but not ready to negotiate
U.S. Trade Representative Katherine Tai signaled Monday that the Biden administration is ready to begin pressing Beijing to fulfill its promises under the Phrase One agreement, but she didn’t commit …
