Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a plunge in net income amid a persistent slump in the key Chinese market.
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Trade, Taiwan and now Trump: China braces for a volatile new era in U.S. ties
One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there. “The Chinese are hoping that he will…
China advances in developing “Death Star”-like microwave weapon able to destroy satellites
Chinese scientists have advanced in developing a high-power microwave weapon system that uses multiple transmitting vehicles to synchronize electromagnetic waves into a single, focused beam.
Volkswagen vs. China’s state-backed EVs: A battle for survival in the world’s largest market
From price wars to political hurdles, Volkswagen faces a myriad of challenges in China’s rapidly evolving EV market.
Threat for India as China gets ready to launch HQ-19 missile defence system, is it better than THAAD of US, Russian’s S-400? It can….
The HQ-19 anti-ballistic missile defense system is expected to offer China a robust shield against ballistic missile threats. According to U.S. Department of Defense assessments, China has been …
China’s trade data for October shows a jump in exports
China’s trade surplus jumped to $95.27B in October 2024 from $56.13B in the same period a year earlier, surpassing expectations of $75.1B. It was the largest trade surplus since June, mainly due to a jump…
China’s Commodities Imports Resilient as Markets Eye Stimulus
Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy.
Trump win casts fresh doubts over Wall Street’s China strategy
As a result of Trump’s return to the White House, the firm now focuses on making its China business a “self-sustained” independent operating unit, said the executive, declining to be named due to the …
OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements
OCBC and Ant partnered to streamline cross-border fund settlements using tokenised deposits and leverage advanced encryption and AI.
China Export Growth Jumps to 27-Month High as Tariff Risks Loom
China’s export growth surged in October to the fastest since July 2022, extending a months-long boost to the economy that may be jeopardized by Donald Trump’s election and his tariff threats.Most Read …
China’s October iron ore imports stay elevated on improved steel margins
BEIJING (Reuters) -China’s iron ore imports in October climbed by 4.48% from the prior year, official data showed on Thursday, as steelmakers’ margins improved thanks to Beijing’s massive economic …
China’s Oct exports soar past forecast as trade war with West looms
BEIJING (Reuters) – China’s outbound shipments grew at the fastest pace in over two years in October as manufacturers rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the…
China’s Oct exports soar past forecast as trade war with West looms
BEIJING (Reuters) – China’s outbound shipments grew at the fastest pace in over two years in October as manufacturers rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the…