Aberdeen-headquartered contractor Wood has sold 20% of its China outfit Wood China to local Chinese contractor and automation system specialist Zhejiang Supcon Technology. The farm-out is based on the …
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China’s smartphone shipments slumped 23% in Jan-Aug
Smartphone shipment is often seen as the bellwether of China’s consumer spending, and right now, the picture isn’t very rosy. The world’s largest market for smartphones shipped 175.1 million handsets …
‘Consumption Downgrade’: Buffets in China Enjoy a Revival
China’s pandemic control protocols, which often lead to lockdowns and business closures, have assaulted almost every sector, with indoor dining one of the most affected. And now buffet restaurants are …
China smartphone shipments slid 11% in Q3, research firm says
SHANGHAI (Reuters) -Smartphone shipments in China fell 11% year-on-year in the third quarter as the country’s slowing economy took a toll on consumer demand, research firm Canalys reported on Thursday …
China’s steadfast economic growth in past decade boon to world
Meanwhile, China has taken a host of concrete steps to improve its business environment and level the playing field for domestic and foreign firms, like rolling out the Foreign Investment Law and …
New Hongqi H6 Might Be The Chinese Luxury Brand’s Best-Looking Model Yet
Those familiar with other Hongqi models will immediately recognize the familiar front fascia of the H6, thanks to the angled headlights which connect seamlessly to the large rectangular grille. Other …
As Europe’s energy crisis bites, is there potential for deepening collaboration with China?
Some analysts say Europe’s energy crisis and a grimmer economic outlook may leave it with no choice but to increase reliance on China, a leader in renewable energy and the world’s top manufacturing …
Europe, China Drive Moncler Sales in Q3, Revenues in Nine Months Surpass 1.55 Billion Euros
The two regions contributed to a 32 percent gain in revenues in the first nine months of the year at the Moncler Group.
Chinese automaker Geely’s new energy brand Farizon raises over $300 million
The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. REUTERS/Aly Song …
China’s Old Economic Model Has Run Out of Road. Wall Street Is Just Catching Up.
It’s time to recognize the obvious, Shehzad H. Qazi writes in a commentary essay. The Chinese economy no longer operates under the same principles Wall Street has grown accustomed to.
Elizabeth Warren, AOC Warn of Revolving Door as Government Officials Flock to Crypto Industry
Prominent liberal lawmakers are concerned that the crypto industry will become so stocked with powerful former officials that it will be able to avoid regulations that might be needed to protect …
Republicans question FBI over Hunter Biden partner’s China ties, ability to ‘infiltrate’ family business
House Republicans are alarmed that U.S. national security may be jeopardized due to President Biden’s son Hunter’s ties to businesses linked to China.
China paid double agent in Bitcoin for secret files, US government claims
The US Department of Justice alleges that Chinese intelligence officers paid bribes in Bitcoin to a US government double agent.
