China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the nation’s second biggest source of power.
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Tencent-Backed Startup Seeks Pre-IPO Funds at $1.5 Billion Value
Yonghui Fresh Food, the fast-growing grocery supply affiliate of one of China’s biggest retail conglomerates, is seeking to raise about $200 million ahead of a Hong Kong initial public offering next …
Founder of China’s Huawei urges focus on cash flow, survival in downturn
The founder of China’s Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy enters a long period of …
COLUMN-China’s weak crude imports and pariah purchases ease global market: Russell
China is inadvertently helping ease tightness in the crude oil market through declining imports, and by favouring cargoes from exporters being shunned by much of the rest of the world. LAUNCESTON, …
China shadow bankers pray to be systemically risky
China’s falling property sales are subjecting shadow bankers to an unprecedented stress test. China’s $3 trillion trust industry, which caters to wealthier clients looking for relatively high returns, …
China shadow bankers pray to be systemically risky
China’s falling property sales are subjecting shadow bankers to an unprecedented stress test. China’s $3 trillion trust industry, which caters to wealthier clients looking for relatively high returns, …
Founder of China’s Huawei urges focus on cash flow, survival in downturn – media
The founder of China’s Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy enters a long period of …
Apple plans to make iPhone 14 in India amid China woes – Bloomberg
Apple plans to start manufacturing iPhone 14 in India as the US tech giant seeks alternatives to China after Xi administration’s clashes with Washington and lockdowns across the country disrupted …
China Nickel Ore Imports Rise Fractionally MoM in Jul, the Lowest in Five Years
According to the online platform of China nickel ore imports stood at 4.37 million mt in July, rising MoM for two months in a …
China’s weak crude imports and pariah purchases ease global market: Russell
For the first seven months of 2022, China’s crude oil imports were 9.98 million bpd, down 4% from the same period last year. Looking at the monthly data and its …
China Says International Services Trade Faces Challenges
“Some services trade enterprises are facing challenges such as insufficient orders and rising costs, and their business expectations are unstable,” Sheng said ahead of the upcoming China International …
U.S. companies in Taiwan haven’t seen ‘appreciable’ disruptions over China tensions, says AmCham survey
Most member companies of the American Chambers of Commerce in Taiwan said there has been no significant disruption to business despite escalating tensions.
Innovation pays off for old, honored brands
A cake set is displayed as part of efforts to revitalize time-honored brands.[Photo provided to China Daily] Food lovers, including gourmets with the most discerning taste, love to accompany Peking …
