Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union’s anti-subsidy probe into Chinese electric vehicles.
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As tensions slow China’s trade with the US, Chinese firms are finding eager buyers elsewhere
Trade data shows that the U.S. and Chinese economies are decoupling from each other, if slowly. However, China’s economic strategy is changing overall. This is having an impact across the global …
China Slams US And Other G7 Countries For Hyping Up Trade Overcapacity: ‘Attempts To Set Obstacles And Limitations’
During a regular press briefing in Beijing on Monday, Chinese Foreign Ministry spokeswoman Mao Ning dismissed these allegations.
China is pumping another $47.5 billion into its chip industry
These scandals aren’t the only roadblocks that could severely undermined Xi’s ambitions to get China to achieve tech self-reliance. In October 2022, the US unveiled a sweeping set of export controls that ban Chinese companies…
Firms strive to boost the export of agricultural products to China by rail
Many exporters are boosting farm exports to China by rail, thanks to it being quick, cheaper and a more reliable form of transport.
China’s industrial profits swing back to growth in April
BEIJING: China’s industrial profits swung back into positive territory in April while gains over the first four months period held steady at first-quarter levels, official data showed on Monday, …
Top events of the day: Dividends announcement, 10th results, Awfis IPO, Go First resumptions and more
Today, May 27, 2024, promises to be eventful with several significant happenings. Shares of Stovec Industries will trade ex-dividend; the Rajasthan and Maharashtra Boards are expected to announce …
China Industrial Profits Rise as Overseas Demand Improves
Profits at China’s industrial companies rose in April as exports returned to growth in the same month, giving a boost to the economy.
China’s gold rush shows the Chinese still have money to spend — they’re just not into Starbucks or Gucci
Chinese consumer are holding back on discretionary purchase as its economy faces multiple headwinds.
The Limits Of Cashless Payments In China
Beijing has sought to develop a strong digital financial services industry undergirded by domestic tech and banking giants.
The claim of China’s ‘overcapacity’ is a fallacy
Recently, the United States and other Western countries have been incessantly hyping the so-called “overcapacity leading to unfair competition” in China’s new energy sector. They malign the export of …
NYC flooded with illegal flavored vapes from China despite ban to protect kids: study
The Big Apple is being flooded with illegal flavored e-vapes made in China after banning the smokes’ sale in 2020 to prevent youths from getting hooked on their addictive nicotine, a new study …
Resources to be ramped up to build ‘Digital China’
SHANGHAI: China will ratchet up resources to speed up the construction of digital infrastructure, bolster the digital transformation of the economy and society, and deepen reforms related to the …