Albemarle shares jumped Wednesday following reports that a large Chinese battery producer plans to scale back lithium production.
Tagged By finance
China is no longer the ‘undisputed leader’ in attracting foreign investment as European companies look elsewhere
China continues to be a huge market for many companies, but market access barriers, tepid domestic consumption, and a more politicized business environment mean companies are looking at “defensive” …
China is no longer the ‘undisputed leader’ in attracting foreign investment as European companies look elsewhere
China continues to be a huge market for many companies, but market access barriers, tepid domestic consumption, and a more politicized business environment mean companies are looking at “defensive” …
Fast-greying China reviews retirement age amid economic slowdown and mounting pension bills
China’s top legislative body is considering raising the retirement age, which is among the lowest globally, to address economic pressures from a shrinking workforce and pension deficits. The move has …
BMW Cuts Financial Targets on Recall Costs, Low China Demand
BMW lowered its sales and earnings targets, saying expensive measures to fix a braking-system problem and muted demand in the world’s largest car market would dilute its bottom line.
China Condemns US Over Bill That Could Shut Hong Kong Trade Offices
China criticized the US over a bill that could eventually lead to the closure of Hong Kong trade offices in America, escalating tensions over the financial hub’s status.
China’s role as “critical mineral monolith” supplying the tech industry
As a leading producer of graphite, lithium and refined copper, China has an increasingly dominant position in critical mineral supply chains. With the necessity for these minerals driven by advanced …
For China’s barbecue capital, reality bites as debt risk stokes fire of economic distress
Firing up the grills boosted Zibo’s national profile and lured millions, but it has done little to economically transform the heavily indebted city.
China’s August exports grow faster than expected as Beijing tries to rev up its stumbling economy
Exports grew by 8.7% to $308.65 billion compared to the same period last year, yet imports rose just 0.5% year-on-year.
European business confidence in China is at an all-time low, report says
China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country, a European business group said Wednesday. With …
China refuses to sign agreement to ban AI from controlling nuclear weapons
AI is already used for military reconnaissance and surveillance and in the future could be used to pick targets autonomously.
In-depth: China’s finance for African renewables rebounds after two-year lull
In the past, the bulk of Chinese financing had been driven by the backing of China’s two policy banks – the Export-Import Bank of China (EXIM) and the China Development Bank (CDB) – and directed…
BMW Cuts Financial Targets on Recall Costs, Muted Demand in China
BMW lowered its financial targets for the year, citing a recall and market headwinds, including muted demand in China.
