BEIJING (Reuters) – Former China Everbright Group Chairman Tang Shuangning has been charged with taking bribes and corruption, Chinese state media reported on Friday.
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China Market Probably Through Worst of Low Valuations: BNP Paribas
Prashant Bhayani, chief investment officer for Asia at BNP Paribas Wealth Management, says China’s financial markets are “probably through the worst” of low valuations as manufacturing, exports and …
Between the US and a hard place, Germany’s Scholz reheats China ties
Germany launched a strategy to “de-risk” from China, but on Saturday Chancellor Olaf Scholz starts a high-stakes visit there hoping to shore up ties at a delicate point with the U.S. and EU …
China’s Suzhou city plans supercharged cross-border e-commerce business after Shein and Temu success
The municipal government of the city in eastern Jiangsu province unveiled a three-year plan to attract cross-border e-commerce projects.
China GDP: what is needed to achieve the ‘very challenging’ 5% economic growth goal for 2024?
Beijing has defended its ambitious goal of growing the economy by ‘around 5 per cent’ this year, insisting it matches China’s potential for economic growth Analysts say China must roll out proactive …
Imports from China to the U.S. are rising at the fastest rate since last fall
The latest CPI inflation data showed a larger than expected rise led by services, but on the goods side of the economy, trade data is also showing a recent increase in U.S. imports from China.…
Hard times for China’s micro-industrialists
Then came China’s fertility crash. In 2023 the number of Chinese newborns hit a record low of just over 9m, after falling for seven years in a row. That compares with nearly 19m babies born…
Shanghai Aims to Spur Top Brands to Open First Asian Store in City
As part of the city’s push for “debut economy 2.0,” the First in Shanghai initiatives will award 1 million renminbi, or $137,875, to brands that pick Shanghai for their Asian retail debut.
China Exports Gasoline Using Blockchain In Unprecedented Move
China’s Sinochem Energy Technology Co has successfully completed the shipment of gasoline from China’s Quanzhou City to Singapore using blockchain technology …
China Imposes Sanctions on Two US Companies Over Taiwan Arms Sales
Beijing has slapped sanctions against two well-known US defence businesses, General Atomics Aeronautical Systems and General Dynamics Land Systems, in a move that highlights the growing tensions …
Volkswagen to invest €2.5 billion in China
Volkswagen will expand its production and research facilities in Anhui province as the German automaker looks to reclaim its title as China’s top-selling car brand.Volkswagn will invest E2.5 billion …
Ousted Tesla cofounder says a canceled $25,000 car could give China ‘a chance to really spread’
Tesla cofounder Martin Eberhard said a report that the electric-car maker has canceled a $25,000 EV could give China a boost. Eberhard said the decision would be a “shame,” during a speaking …
Lianjia, China’s largest real estate brokerage, opens Manner coffee shop in Shanghai outlet to brew up home transactions
Customers can ‘enjoy coffee and pursue dream homes at the same time’ at Zhongtan Road outlet, Lianjia says Firm has invited other consumer brands to form tie-ups as a way of expanding their customer …
