BEIJING – China’s auto parts import value fell 12.4 percent year-on-year to $29.84 billion in 2023, data from the General Administration of Customs showed. However, auto parts import value increased …
Tagged By import
Rep. Young Kim: America is failing to control exports of sensitive technologies to China
Calif., reacts to a new report that says U.S. investment firms are supporting China’s military, enabling human rights abuses on ‘The Bottom Line.’ …
China’s gallium export volume for December hit highest level since July, customs data shows
Beijing’s decision to resume global shipments after months-long halt led to a leap in sales of the mineral key to manufacturing semiconductors.
EU’s plans for tougher China stance risk coming off the rails as splits emerge on multiple issues
Commission President Ursula von der Leyen unveiled a de-risking strategy last year, but opposition from member states threatens to scupper some key measures.
Ex-Carmel Mayor Brainard accuses Rep. Jim Banks of ‘lying’ about China relations group
Carmel will drop its membership with a China cultural and business exchange organization but keep its sister city arrangement with Xiangyang, Hubei. Mayor Sue Finkam informed the U.S. Heartland China …
China’s market crash could be the last straw for many foreign investors who leave permanently, think tank says
“The fund managers who remain could end up contributing to the volatile swings in fortune,” the Atlantic Council wrote.
L’Oréal Invests in Chinese Fragrance Brand To Summer
The deal comes in the year that marks the 60th anniversary of the establishment of diplomatic relations between China and France.
BASF sells stakes in two China ventures after reports of human rights abuses
German chemical company BASF says it’s speeding up the sale of stakes in two joint ventures in China after its local partner was accused in media reports of human rights abuses …
The Cold With China Over AI Dominance Is Already Here | Opinion
At the moment, U.S. companies have, with $3 billion, powered China’s advances in both semiconductors and artificial intelligence.
China’s tepid rebound has left luxury shops relying on U.S. demand
Just over a year after China ended its COVID-Zero policy, the expected bounceback in spending on high-end consumer goods has failed to live up to expectations. L’Oreal shares tumbled as much as 7.7% …
China South City flags potential default on Oct 2024 notes payment
Property developer China South City Holdings said on Friday it is likely to default on the mandatory redemption payment due on Feb. 9 for its 9% Senior Notes due October 2024, citing depressed sales …
Nissan erases almost $2 billion in market value as China worries deepen
Shares in Nissan Motor tumbled 12% after quarterly earnings undershot expectations and it cut estimates for car sales due to stiff competition in China.
Ex-TikTok exec says China-based boss fired her because ‘he believed women should be quiet’: lawsuit
“At every step, Ms. Puris reported the discriminatory treatment and sexual harassment she faced — to her managers, Human Resources and Employee Relations — and the Company, taking its directives from …