Bolivia is the latest country in South America to regularly use the Chinese currency in a growing challenge to the hegemony of the U.S. dollar for international financial transactions.
Tagged By import
China’s first durian sales just days away after month-long delay due to weather
Tropical Hainan province’s first major durian harvest reflects challenges facing Chinese growers as they rush to cash in on surging domestic demand, and large-scale cultivation is still years away.
Typhoon Doksuri destroys power lines, closes factories as it rips into China
By Bernard Orr and Yimou Lee BEIJING/TAIPEI (Reuters) -Typhoon Doksuri swept into China’s southeastern Fujian province on Friday unleashing heavy rain and
China Evergrande’s EV unit shares plunge 69% after 16-month halt
Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading resumed nearly 16 months after
Meat Consumption – China remains the world’s largest meat importer despite recent declines
China remains the world’s largest meat importer despite recent declines China has been the world’s largest meat importer since 2019. Despite recent reductions in imported meat volumes, the country …
U.S. intelligence agencies say China helping Russia evade sanctions, export controls
China has become a major economic supporter of Russia since the invasion of Ukraine and is assisting Moscow in evading economic sanctions and export controls on technology, according to a U.S.
China provides warfare parts, helps Russia evade sanctions, U.S. intelligence says
China has become an “even more critical” economic partner for Russia and helped the country evade sanctions tied to the invasion of Ukraine, U.S. intelligence officials said in a report published …
Foreign automakers drive China’s vehicle exports
China is well on track in 2023 to overtake Japan and become the world’s largest light-vehicle exporter, with global automakers emerging as a fresh force behind the country’s export boom.
Fundraising by crypto-focused VCs plunged in Q2 and it’s not going to get better soon
The second quarter of 2023 also saw a slew of Greater China-based fund managers raising or launching their Web3 funds — including BAI Capital, Token Bay Capital, ProDigital Future Fund, CPIC …
BRICS has a China problem, and it is a bit concerning
A keen observer of global diplomacy might have noticed an unusual absence at an upcoming international summit. This is not the first time that the BRICS assembly has seen such a situation, with Russia …
L’Oréal Upbeat On China Despite Market’s Softer Rebound
Second-quarter sales at L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States.
Indonesian President Widodo arrives in China and plans talks with Chinese leader Xi
BEIJING (AP) — Indonesian President Joko Widodo arrived Thursday in China and planned to meet with Chinese leader Xi Jinping. The two will discuss investments and “various strategic projects for …
Volkswagen Seeks to Regain Edge in China as It Cuts Delivery Forecast
The German automaker lowered its outlook for deliveries and announced changes to its China strategy as it struggles to regain ground lost to other automakers.
