The total import and export of goods in east China’s Anhui Province grew 3.4 percent year on year to over 377.55 billion yuan (about 52.81 billion U.S. dollars) in the first half of 2023, local…
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US recovers share of China’s ag imports after trade war
There were fears that even though U.S. ag exports to China were rising after the countries agreed to a trade war détente during the Trump administration, the U.S. might never recover its pre-trade war …
As the world sizzles, China says it will deal with climate its own way
John Kerry is finishing a trip to Beijing, and the need for China and the United States to take concerted action on climate change has never been more evident.
China’s crypto crimes expose capital-control loopholes, as millions in virtual currency seized
Chinese economist calls for review of rigid crypto ban amid slow e-CNY adoption In a separate … The recent virtual currency cases, however, shed light on loopholes in China’s capital control system.
Shanghai to Boost Industrial Internet Sector Through IPOs, Other Means
Shanghai will speed up the development of the industrial internet sector, which is the linking of Big Data, analytical tools and wireless networks with factory equipment, by launching a series of …
China’s blanket radiation testing could spell trouble for Japanese seafood imports
The news comes ahead of Japan’s plan to begin releasing treated radioactive water from the crippled Fukushima No. 1 plant into the sea.
Chinese chip startup Biren plans Hong Kong IPO this year
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an IPO in Hong Kong this year, according to Bloomberg, citing people …
China says foreign trade faces ‘extremely severe’ situation, blames geopolitics for slump
China, meanwhile, is looking to retain and attract foreign investment. Apple’s Tim Cook, Tesla’s Elon Musk and many other business leaders have traveled to China since it relaxed its border restrictions this year. The Commerce…
Henry Kissinger is a trending topic right now in China because so many people are surprised he’s 100, alive, and going on business trips
“Kissinger is 100 years old but is still able to fly to Beijing for a work trip” became a hit trending topic on Weibo on Wednesday after Kissinger’s surprise visit to Beijing. The former US…
China’s bad first half gets investors hopeful and interested
China’s disappointing first half has the economy ripe for some help, and investors are preparing to ride an expected short-term wave of stimulus, even if structural problems look to hold back a sustainable rally.
They spent millions in China. Now these British and global firms are fleeing
In August 2020, the world’s largest asset-managing business garnered approval from the China Securities Regulatory Commission to launch a wholly-owned mutual fund arm in Shanghai. In May 2021, the bank also received a licence for…
Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit
ASML said second-quarter net profit totaled 1.9 billion euros ($2.1 billion), marking a 37.6% year-on-year rise.
Despite the numbers, India’s imports from China may have increased in 2023
In dollar terms, imports from China fell marginally in the first half of 2023 from the same period last year. But a closer examination of the data suggests the actual volume of imports may have…
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