The country lost momentum due to fewer exports and declining housing prices, but fast fashion retailers are booming.
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Industrial profits in China continue falling, report shows 18.8% drop
Amid softening demand, annual profits at China’s industrial firms recorded a double-digit decline in the first five months of 2023
China and Africa sign 26.2 billion yuan agreements
Government and business representatives from China and Africa signed agreements worth 26.2 billion yuan ($3.61 billion) for in-depth cooperative pilot zone projects on Friday in Changsha, the capital of Central China’s province,
China expresses unrest with Dutch inclusion of semiconductors on export control list
In response to a media query, the ministry’s spokesperson highlighted that China and the Netherlands have been engaged in extensive and frequent communications and consultations at multiple levels …
Xi Jinping’s China To Overcome US Curbs With Chinese Chipmakers Heading For $8B IPO: Nikkei Asia
The company plans to build a $6.7 billion factory in Wuxi, with the state-owned China Integrated Circuit Industry Investment Fund investing in the project, according to Nikkei Asia. Massive returns …
China in your hands? These are the upcoming brands that car dealers need to be aware of
Mighty oaks from little acorns grow – and if you want proof of that, you need look no further than the Japanese and South Korean car industries. Both of …
China’s revised anti-espionage law takes effect amid business worries
China’s revised counterespionage law took effect Saturday, broadening the scope of what constitutes spying activities to safeguard
China approves sweeping expansion of anti-espionage law
A revised law dramatically expanding China’s definition of espionage came into force on Saturday, giving Beijing more power than ever to punish what it deems threats to national security. The United States government,
China’s software industry expands in first 5 months
China’s software and information technology service industry reported double-digit growth in revenue and profits in the first five months of the year, data from the Ministry of Industry and Information Technology showed.
China moves to align with CPTPP rules through FTZ reforms
BEIJING, July 1 (Xinhua) — China’s lastest reform measures in some free trade areas are a preliminary attempt to actively align with the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) rules, a commerce ministry official said…
China’s new anti-espionage law comes into effect amid business worries
China this year has also cracked down on U.S. consultancy and due diligence firms, move business lobbies have said unnerved foreign investors in the world’s second-largest economy. The U.S. National Counterintelligence and Security Center (NCSC…
China’s New Anti-Espionage Law Comes Into Effect, US Warns Companies, People Of Risk
The changes “have raised legitimate concerns about conducting certain routine business activities, which now risk being considered espionage”, Craig Allen, President of the US-China Business Council, wrote in a recent blog, as reported by AFP.…
Exclusive: China’s Shein files for U.S. IPO, sources say
Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public …
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