The reprimand for Zeng and CATL was the latest example of the years-long reassertion of CCP control over China’s business elite under Xi. “Is the company too big for its own good in the eyes…
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ADB forecasts China, India to power strong growth in ’23
The Asian Development Bank says China’s recovery from the pandemic and strong demand in India will drive strong economic growth in Asia this year.
NIO says Tesla can’t dictate EV prices in China, and it won’t partake in the price war
Tesla has little influence over EV prices in China, unlike in the US, where it dominates the market. NIO CEO says Tesla can’t infl …
China’s GoodFaith Technology files for $15M US IPO
GoodFaith Technology (GFCX), a provider of risk management and debt collection solutions in China, has filed to raise $15M through a US initial public offering. GoodFaith said in a filing that it was …
China Import Duties Here to Stay? CIT Upholds Section 301 Tariffs
The additional Section 301 tariffs on imports from China began in 2018, when the USTR imposed duties on specified Chinese imports under Section 301 of the Tarde Act of 1972 (19 U.S.C. § 2411) …
It’s the Economy (and More): Why Macron and von der Leyen are in China – Expert Quick Takes
French President Macron and European Commission President Ursula von der Leyen are scheduled to visit President Xi in China. In the following compilation of expert quick take s, a diverse group of …
China’s consumption, imports on the rise
[Photo/CHINA DAILY] China imported consumer goods worth 1.93 trillion yuan ($280 billion) in 2022, accounting for 11 percent of total importing value and more than double the level seen in 2012, the …
Not Everyone, But Many Firms Are Preparing To Leave China
Recent surveys and western business commentary testify to changing attitudes. A poll taken last June by the European Chamber of Commerce in China noted that one-quarter of its members currently …
China expert predicts where US will ‘see the next war start’
“These people are mostly educated, young adults that China is sending here to eventually go to our colleges, work in our business, steal secrets [and] send them back to China,” Patrick said. Fox News …
Revealed: These Iconic American And Western Brands Now Belong to China
China accounted for 25% of Volvo’s total car sales in 2020 … but no IPO has happened yet. The business was estimated to be worth $5 billion at the time. Mark Mainz/Staff/Getty Images Gieves &…
China’s imports of Australian coal unlikely to rebound amid high prices, security risks: analysts
China has ramped up domestic production since the 2020 ban, with high import prices and geopolitical risks also deterring traders from making long-term deals Optimism about a big return in Australian …
China urges Japan not to back U.S. chip export restrictions as Washington tries to rally allies
Chinese Foreign Minister Qin Gang urged Japan not to support U.S. curbs on China’s semiconductor industry. Semiconductors — critical components in everything from home appliances to military equipment …
New business, old risks for China’s struggling tutoring industry
China’s after-school education industry was caught flat-footed after Beijing rolled out a policy in mid-2021 that outlawed most after-school classes for K-12 students in an effort to reduce inequality …
