As the EV industry in growing very rapidly, Chinese EV automakers are interested in establishing their business in Pakistan.
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China steps up oversight of commercial banks
China’s banking and insurance regulator on Friday released measures to step up oversight of commercial bank business that is not included on balance sheets.Commercial banks shall not carry out …
Rongsheng Petrochemical’s recycled PET receives U.S FDA’s approval, becoming China’s market leader in food packaging
In recent years, food-grade recycled polyethylene terephthalate, commonly known as rPET has been widely accepted in the U.S., Europe, and Japan. In Asia, besides Japan, South Korea, Thailand and India …
China’s cities are running out of cash to pay huge Covid lockdown bills
Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the country signals it may loosen pandemic controls, it faces another challenge: Local …
German strategy paper targets China trade dependence
Germany’s economy ministry recommends excluding using components from providers from authoritarian states in critical infrastructure and imposing stricter requirements for firms doing business with …
Analysts upgrade China’s 2023 earnings projections on reopening hopes
Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations that its economy will benefit from stimulus measures and the easing of COVID-19 restrictions. Analysts raised …
For China, No Easy Way Out of ‘Zero-COVID’ Policy
Shanghai, China’s most populous city and financial hub, experienced two months of strict lockdowns this spring, bringing business to a halt and severing key links in already disrupted regional and …
Behind Chinese covid protests, economic worries simmer among youth
China’s weekend protests, while mainly about Covid controls, also reflected young people’s anxiety over job prospects, raising stakes for Beijing to reignite growth …
Oil prices edge higher on easing China curbs, firm dollar limits gains
China is set to announce an easing of its COVID-19 quarantine … (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is…
Apple CEO ignores questions on protests in China
Apple CEO Tim Cook has ignored questions on violent protests in China which have hampered iPhone production at its key suppliers’ factories in the country.
China leaders may signal policy shift to economy from Covid zero
China’s top leaders will likely signal a more pragmatic approach toward Covid controls at a key upcoming meeting while putting more focus on boosting economic growth, economists say. The 24-member …
How UK retailers can learn from China
Chinese shopping and media consumption habits are very different to the rest of the world, says BAV Group’s David Roth, and UK retailers can learn plenty from the innovative ways in which businesses p …
IMF chief flags inflation, China slowdown as risks to Asia
TOKYO: International Monetary Fund managing director Kristalina Georgieva flagged rising inflationary pressures and China’s economic slowdown as risks to Asia’s economic outlook, calling on …