The chairman and vice chairman of a China-based manufacturer planning to invest $916 million in Ohio are under police surveillance at home, the company said in a stock filing in China on Monday. The …
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Multinational firms are finding it hard to let go of China
F ew jobs are guaranteed to turn hair grey faster than running operations for a multinational business in China. Diplomatic spats and consumer boycotts are hazards of the job. A zero-covid policy that …
China’s slowdown is hurting the young
CHINA’s economy is in grim shape. Much of the pain is being felt by the young. Unemployment among Chinese aged 16-24 is running at 18%. That number is an undercount: it misses rural youngsters and…
Former Bengal minister criticise Centre for rising exports from China
In the backdrop of China’s rising exports to India, former West Bengal took a dig at the Centre’s dependence on trade …
China and India easing away from Russian crude oil may be temporary: Russell
There are signs that China and India are pulling back from buying Russian crude oil ahead of the Group of Seven nations’ proposed price cap and a European Union ban on imports. However, the more…
China’s Economic Roundup: October 2022
China’s economic indicators for October reveal an overall slowdown, while sectors like high-tech and green energy performed strongly.
Remy Cointreau cautiously optimistic on China amid lockdowns
By Dominique Vidalon PARIS (Reuters) -Shares in Remy Cointreau fell as much as 4% on Thursday after the French spirits maker said it was “cautiously optimistic” about the Chinese market where COVID-19 …
EVs will account for 35 per cent of car sales in China next year as growing range of electric models lures motorists, says Fitch Ratings
New-energy vehicle sales will see strong growth as more motorists ditch their petrol cars, says the credit rating agency ‘With the entry of more new brands, next year will be a year of fierce …
China’s Lygend Raises $470 Million in Hong Kong IPO, Sources Say
Lygend Resources & Technology Co., a Chinese nickel producer and trader, raised about HK$3.67 billion ($470 million) in its Hong Kong initial public offering, according to people familiar with the …
Chinese battery makers rush to IPOs as lithium price more than doubled
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Chinese battery makers Svolt, Sunwoda, and Ganfeng are …
‘Honor Magic Vs’ foldable phone launches in China
The Honor Magic Vs device weighs 261g and is said to be the industry’s lightest foldable smartphone currently.
China locks down major iPhone making city as Covid cases jump to a record high, sparking concerns that lockdowns could stretch beyond 2023
Zhengzhou — home to the world’s largest Apple iPhone factory — will be largely locked down from Friday until next Tuesday.
China’s committed opening-up and prospect for BRI countries
Scheduled against the backdrop of COVID-19, the CIIE showcases China’s confidence and its bright economic prospects. No other event in the world provides a better stage with such scale and influence …
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