China’s export growth weakened in September as global consumer demand cooled while imports rebounded from a contraction after Chinese economic growth improved. Exports rose 5.7% …
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Business Highlights: China’s growth, Credit Suisse fined
China’s exports weaken in September, imports up 0.3% BEIJING (AP) — China’s export growth weakened in September while imports rebounded from a contraction as economic growth improved. Official data …
Why Travel Stocks Doing Business in China Plunged on Monday Morning
What happened Shares of Chinese companies took a beating today as political and economic changes in the country came into focus for investors. For gambling and travel companies operating in Macao, a …
Clampdown on chip exports is the most consequential US move against China yet
Historians will pinpoint Biden’s decision on 7 October 2022 as the moment at which US and Chinese technology decoupling became inevitable.
Russia Ramps Up Oil Exports To Turkey, India, And China Ahead Of EU Ban
Moscow is ramping up oil exports to Turkey, India and China before the EU’s December 5 sanctions go into place …
Alibaba: six Chinese customer segments western brands need to know
In November 2020, global consultancy firm Bain predicted that China would surpass the US to become the world’s biggest luxury market by 2025. Today, these estimates are plagued by economic uncertainty …
Is China Losing Its Export Prowess?
China’s status as the “world’s factory” is not as irrefutable as it once was, data by logistics research company MDS Transmodal published by CNBC shows. According to the figures, China’s share in …
Chinese towns underpin the made-in-China brand for global musical instruments
The booming musical instrument industry represents an epitome of China’s musical instrument business across China’s villages and townships. From Pianos, violins, guitars, electroacoustic instruments, …
China’s e-commerce giants fight for consumer eyeballs in world’s biggest shopping festival amid economic headwinds and fierce competition
Singles’ Day is traditionally a time when Chinese consumers splurge on everything from smartphones to frying pans Analysts expect cutthroat price wars this year as competing platforms fight for …
Elon Musk is slashing Tesla prices to whip up his sluggish sales in China’s key EV market
Suffering from sluggish demand in the competitive Chinese market, Tesla dropped the price for its entry rear-wheel-drive Model Y below a key threshold to qualify for a subsidy before incentives expire …
China Releases Third Quarter GDP Results After President Xi Jinping Secured Third Term In Power
The world’s second-largest economy grew 3.9 percent in the third quarter compared with the same time last year, a quickening from the 3.5 percent in the previous quarter.
Alibaba Stock Plummets Below IPO Price on China Politburo Rejig
Alibaba (NYSE: BABA) stock is trading sharply lower in US premarket price action today and looks set to fall below its IPO price. Other Chinese stocks are …
China’s diesel fuel exports more than doubled in September
China’s diesel exports in September surged to their highest in more than a year while aviation fuel shipments were the most in 29 months as refiners rushed to cash in on robust export margins, data…