China has been the ‘factory of the world’ for decades, but Covid and gains made in recent years by nations including Vietnam in manufacturing are taking a toll.
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Saudi Aramco to push ahead with IPO of oil-trading unit – Bloomberg News
Saudi Aramco is pushing ahead with plans for an initial public offering of its energy-trading business and is targeting a listing in Riyadh for the end of the year or early 2023, Bloomberg News …
US think tank brands military ‘weak’ in face of ‘aggressive’ China
The right-wing Heritage Foundation says Beijing is expanding its strength ‘with the cunning of serpents’ and compares the Taiwan situation with Ukraine Report says US military is ‘ill-equipped’ to …
China holds emergency talks with semiconductor companies after US export controls: report
China is holding a number of emergency talks with several semiconductor companies to understand the impact they are facing from the U.S …
European Auto Makers Face 2023 Profit Hit While Industry Seeks China Import Action
European auto profits will dive in 2023 as the recession kicks in and inflation bites. Mondial de l‘Automobile showed competition from China gathering pace and manufacturers want a level playing field …
Chinese crypto activity slows but not dead despite ban
Cryptocurrency transactions in China have picked up in recent months despite a ban in September 2021, suggesting that trading restrictions imposed by Beijing have been largely bypassed by determined …
TikTok’s Chinese Version Douyin Turns Up Heat on Rival Looking to IPO With New Gym Channel
Douyin, the Chinese version of TikTok, has opened a gym channel, encouraging users to work out via cash rewards while turning up the pressure on rivaling mobile application Keep which is planning an …
Is it time to invest in China’s internet giants? Two strategists weigh in
Investors are beginning to think twice about whether buying into China’s highly regulated technology sector is worth the risk.
Sustainable Fashion in China: An Emerging Trend in the Apparel Industry
Interest in sustainable fashion is beginning to take root in China, driven by young, urban, and environmentally conscious consumers.
India is now ever more dependent on Chinese imports despite seeking self-reliance
For the past few years, prime minister Narendra Modi’s government has been pushing businesses to “make in India” and lessen his country’s reliance on China-made goods.
China Holds Emergency Talks With Chip Firms After U.S. Curbs Bloomberg News
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credi …
Fleeing Xi’s China, journalist makes fresh start abroad
Investigative journalist Wang Zhi’an once exposed corruption, land seizures, and medical malpractice in China, with millions of viewers and a powerful platform: state broadcaster CCTV.
China relations slide down crisis-hit agenda for EU leaders summit
A call for urgent action to toughen stance towards Beijing is likely to take a back seat to Europe’s numerous other problems in 2-day meetings Challenge to find space for discussion also signals …