Departing Fortescue chief executive Elizabeth Gaines leaves big shoes to fill, and a series of key challenges for her successor.
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China banks rush to raise debt as slowdown hikes potential bad loans
A record amount of fresh money has come from financial markets in China, with banks selling 29% more bonds in the first half of the year compared to last year …
China’s industrial profits rebound in June though headwinds remain
Profits at China’s industrial firms bounced back to growth in June after two months in the red, underpinned by the resumption of activity in major manufacturing hubs, but fears of a COVID-19 …
The US is ‘asleep at the switch’ on China buying up American farmland: Rep Chip Roy
The head of the U.S. Securities and Exchange Commission (SEC) said Wednesday that he will not send public accounting inspectors to China or Hong Kong unless Washington and Beijing can agree on …
Highlights from the China Intl Consumer Products Expo
Photo taken on July 27, 2022 shows the booth of Moet Hennessy at the second China International Consumer Products Expo (CICPE) in Haikou, South China’s Hainan province. Spreading across more than …
Tech Giant Alibaba Seeks Primary Listing Status on Hong Kong Stock Exchange
If completed, the move would also take advantage of incentives in Hong Kong aiming to attract Chinese high-tech companies to the “special autonomous region.” …
Imports, foreign labels popular amid consumption upgrade
People in China are seeking more exquisite high-end consumer goods with their spending on both imports and foreign brands continuing to be a key driver for consumption upgrade, according to a new …
85 pct of China import expo exhibition area booked
Eighty-five percent of the planned enterprise exhibition area has been booked for the fifth China International Import Expo (CIIE), according to the event’s organizers. Over 270 Fortune 500 companies …
China’s tech crackdown is creating a gloomy outlook even for titans like Tencent
Report suggests overseas expansion of China’s biggest games companies is driven partly by frustration at home.
Pelosi invites Republican lawmakers to Taiwan as China warns of countermeasures if speaker visits
House Speaker Nancy Pelosi is considering a trip to Taiwan in spite of Chinese threats and lackluster support from President Biden’s administration.
Domestic brands attract visitors at second CICPE
Photo taken on July 26, 2022 shows Sea-Gull watches exhibited at the second China International Consumer Products Expo (CICPE) in Haikou, south China’s Hainan Province. A batch of domestic brands have …
China to address ‘unbalanced and inadequate’ development in next five years – Xi
China must focus on addressing “unbalanced and inadequate development” in the next five years, President Xi Jinping told senior leaders this week, indicating he wants to continue the economic …
Majority of U.S. Senate backs bill boosting chipmakers, to compete with China
A majority of the U.S. Senate on Wednesday backed sweeping legislation to subsidize the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent …
