After GM Authority exclusively reported back in March that General Motors is establishing a new imported vehicle business in China, the automaker has just officially announced the establishment of its …
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China’s Boycotts of Western Brands Aren’t Very Effective
The clothing company Inditex, the owner of Zara and other popular fashion brands, generates over three-quarters of its revenues in Western markets. China produced outsized earnings for Nike last …
Yuan-ruble trade hits a 6-month high as Chinese exports to Russia jump amid Western sanctions
Yuan-ruble trading volume surged to a six-month high in China last month as Chinese exports to Russia ramped up. Spot trading between the two currencies rose to 321 million yuan, …
China pays for its disengagement
For more than three decades, the global economy was defined by unbridled integration and unprecedented interdependence. Neither political spats nor localized wars could slow the globalization train.
Fact-Checking 8 Claims About Crypto’s Climate Impact
While some experts say that there’s potential for positive impact from crypto mining, most agree there are few indications that the industry is going in the right direction. “There is a narrow path …
China’s Up-and-Coming Sports Gear Makers: When Politics Meets Business
China’s indigenous sports apparel companies have made great strides in their domestic market, in part by embracing the CCP’s line. That decision poses steep hurdles for their expansion abroad.
China – Amends 14-Year-Old: Anti-Monopoly Law: What Has Changed And Implications For Business.
China promulgated the Amendments to its 14-year-old Anti-Monopoly Law (the “AML”) which will take effect from 1 August 2022 (the “Amendments”). To bring the Amendments alive, consultation drafts of …
Mercedes-Benz, BMW, and Audi’s EV plans are reliant on China
Three major German carmakers have separately made announcements this month that underscore just how important China is to their electric vehicle ambitions. Mercedes-Benz has just kicked off production …
What China did to Hong Kong is a ‘horrible omen for what’s about to happen in Taiwan,’ says Kyle Bass
Kyle Bass, CIO of Hayman Capital Management, joins CNBC’s ‘Squawk Box’ to discuss China’s relationship with Taiwan as President Xi Jinping makes his first visit outside the mainland for the first time …
China takes fresh steps to open bond market to foreigners
China took fresh steps on Friday to facilitate foreign investment in its $20 trillion bond market, saying it would cut service fees, improve overseas access to foreign exchange hedging, and streamline …
China’s Largest Displacement and Horsepower Hydrogen-fueled Engine Yuchai YCK16H Successfully Ignited
On June 30, Yuchai YCK16H hydrogen-fueled engine was successfully ignited in Yulin, Guangxi. The engine, with a displacement of 15.93 liters and a maximum horsepower of 560 hp, is the largest hydrogen …
Chinese A-share market emerges champion in global IPO financing
In the first six months, the A-share market raised a total of 311.9 billion yuan (about 46.5 billion U.S. dollars) via IPO, up 46 percent from a year ago and topping the global chart for…
China to take fresh steps to facilitate foreign bond investment
The China Foreign Exchange Trade System (CFETS) also said it will roll out a new business on Monday facilitating cross-border bond subscriptions. In addition, CFETS will make it easier for foreign …
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