This is part of other measures under President Xi Jinping’s years-long common prosperity campaign. Read more at straitstimes.com.
Tagged By import
Appliance Giant Midea’s Big Hong Kong Debut to Set Tone for IPO Revival
Hong Kong’s biggest listing in more than three years presents a major test for the city’s struggling market for initial public offerings.
China detains investment bankers, takes passports amid increased crackdown on dealmakers
Sun Jianbo, president and founder of Beijing-based asset manager China Vision Capital, said the industry consolidation and regulatory crackdown suggest China’s going in the right direction to reshape …
US businesses’ optimism in China falls to record low, survey shows
Political tensions, China’s slowing economic growth and fierce domestic competition are sapping the confidence of U.S. businesses in the country, with optimism about their five-year outlook falling to a record low,
China trade chief set for talks on trade in Italy next week
China’s top trade official will arrive in Italy next week for talks, an Italian government source said on Wednesday, as Beijing seeks to persuade European Union members to reject proposed EU tariffs on Chinese electric…
US lawmakers urge Biden to close tariff ‘loophole’ for Chinese small package imports
A majority of Democratic U.S. House of Representatives members on Wednesday urged President Joe Biden to use his executive powers to end a tariff “loophole” for low-value packages that they say are …
China’s Exports Surge Amid Weak Domestic Economy, Raising Global Concerns
In August, China’s exports surged by nearly 9%, reaching $309 billion, the highest since September 2022, while imports remained stagnant at 0.5%. The strong export growth provided a rare boost to …
US seizes over 350 websites used to import gun parts from China
U.S. authorities said on Wednesday they had seized more than 350 websites selling gun silencers and parts from China used to covert semiautomatic pistols into fully automatic machine guns.
European firms doubt China’s appetite to fix economy, lobby group says
European firms in China doubt the government has a credible plan to boost demand in the ailing economy or will carry out long-promised reforms, diminishing their appetite to invest in the country, a European business…
China’s exports grow by 8.7% in August, beating expectations
China’s exports rose more-than-expected in August, while imports missed expectations. Exports grew by 8.7% in U.S. dollar terms in August from a year ago, while imports rose by just 0.5%. The volume of China’s rare…
China and America: The most important relationship in the world
The relationship between China and America is not just a big deal. It’s the deal. With both nations holding the title of the world’s largest economies, their …
Analysts see options for US despite China’s mineral export controls
China’s Ministry of Commerce will begin implementing export controls on antimony and certain superhard materials starting Sept. 15
The Rally In China Bonds Says Nothing Good About China’s Economy
Flows into Chinese government bonds announces the poor opinion most Chinese have about the country’s prospects.
