Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive amounts of American energy.
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China’s Huawei Shows the World Its $2,800 ‘Trifold’ Phone
The Huawei phone, called the Mate 60 Pro, was heralded in China as the triumph of a national champion over American constraints. It sold out within minutes on Chinese e-commerce platforms. Many …
China’s exports up solidly but slowing imports dim trade outlook
China’s exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while …
People in China still aren’t buying enough stuff — so exporters are slashing prices to push more overseas sales
China reported exports rose 8.7% in August from a year ago to nearly $309 billion but imports edged up by just 0.5% over the same period.
China’s Huawei Hopes to Keep Its Momentum With a ‘Trifold’ Phone
The Huawei phone, called the Mate 60 Pro, was heralded in China as the triumph of a national champion over American constraints. It sold out within minutes on Chinese e-commerce platforms. Many …
China’s August exports grow a robust 8.7%, beating forecasts while imports soften
Exports in August expanded by 8.7% to $308.65 billion compared to the same period last year, according to data released by China’s customs office Tuesday, beating economists’ estimates of about 6.5%. The export figures for…
China’s exports top forecasts, imports disappoint amid depressed domestic demand
China’s exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a growing number of trade partners, while …
IPO-bound Ather Energy’s cost of imports from China went up to 28% in FY24
Electric two-wheeler maker Ather Energy’s cost of imports from China went up 28 percent, or around Rs 442 crore, in the financial year 2023-24 even as it sourced the remaining 72 percent of the …
China’s Export Growth Surprises in August
Chinese exports exceeded market expectations in August, rising at a faster clip despite the impact of punitive tariffs.
China’s Export Surge: Navigating Tariffs and Domestic Challenges
China’s exports saw their fastest growth in nearly 1.5 years, as manufacturers sped up shipments ahead of anticipated tariffs. Despite high export figures, weak domestic demand hindered imports, …
China’s Exports Beat Estimates in Rare Bright Spot for Economy
China’s exports unexpectedly picked up in August, providing a rare boost for an economy weighed down by deflationary pressures, though this has stoked tensions with trade partners.
US bill to restrict business with China’s WuXi AppTec, BGI passes House
The U.S. House of Representatives on Monday passed a bill that aims to restrict business with China’s WuXi AppTec, BGI and several other biotech companies on national security grounds. It was the …
China’s US$40 billion skincare market thrives as consumers turn to value-for-money brands
Local brands dominate skincare sales in China as consumers switch to value-for-money names from luxury icons Last May, media communications professional Stephanie Sam spent 4,000 yuan (US$562) on …
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