China’s car sales fell 6.9% in June from a year earlier, dropping for a third straight month as government incentives failed to spur consumer demand in a sputtering economic recovery. Passenger …
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Foreign Carmakers Fight to Survive in China as Market Share Dwindles
The country’s auto market is rapidly electrifying, with help from state subsidies, and local electric-vehicle makers have grabbed a significant share of the market.
Esprit explores options after halting initial China business bid talks
Clothing brand Esprit has ended discussions with a potential bidder for its China business due to the offer not being commercially viable and has confirmed it is looking at its other proposals.
China’s car sales fall in June for third month running
China’s car sales fell 6.9% in June from a year earlier, dropping for a third straight month as government incentives failed to spur consumer demand in a sputtering economic recovery.
German exports fall more than forecast in May
By Maria Martinez (Reuters) -German exports fell more than expected in May due to weak demand from China, the United States and European countries, data from the federal statistics office showed on …
Chinese digital retail service provider Dmall completes CSRC registration for Hong Kong IPO
The Shenzhen-based company, backed by Tencent and Lenovo, plans to sell up to 86 million shares, according to a statement posted on the CSRC website.
China’s car sales slide in June, falling for third month running
China’s June car sales fell 6.9% from a year earlier, extending declines for a third straight month as government incentives failed to spur consumer demand in a sputtering economic recovery.
China may investigate energy storage plants for fire risks, local media says
Chinese authorities are considering ordering large-scale investigations of energy storage plants for fire risks, in a sign of tighter standards for China’s booming battery energy storage industry, the …
China will hold hearing on European brandy imports
As a result of the ongoing disucssions on tariffs on electric vehicles from China, China is now looking into its anti dumping investigation of the European brandy import.
AliExpress-Temu user numbers rise again; Korean professor warns of business shift to China
The number of South Korean users on Chinese direct purchase platforms, such as AliExpress (Ali) and Temu, rebounded in June after two consecutive months of decline in April and May. According to WiseApp·Retail·Goods,
EU Targets China’s Temu and Shein with Proposed Import Duty Reform
The European Union is drafting plans to impose customs duties on inexpensive goods bought from Chinese online retailers, including Temu, Shein, and AliExpress.
Bitcoin (BTC) News Today: Can a China Crypto Re-Entry Counteract Supply Surge?
External factors like Mt. Gox repayments and potential BTC sell-offs cast a shadow over recent BTC-spot ETF market flow data.
Europe starts to impose car import tariffs
LIN SHANCHUAN/XINHUA The European Union has imposed additional tariffs on imports of electric vehicles made in China from Friday. There is, however, a four-month window during which the tariffs are …
