A stable exchange rate plays a key role in China’s position as a major importer and exporter, but the yuan has come under heavy pressure from the US dollar.
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EV Stocks: Tesla’s China Rivals Eye Sales Recovery With Cheaper New Models Due
A smoother road awaits China’s electric vehicle makers given the subsidies and improving consumer demand, the South China Morning Post recently reported. That follows a BYD-led price war in the first …
China Is ‘Killing Us as a Country’ Under Biden, Claims Trump
Donald Trump accused China of “killing” the US and alleged that Joe Biden was bringing the America closer to a world war during the first debate ahead of November’s presidential election.“China is …
Up-and-Coming Chinese Skincare Expert PMPM Bags International Industry Influential Brand Award at United Nations Forum
During the event, Shan Shuo, CEO of PMPM’s parent company Shin Corporation, signed the China Brand UN Declaration. The landmark moment coincided with the unveiling of the brand’s declaration alongside …
China urges U.S. to stop supporting the Philippines’ ‘provocations’
BEIJING, June 28 (Reuters) – China urged the United States on Friday to stop tolerating and supporting “provocations” by the Philippines, after Deputy Secretary of State Kurt Campbell expressed …
China Is ‘Killing Us as a Country’ Under Biden, Trump Claims
Donald Trump accused China of “killing” the US and alleged that Joe Biden was bringing the America closer to a world war during the first debate ahead of November’s presidential election.
Hong Kong’s IPO proceeds plunge to 2-decade low, pushing city down the global rankings
Funds raised from new share listings in Hong Kong dropped to a two-decade low in the first half of the year, pushing the city down several rungs to 13th place in a global ranking of…
At least four companies launch Hong Kong IPOs to raise about $500 million
At least four companies ranging from a U.S.-based jet manufacturer to a Chinese generative AI firm launched Hong Kong initial public offerings on Friday to raise up to $500 million, according to their …
China’s new quality productive forces boost global economic growth
Professor Jin echoed this perspective, saying we need to “make sure we keep China open for business, and keep the world open for China.” Follow China.org.cn on Twitter and Facebook to join the …
China Is ‘Killing Us as a Country,’ Trump Tells Biden in Debate
Donald Trump accused China of “killing” the US and alleged that Joe Biden was bringing the US closer to a global conflict during the first debate ahead of November’s presidential election.“China is …
China has cut off some Vietnamese durian imports
China suspended imports of Vietnamese durians from 33 sources this month, in a move suggesting some growers may have cut corners to quickly enter its vast, competitive market – and providing an …
China to launch over 37,000 cultural tourism consumption events
This photo taken on June 15, 2024 shows a view of a business district in Dalian, northeast China’s Liaoning Province. [Photo/Xinhua] The Ministry of Culture and Tourism (MCT) said on Thursday that …
US lawmakers seek crackdown on Chinese used cooking oil imports over fraud concerns
A group of U.S. farm state senators is pushing for a regulatory crackdown on surging imports of used cooking oil from China and elsewhere amid concerns some of the shipments could be fraudulent.U.S.