Two Chinese nationals were arrested in the US for laundering at least $73 million through shell companies tied to cryptocurrency investment scams, the J …
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China launches its own anti-dumping probe following Biden’s monster tariffs
China has hinted at possible tit-for-tat action against trade barriers imposed by the United States last week, as relations between the two economic superpowers become increasingly fraught.
Foreign Envoys to China Witnessed Launch of Chongqing Brands Global Promotion Initiative
On May 18, the 2024 Land-Sea Economic Forum, themed “China, an Opportunity: New Era of Brand Globalization,” was held at the Chongqing Yuelai International Convention Center.
China’s new energy vehicles boast global competitive edges: officials
China’s new energy vehicles (NEVs) boast global competitive advantages, thanks to technological breakthroughs, well-developed industrial chains, and an open and innovative industry ecosystem, …
China’s Gen Zers become major force in swaying trends and driving domestic consumption
China’s Gen Zers, especially those from the country’s first-tier cities, have a great influence in shaping consumption by driving trends on social media and across the internet, said Yang Jianwen, a …
China’s fuel oil imports soar to the highest since at least 2020
China’s imports of fuel oil rose 10% in April from a year earlier to 2.93 million metric tons, data from the General Administration of Customs showed on Monday, which is the highest level since at…
China Hits Boeing Defense, Two Others With Symbolic Sanctions
China sanctioned three US defense contractors in a mostly symbolic move that signals its unhappiness with US arms sales to Taiwan the same day the island installs a new leader.
China commerce ministry bans some US firms from import, export activities
China’s Commerce Ministry said on Monday that it will prohibit some U.S. firms from importing and exporting activities related to China, including one selling arms to Taiwan, and forbid them from …
China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
BEIJING — China’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration. The …
China adds some U.S. companies to unreliable entities list
China’s Ministry of Commerce announced on Monday the inclusion of some companies on its unreliable entities list as they sold arms to China’s Taiwan region. The companies include General Atomics Aeronautical Systems,
Nio’s ONVO brand offers an affordable alternative for families
Nio unveils the ONVO brand and its first model on May 15 in Shanghai. [LI FUSHENG/CHINA DAILY] Nio unveiled volume car brand ONVO last week, becoming the first Chinese electric vehicle startup to …
Kakao to liquidate character business in China amid ongoing closures
South Korean IT giant Kakao is closing some of its overseas subsidiaries and winding down a string of businesses accused of infringing on local businesses.According to the company’s quarterly report on May 19,
China launches anti-dumping probe into EU, US chemical imports
China’s commerce ministry on Sunday said it had launched an anti-dumping investigation into imports of an important engineering chemical from the European Union, the United States, Taiwan, and Japan.
