Boosted by the Regional Comprehensive Economic Partnership (RCEP) agreement that entered into force on Jan. 1, 2022, industrial cooperation between China and ASEAN has continued to deepen over the …
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Price Wars Break Out Among Consumer Brands in China as Growth Slows
A new chain of grocery stores that stocks only deeply-discounted soon-to-expire foods. These are some of the deals foreign and domestic brands are rolling out to woo Chinese shoppers trying to stretch every penny as…
China slams US chip export control, suppressing China’s semiconductor industry
Chinese foreign ministry spokesperson Mao Ning on Monday said the United States has been stepping up control over chip export to China and going after China’s semiconductor industry in the name of …
Land ports in Xizang see growing imports and exports
The import and export value of four major land ports in southwest China’s Xizang Autonomous Region totaled 4.56 billion yuan (about 642.2 million U.S. dollars) from January to November 2023, a year-on …
Food exporters urged to renew China registration
The Department of Trade and Industry (DTI) is reminding local companies exporting food to China to renew their registration as the Chinese trade regulatory body has issued the notice of approaching …
CN Resumes Import Tariff for Coal; CHINA SHENHUA (01088.HK) Elevates Nearly 2% Amid Falling Mkt
The Customs Tariff Commission of the State Council has released the “Import and Export Tariff Rules of PRC (2024)”, resuming the tariff on coal imports from 1 January 2024. The ge …
China food security: agricultural corruption crackdown ‘far-reaching’, state broadcaster says
Second episode of a four-part documentary series by state broadcaster CCTV focuses on corruption in China, including food security in Heilongjiang province, with 1,011 cases filed and 1,367 officials …
Nvidia Stock Faces a China Test. AI Chip Exports Are a Crunch Issue.
Nvidia is kicking off the new year with the focus on its exports to China. The chip maker still looks to be struggling to balance the demands of Chinese customers and U.S. regulators.
China’s forex reserves expected to increase in 2024
The official gold reserves may further increase as the country diversifies reserve assets, said Wang Youxin, a senior researcher at the Bank of China. “The US government debt problem will further …
China’s data authority vows to build more information infrastructure
China must speed up building information infrastructure if the country wants to build a better digital data market, said Liu Liehong, head of China’s National Data Administration (NDA). Liu made the …
Asia thermal coal imports hit record, but supply keeps prices muted
Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand.
Apple’s China headache worsens as iPhone faces double-digit sales slump
Apple isn’t likely to see its iPhone sales recover from a sluggish start, with Jefferies forecasting a significant drop in volumes for 2024.
China says foreign consultancy boss caught spying for U.K.’s MI6 intelligence agency
China’s spy agency says the foreign head of a consultancy entered the country several times with instructions from MI6 “to collect China-related intelligence for Britain.” …