The expanded pro-consumption policy, which comprises measures such as subsidies for digital products and home appliances, is driving significant sales growth and deeper market engagement for …
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How China’s sanctioned oil imports are rebounding despite global pressure
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the US sanctions on tankers involved in Russian and …
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.
Trump administration pushes out top China export policy official, sources say
The Trump administration has forced out a senior Commerce Department official overseeing export restrictions on China, three people familiar with the matter said.Matthew Borman is leaving his role as …
China’s largest bubble tea chain Mixue aims to raise $443M in Hong Kong IPO
China’s largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.
Mainland China courts rule crypto has no legal currency or protection status in investor dispute
China’s Jiangsu Provincial High People’s Court recently released information about a foreign-related case involving a 15.74M yuan cryptocurrency contract gone bad between Singaporean investor, Pan …
China: Manufacturers should make use of all legal means
Huawei’s boss asserts that China’s chip production is making progress. Xi Jinping wants to exploit all opportunities for market access.
China trade envoy raises “serious concerns” with US Treasury Secretary in first call
The talks came shortly after Trump imposed additional tariffs on imports from China over its alleged role in the deadly fentanyl trade, which Beijing has pushed back against. “Secretary Bessent …
AstraZeneca Secures China Rights to Anemia Drug, Buying FibroGen Unit in $160M Deal
By selling its China business to AstraZeneca, FibroGen can focus on developing a prostate cancer drug and potentially resuming development of roxadustat in another indication.
Treasury’s Bessent, China’s He trade economic complaints in call
U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, telling Beijing to do more to curb fentanyl trafficking and rebalance its economy, while …
US, China economic leaders raise ‘serious concerns’ in first call
US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world’s two …
Trump’s China tariffs will hit small device makers hardest
Matt Ronge, the cofounder and CEO of AstroPad, is also contemplating price hikes. AstroPad makes a range of gadgets for creative workers, including a wireless dongle that turns spare iPads or Macs …
China airs serious concern over new U.S. tariff in video call
Chinese Vice Premier He Lifeng on Friday expressed Beijing’s serious concern over U.S. trade restrictions, including a new 10 percent tariff on Chinese imports, during a video call with U.S. Treasury …