American brands in China are feeling the heat. Sales are falling fast, as Chinese consumers hold back on spending. For major players like Apple, Starbucks, and Nike, the China market has long been a …
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China’s MSS Fights Foreign Espionage After Gallium Smuggling
China’s top spy agency, known as the Ministry of State Security (MSS), has announced a strong crackdown on foreign espionage activities following a case of attempted smuggling involving gallium, a …
China is boosting market sentiment by playing up hopes for stimulus
Li’s remarks came just as the Purchasing Managers’ Index survey from Caixin and S&P Global showed October services activity in China expanded at its fastest pace in three months. Business confidence also rose to the…
How are firms dealing with US import tariffs on Chinese goods that could persist?
Washington will continue to act against Beijing’s trade practices, no matter who wins the presidential race on Tuesday (Nov 5), experts said.
China is so crazy about durian that it’s now Pizza Hut’s best-selling pizza ingredient in the country
An icon in the shape of a lightning bolt. Impact Link China’s durian obsession has run so high that it’s now taken pizza sales by storm. Yum China, which runs Pizza Hut in the country,…
At the China International Import Expo, Li highlights the importance of opening up its market to trading partners
A wider opening of China would allow the country to play a stabilising role in a slowing global economy, Premier Li Qiang told international business leaders in Shanghai on Tuesday, while pledging to …
China’s messy EV dispute with European Union keeps trade tensions in check
Brussels maintains that Beijing doles out unfair subsidies to its auto industry and refuses to accept China’s counter-offer of minimum import prices. Beijing hit back with probes into Europe’s pork …
China’s messy EV dispute with Europe keeps trade tensions in check
EU member states divided on tariffs, some seek closer China ties China aims to avoid trade war, needs EU market for EVs EU puts tariffs on Chinese EV imports BEIJING, Nov 5 (Reuters) – Fears…
Chinese driver-assist startup announces $100 million in funding, touts ‘deep cooperation’ with Nvidia
Deeproute said it is the first company in China to obtain Nvidia’s newer Thor chip for cars and will release a new system using it next year …
Chinese Red Tape Leaves Billions of Dollars of Deals in Limbo
The long reach of Chinese regulators is making it hard for certain companies in the world’s second-biggest economy to carry out transactions, leaving billions of dollars worth of deals on the table.
China consumer slowdown weighs on U.S. earnings again
Apple last week reported Greater China sales fell slightly to $15.03 billion in the three months ended Sept. 28, down from $15.08 billion in the year-ago period. The figures inclu …
China’s premier ‘fully confident’ of hitting growth targets
Beijing has set a growth target of around five percent for 2024, but in the third quarter the country saw its slowest expansion in a year and a half as its post-pandemic recovery remained stubbornly…
China’s Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
Fang said the company aims to become the top Chinese brand of such white goods in North America, also in roughly the next two years. While China-based companies have been eyeing overseas markets …
