Federal authorities have seized more than 350 websites after an undercover investigation revealed that the sites were used to illegally import gun parts into the US from China. To get the illegal …
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As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023.
China’s Dongfeng to assess Europe sales prospects before plant decision
TURIN, Sept 12 (Reuters) – China’s Dongfeng Motor Group (0489.HK), opens new tab … Ma Lei, the general manager of Dongfeng international business, was speaking at a product event in Turin, Italy, …
What Are the Most Valuable Chinese Brands?
Tencent is the Chinese brand with the highest brand value, with a ranking of the top 100 brands headquartered in the People’s Republic released by Kantar BrandZ on September 10 scoring it at $129 …
Western Firms That Flocked to China Are Now Pulling Back
As China’s growth slows and the difficulty of doing business there rises, Western companies have stopped plowing money into the country.
Confidence of US firms in China wanes as record numbers cut investments amid hardships
AmCham Shanghai’s business-climate survey flags concerning trends while expressing hope that Washington eases up on tariffs and helps stabilise relationship.
Commentary: Foreign carmakers also have a China overcapacity problem
No one predicted just how fast China’s own industry would develop in the age of EVs, says the Financial Times’ China correspondent Edward White.
Two Chinese AI Chipmakers Seek IPOs to Mount Challenge to Nvidia
Two of China’s most prominent designers of AI chips are targeting initial public offerings in Shanghai as soon as this year, taking advantage of growing appetite for domestic players seeking to …
How China’s adoption of IPO system proved fatal for $1.7 trillion brokerage industry? — explained
China’s $1.7 trillion brokerage industry faces a severe regulatory crackdown, with 8,700 investment bankers facing pay cuts and travel restrictions …
Tech war: US-sanctioned Chinese AI chip rival to Nvidia, Biren Technology, plans IPO
The Shanghai-based unicorn, seen as a potential Nvidia competitor on the mainland, has begun its IPO tutoring process Artificial intelligence (AI) chip start-up Biren Technology, one of China’s best …
US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
Out of 306 companies polled, a record-low 66 percent were profitable in 2023, according to the China business report published by the American Chamber of Commerce in Shanghai.
China’s Slowdown Threatens Pace of Global Oil-Demand Growth, IEA Says
A rapid slowdown in Chinese oil-demand growth is driving down global consumption, reinforcing expectations that demand will peak by the end of the decade, the International Energy Agency said. The Paris-based organization forecasts this year’s…
Business News LIVE Updates Today September 12, 2024: China detains investment bankers, takes passports amid increased crackdown
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