China is facing pressure on trade as foreign shipments drop off and domestic demand remains weak, with a darkening global growth outlook and geopolitical tensions making a reprieve unlikely anytime …
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Alert: China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed
HONG KONG (AP) — China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed.
McDonald’s China owners Carlyle, Trustar plan partial exit with US$4 Billion stake sale; GIC, Mubadala among investors approached
Carlyle Group and Trustar Capital plan to raise US$4 billion from investors like Singapore’s GIC who may buy part of their stakes in McDonald’s operations in Hong Kong and mainland China.
China’s June crude imports soar 45.3% y/y as inventories build
China’s crude oil imports in June jumped 45.3% on the year to the second-highest monthly figure on record, customs data showed on Thursday, with refiners building up inventories despite tepid domestic …
People’s Daily unit issues first ‘data certificates’ in China to prove data ownership and rights
People Data, a unit under the People’s Daily, has issued certificates covering data ownership, data processing rights and data management rights The company, which hopes to build a nationwide data …
China brands US a ‘global hacking empire’ – while denying government attack
China has called the US government ‘the world’s largest hacking empire’ in response to a Microsoft report accusing Chinese state-sponsored hackers of snooping on US government emails.
Mitsubishi’s China JV to cut staff costs after SUV sales dive
Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs in an attempt to turn the company around after sharp sales declines for sport …
Sex sells: China’s Rui Zhou collaborates with Victoria’s Secret
Welcoming sex and body positivity, Victoria’s Secret taps LVMH Karl Lagerfeld 2021 prize winner Rui Zhou to co-design a loungewear and lingerie collection for its China market.
China’s exports record biggest decline in more than 3 years
China’s exports contracted more than expected in June, hit by shrinking global demand and adding to concerns about the world’s second-largest economy.
China’s Worse-Than-Expected Exports Deal Fresh Blow to Economy
China’s exports fell for a second straight month in June, adding to the economic pain that has slowed the nation’s recovery this year.Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says…
China exports slumped 12.4% in June from a year earlier as global demand weakened
China has reported its exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation.
Across China: Ancient chestnut business flourishing as growers pull together
Eighty kilometers north of downtown Beijing, at the foot of the Great Wall, the land is awash with sweet chestnut trees, some of them hundreds of years old. Five weeks from now, the farmers will…
China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed
HONG KONG — China trade tumbled in June with exports declining 12.4% and imports down 6.8% as global demand slowed.