U.S. Secretary of the Treasury Janet Yellen on Wednesday called China’s production in electric vehicles, lithium ion batteries and solar energy ‘unfair competition.’ …
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China-made vehicles will comprise a quarter of Europe’s EV sales this year, study shows
The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
China’s economy is on track for ‘strong’ March performance, survey says
China’s economy is ending the first quarter on a “strong” note, according to a business survey published by the China Beige Book on Thursday.
US law firm Weil exits Beijing, ‘in discussions’ for Shanghai closure
Weil, Gotshal & Manges has become the latest U.S. law firm to retreat from the Chinese market, saying Wednesday it is moving towards ending its presence on the mainland.
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
Janet Yellen said she will confront her Chinese counterparts about its solar, EV trade practices in an upcoming visit to China.
Yellen Warns China Against Flood of Cheap Green Energy Exports
The Treasury secretary, who plans to make her second trip to China soon, argued that the country’s excess industrial production warped supply chains.
China’s Older Job Seekers Expose Scale of Unemployment Crisis
A supermarket ad seeking workers 30 and under touched a nerve for many Chinese frustrated by employers’ age-related preferences.
China’s Country Garden hires Kroll to carry out liquidation analysis, sources say
Country Garden has hired Kroll to carry out a liquidation analysis ahead of a court hearing in mid-May, according to three sources, as the embattled Chinese developer pushes ahead with its offshore …
China accelerates reforms to ramp up post-Covid rebound
New quality productive forces simply mean new drivers of socio-economic growth, powered by frontier technologies, environmental protection, overall reform and coordinated regional development.
Chinese President Xi meets with U.S. CEOs in Beijing
Chinese President Xi Jinping Wednesday met with several U.S. CEOs and academics in Beijing in what appeared to be an effort reassure foreign investors amid global Chinese-U.S. tensions.
China Fumes as India Backs US Ally in Heated Territorial Dispute
India’s minister of external affairs extended support to the Philippines amid clashes between Beijing and Manila’s vessels.
China’s Xi sounds positive note in meeting with US business leaders
China’s economy has struggled to recover from severe self-imposed restrictions during the Covid-19 pandemic that it lifted only at the end of 2022, but Mr Xi said China was again contributing to world …
Beijing residents play fetch with migratory birds in ancient Chinese tradition
In winter or early spring in Beijing, some residents continue to engage in a tradition dating back to the Qing Dynasty where they play fetch with birds.
