Instead, they invited him to Kunming, the capital of Yunnan province to Myanmar’s north, for a small regional summit hosted by Li Qiang, China’s premier. But their real purpose is to prod him to lay…
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China’s luxury slump is trickling down to other consumer companies
For the better part of this year, China has experienced a slump in the most opulent of sectors. Sales for luxury powerhouses like LVMH, Richemont, and Burberry have fallen in the region that once seemed…
Is the return of Donald Trump China’s dream or nightmare?
His re-election is unlikely to shake those views. The challenge facing China’s rulers is to take advantage of Mr Trump’s comeback, while avoiding the dangers of a second Trump administration. For Xi …
Italy opens procedure against China’s Sinochem for possible breach of Pirelli governance
MILAN (AP) — Italy has opened an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, for a possible breach of restrictions designed to protect national strategic assets. Pirelli announced Wednesday …
China, already grappling with a weak economy, braces for Trump’s return
China is bracing for an unpredictable four years when Donald Trump returns to the White House, with the potential for renewed tensions over trade and Taiwan, but also opportunities for Beijing to play a greater…
AP explains: Beijing prepares for friction with Washington after Trump victory
Trade and the self-ruled island of Taiwan are among the issues predicted to bring friction to the relationship between Chinese leadership and the administration of President-elect Donald Trump.
Pharma giant AstraZeneca says China chief detained
Join YEN’s Sports News channel on WhatsApp now!Pharmaceutical giant AstraZeneca said Thursday that the head of its China operations had been detained, after reports the firm was under investigation …
China-U.S. talks on critical issues under threat as new Trump era looms
U.S. President-elect Donald Trump inherits a United States-China relationship reset by presidents Joe Biden and Xi Jinping over the last year to lift ties off a diplomatic nadir after COVID-19 and …
Dell opens AI centre in Shenzhen as PC maker shows commitment to China
Dell’s new AI Smart Solutions Centre comes one year after reports that it would be reducing its reliance on China.
China’s exports grew 12.7% in October, fastest pace in more than 2 years
HONG KONG (AP) — China’s exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. The report came a day after…
Explainer: China-U.S. talks on critical issues under threat as new Trump era looms
U.S. President-elect Donald Trump inherits a United States-China relationship reset by presidents Joe Biden and Xi Jinping over the last year to lift ties off a diplomatic nadir after COVID-19 and …
China asks banks to lower interbank deposit rates to boost growth, Bloomberg News reports
Chinese regulators have asked the country’s banks to lower the rates they pay to deposits from other financial institutions to free up funds to boost the economy, Bloomberg News reported on Thursday, …
China Survey Says Up to 30% of Adults Felt Long Covid Symptoms
Up to three in every 10 Chinese adults experienced long Covid symptoms in a survey of more than 70,000 residents, offering rare insight into the scale of lingering issues plaguing the country’s 1.4 billion people…