Culture
Estee Lauder, L’Oreal suffer as China’s duty-free spending falls
UNABLE to travel overseas during the Covid-19 pandemic, Chinese consumers sparked a shopping boom in the southernmost province of Hainan,…
Tag
Chinas
Business
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a…
Business
China’s central bank cuts two key rates to historic lows
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid…
News
The World Health Organization Is Excluding Taiwan — at China’s Behest
It is time for the WHO to take a more pragmatic and inclusive approach — one that puts public health above politics. Source link
News
More Trump trade war fallout: China’s exports to U.S. sink 21%
China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald…
Business
China’s top chipmaker SMIC plunges after projecting lower sales
Semiconductor Manufacturing International Corporation (SMIC) plunged on Friday (May 9) after China’s leading chipmaker warned sales could…
News
Hot, dry weather threatens output in China’s wheat-growing belt
Drought in the country’s northern grains production region is set to continue in the next ten days, while heavy rains are forecast to…
Business
China’s CATL seeks US$1 billion loan for Indonesia plant expansion
The company has said that it expects to see little impact from the tariffs the Trump administration has imposed on China because the…
News
China’s Garment Factories Face a Tipping Point After New Tariffs
Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt…
Business
China’s Ant plans to list overseas unit in Hong Kong: report
Ant, an affiliate of China’s e-commerce giant Alibaba, plans to list its overseas arm, Ant International, on the Hong Kong stock exchange,…
Business
China’s early dividend payouts to help ease yuan’s price swings
Chinese companies listed in Hong Kong are bringing forward dividend payments to the second quarter, a move that may smooth out yuan…
Business
How a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw…
Fashion
Lured by Thailand perks, China’s EV makers face reality check
IT’S HARD to miss the aggressiveness of Chinese automakers in the Thai market on the drive from Suvarnabhumi Airport into Bangkok: huge…
News
The Download: China’s energy throwback, and choosing between love and immortality
—Gigi Kwik Gronvall, a senior scholar at the Johns Hopkins Center for Health Security, explains the consequences of the Trump…
Business
China’s Big Five banks post slimmer margins as economic challenges persist
[SHANGHAI/HONGKONG] China’s Big Five lenders on Tuesday (Apr 29) reported narrower margins on their first-quarter earnings and some a drop…
Business
China’s CICC eyes Middle East, South-east Asia in global push
China International Capital Corporation (CICC), one of the nation’s largest brokerages, is seeking to tap the growing demand for…
Business
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
China’s Huawei develops new AI chip, seeking to match Nvidia: WSJ
The Chinese company hopes that the latest iteration of its Ascend AI processors will be more powerful than Nvidia’s H100 China’s Huawei…
Business
China’s Didi recruits ride-hailing drivers in Hong Kong push
China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China. The move sets the…
Business
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800…
Business
China’s central bank chief warns trade frictions threaten trust in world economy
Pan joins annual meetings of IMF, World Bank talks in Washington with US, EU and G20 members China’s central bank chief Pan Gongsheng…
News
Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled
Hapag-Lloyd customers have cancelled 30 per cent of shipments to the United States from China, spooked by the trade conflict between the…
Business
China’s Nio delays Europe launch of Firefly EV to third quarter
The company will sign a contract to sell cars into Singapore this week, CEO William Li says China’s Nio said on Tuesday (Apr 22) it would…
Business
China’s Nio looks to European partners to overcome expansion challenges
Nio, which is preparing to launch its lower-priced Firefly and Onvo sub-brands in Europe, is recalibrating its expansion strategy due to…