China

CHINA-ECONOMY-TRADE

China Becomes Global Leader in EV Exports, Prompting Need for More Shipping Vessels

Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.


China Hits 2 U.S. Defense Companies With Sanctions For Selling Military Weapons to Taiwan

China imposes sanctions on two U.S. defense companies for alleged involvement in arms sales to Taiwan by freezing their assets within China and barring entry into the country.

China to Remain the World's Top Engine for Global Economic Growth, ADB Says

Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.

China Says Innovations Drive Rapid Expansion of EV Firms as Janet Yellen Highlights ‘Overcapacity’ Fears

Commerce Minister Wang Wentao insists that ongoing innovation drives China's EV firms' fast development and not subsidies.


Latest News

Ex-Tesla employees allege that Elon Musk enjoys special privileges in China. Here's what was revealed.
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Zhang Zilong, son of the owner of Chinese snack brand Mala Prince, discloses that he discovered his family's million-dollar wealth post-graduation, as his father intentionally concealed it to instill humility and diligence in him.
In response to the US House passing a TikTok ban bill and amid fears of Chinese retaliation, China has initiated measures to exclude US-manufactured microprocessors, particularly from Intel and AMD.
After Evergrande was accused of $78 billion fraud, Chinese authorities are investigating accounting giant PwC.
Apple CEO Tim Cook arrives in Shanghai ahead of a new retail store opening and decreasing iPhone sales.
China's real estate giant Evergrande and its founder, Hui Ka Yan, are accused of inflating revenues by $78 billion over two years before the company defaulted on its debt.
China's central bank withdrawal indicates cautious economic growth, disappointing stimulus hopes, and limited policy options amid yuan decline and global rate disparities.
China's decreasing EV demands are forcing EV makers to become more creative. Here are some of the most peculiar add-ons they now offer.
The People's Bank of China will allow foreigners to spend up to $2,000 annually on Alipay without ID registration, while Ant Group raises single transaction limits to $5,000 from $1,000.
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