China

China prepares for heavy rain as typhoon nears Shanghai

The ministry said in a statement on Saturday that the storm would cause "heavy to torrential" downpours with "local heavy or extremely heavy rainstorms" between Sunday and Tuesday.

US moves to curb 'trade loophole' over China worries

The US government said Friday it will work to curb the "overuse and abuse" of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments

China retail sales, industrial production slow in August

Chinese retail sales and industrial production growth slowed in August, official data showed Saturday, as leaders in Beijing seek paths to achieve growth targets despite consumers' reluctance to spend

China slams Canadian tariff proposal as 'dangerous'

China's Commerce Ministry on Wednesday called Canada's intention to impose further tariffs on its batteries, tech products and critical minerals "dangerous," according to state media

Optimism of US firms in China at record lows: report

American firms in China are grappling with an unprecedented web of challenges, a business group said Thursday, as economic woes and geopolitical tensions drag optimism and profitability to all-time lows

Boeing August MAX deliveries to China highest since 2018

Corrects to say the August China MAX deliveries were highest since December 2018, not December 2019, with error due to incorrect information from Boeing. Headline has been corrected, along with story

EU business lobby head says 'enormous waste' in Chinese EV sector

Overcapacity of Chinese electric vehicles is among the top concerns facing European firms in the country, the president of a business lobby warned Wednesday, decrying "enormous waste" in some key sectors.

China coal production threatens climate goals: study

China's planned expansion of coal mining threatens the country's climate goals and risks vastly increasing its methane emissions, a study warned on Tuesday

Chinese exports top forecasts but imports slow sharply

China's exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country's leaders struggle to boost consumption in the world's second-largest economy

May 1, 2024
May 1, 2024

Cotton farming not catching on for lack of govt support: experts

The expansion of cotton farming in Bangladesh has remained stagnant over the years due to a lack of sufficient farmland, manpower and government support, particularly in terms of innovation and investment.

April 30, 2024
April 30, 2024

What is Elon Musk doing in China?

Elon Musk's recent visit to China has stirred significant interest and speculation, drawing attention to the purpose and implications of his journey. Musk's visit, the details of which were mostly kept secret, was primarily aimed at the rollout of Tesla's Full Self-Driving (FSD) software in China, as well as receiving necessary permissions for data transfer regulations.

April 30, 2024
April 30, 2024

Opening up brings progress, cooperation benefits all

China’s economic progress means not only GDP growth rate, but also quality improvement.

April 29, 2024
April 29, 2024

China firms go 'underground' on Russia payments as banks pull back

The US has imposed an array of sanctions on Russia and Russian entities since the country invaded Ukraine in 2022.

April 24, 2024
April 24, 2024

Beijing powers up into car wars battleground

The Chinese market alone is crucial: it’s the world’s biggest with sales of 22 million vehicles last year, according to the China Passenger Car Association

April 21, 2024
April 21, 2024

China F1 crowd turns up the volume ahead of Zhou's home debut

Chants of "Guanyu, Guanyu, Guanyu," drowned out all other sound at the Shanghai International Circuit on Sunday as Zhou Guanyu, China's first and only Formula One driver, stepped onto the starting grid ahead of his first Chinese Grand Prix.

April 20, 2024
April 20, 2024

Apple removes WhatsApp and Threads from China App Store

Apple announced the removal of Meta Platforms' WhatsApp and Threads from the Chinese App Store on Friday, following directives from the Chinese government citing national security concerns.

March 30, 2024
March 30, 2024

China reaffirms financial support for Sri Lanka

Sri Lanka's years-long economic crisis was high on the agenda during Gunawardena's trip, with China accounting for around 10 percent of the South Asian country's total foreign debt

March 27, 2024
March 27, 2024

China files WTO complaint over US electric vehicle subsidies

The US Inflation Reduction Act (IRA) "formulates discriminatory subsidy policies for new energy vehicles," said China's Ministry of Commerce

March 10, 2024
March 10, 2024

China warns overall pressure on employment yet to ease

More than one in five of the roughly 100 million Chinese aged 16 to 24 were unemployed in June 2023

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