China

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
14 September 2024, 06:03 AM

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
12 September 2024, 05:07 AM

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
12 September 2024, 05:02 AM

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
11 September 2024, 05:41 AM

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.
11 September 2024, 05:36 AM

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
10 September 2024, 11:46 AM

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
10 September 2024, 05:04 AM

China consumer prices edge up to six-month high in August

Chinese consumer inflation ticked up slightly in August to a six-month high, official data showed Monday, but the reading missed expectations and did little to soothe worries about sluggish spending in the world's number two economy
9 September 2024, 04:56 AM

China tells US it presents 'opportunity' not 'threat': ministry

Chinese Vice Commerce Minister Wang Shouwen told his US counterpart on Saturday that a modern China was an economic "opportunity" not a "threat" to the United States, the ministry said
8 September 2024, 05:02 AM

China’s global battery ram will be hard to stop

China’s electric cars have zoomed into a new era of battery-powered driving. Now models such as BYD’s Seal and Great Wall Motor’s Funky Cat face an international backlash.
7 September 2024, 06:29 AM

China's Xi promises $50 billion for Africa over next three years

Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest summit since the pandemic
5 September 2024, 04:47 AM

Trade War II will be easy to lose for China

“Trade wars are good, and easy to win,” Donald Trump tweeted in March of 2018 when he was US president, just months before kicking off in earnest one of the largest trade conflicts in modern history.
4 September 2024, 09:31 AM

China's services activity expansion slows in August, Caixin PMI shows

Growth in China's services sector activity slowed in August despite the summer travel peak, prompting some firms to cut staff amid concerns about rising costs, a private-sector survey showed on Wednesday
4 September 2024, 05:49 AM

China looks to dominate industrial robot production

In 2022, China secured its position as the global leader in industrial automation, accounting for over half of the world's total industrial robot installations, as per a finding by the International Federation of Robotics. Even now, the country continues to be a strong contender in the production of industrial robots.
26 August 2024, 02:46 AM

China green-lights 11 new reactors in nuclear push

China National Nuclear Power received approval for three reactors, the company said in a statement on WeChat, while State Power Investment Corp said it had received approval for two units.
20 August 2024, 04:26 AM

China sentences ex-football official to 11 years for corruption

Li Yuyi, a former vice president of the Chinese Football Association (CFA), was sentenced by a court in Jingzhou, Hubei province.
19 August 2024, 07:30 AM

China tests cargo drones with 2-tonne capacity

China has recently started testing cargo drones capable of 2-tonne payload capacity, in the hopes of expanding the country's low-altitude economy. Furthermore, the country has also been testing helicopter taxis on their soon-to-open 100-km route to Shanghai.
12 August 2024, 14:23 PM

China completes historic diving clean sweep

China completed a historic clean sweep of all eight Olympic diving gold medals after Cao Yuan won the men's 10m platform final in Paris on Saturday.
10 August 2024, 14:37 PM

China's Sheng, Huang bag first gold of Paris Olympics

Sheng, who won an individual silver medal at the pandemic-delayed Tokyo Olympics three years ago at the age of 16, and Huang, 17, kept their cool to edge past South Korea's Keum Ji-hyeon and Park Ha-jun 16-12.
27 July 2024, 10:39 AM

Planned NATO statement full of 'belligerent rhetoric' and 'lies', says Chinese official

The draft communique said China has become a decisive enabler of Russia's war effort in Ukraine and Beijing continues to pose systemic challenges to Europe and to security.
11 July 2024, 03:45 AM