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Tag:

China

  • US and World News

    European shares open higher as luxury, mining stocks jump on China reopening hopes

    by Reuters November 4, 2022
    by Reuters November 4, 2022

    (Reuters) – European shares opened higher on Friday, with luxury stocks and miners leading the advance on hopes that China will soon ease its strict COVID-19 curbs. The STOXX 600 …

  • US and World News

    Xi tells Scholz China, Germany should step up cooperation in turbulent times

    by Reuters November 4, 2022
    by Reuters November 4, 2022

    By Andreas Rinke and Eduardo Baptista BEIJING (Reuters) -Chinese President Xi Jinping on Friday touted the need for greater cooperation between China and Germany amid “times of change and turmoil” …

  • US and World News

    China says U.S. must ‘take responsibility’ for breakdown in climate ties

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    SHANGHAI (Reuters) – Climate change diplomacy between China and the United States cannot be separated from broader political tensions between the two sides, and Washington must take responsibility for the …

  • US and World News

    Nepal’s Oli vows balanced ties with China, India if returned to power

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Gopal Sharma KATHMANDU (Reuters) – Nepal’s main communist opposition party will balance the Himalayan nation’s ties with neighbours China and India for mutual benefit if it is returned to …

  • US and World News

    Germany’s Scholz tests China ties with inaugural visit, to discuss Ukraine

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Riham Alkousaa and Eduardo Baptista BERLIN (Reuters) – German Chancellor Olaf Scholz arrives in China on a one-day trip on Friday, becoming the first G7 leader to visit since …

  • US and World News

    Exclusive-U.S. says China and Russia have leverage to stop North Korea nuclear test

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – The United States believes China and Russia have leverage they can use to persuade North Korea not to resume nuclear bomb …

  • US and World News

    China to keep yuan stable, says central bank governor

    by Reuters November 3, 2022
    by Reuters November 3, 2022

    HONG KONG (Reuters) – China will keep the yuan currency stable and increase flexibility of the yuan exchange rate, the central bank governor said on Thursday. Yi Gang, governor of …

  • US and World News

    Brazil moves closer to China corn exports as Beijing approves traders

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Dominique Patton and Ana Mano BEIJING/SAO PAULO (Reuters) -Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart …

  • US and World News

    U.S. ‘strongly suggested’ there be no controlling interest by China in Hamburg port terminal

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    MUNSTER, Germany (Reuters) – The United States “strongly suggested” that there would be no controlling interest by China in the Hamburg port terminal, a senior U.S. State Department official said, …

  • US and World News

    DuPont’s canceled acquisition fuels fears of China scuttling mergers

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Anirban Sen NEW YORK (Reuters) – DuPont De Nemours Inc’s decision to scrap its deal to buy Rogers Corp has raised concerns that more Western buyers will follow the …

  • US and World News

    Estee Lauder cuts forecasts on China curbs, tightening inventories

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Ananya Mariam Rajesh (Reuters) -Estee Lauder Cos Inc cut its full-year forecasts on Wednesday ahead of the most important holiday season, blaming lockdowns in China and American retailers cutting …

  • US and World News

    Domestic share buyers step in as foreign funds flee China

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – As foreign funds head for the exit, Chinese stock investors are snapping up beaten-down shares of mainland firms, betting outside …

  • US and World News

    China COVID curbs exact wider business toll on Yum, EV maker Nio

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    SHANGHAI (Reuters) – Chinese electric vehicle maker NIO suspended production at its plants in the eastern city of Hefei as rising COVID-19 cases and China’s heavy-handed response to outbreaks exact …

  • US and World News

    China says it will increase imports of energy, agricultural products

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    BEIJING (Reuters) – China will boost imports of advanced technology, major equipment and key components as well as energy and agricultural products that are in short supply, Commerce Minister Wang …

  • US and World News

    Debt risks of top real estate firms are prominent – China bank regulator

    by Reuters November 2, 2022
    by Reuters November 2, 2022

    BEIJING (Reuters) – Debt risks of some top real estate firms are prominent and risk control ability of some local financial institutions are weak, according to the chairman of China’s …

  • US and World News

    China to encourage more foreign investment in manufacturing industry

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    BEIJING (Reuters) – An official of China’s state planner said on Wednesday that the country’s foreign investment has increased steadily so far this year and that it will encourage more …

  • US and World News

    Auditor exodus at embattled China property firms triggers governance concerns

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Clare Jim HONG KONG (Reuters) – Auditors of at least 14 Hong Kong-listed Chinese property firms have exited this year, securities filings showed, raising governance concerns about the debt-ridden …

  • US and World News

    Miner BHP warns of inflation risks in 2023, says China demand to stabilize

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Praveen Menon SYDNEY (Reuters) – BHP Group Ltd, the world’s biggest miner by market value, said on Wednesday that inflationary pressures would remain a challenge next year, but that …

  • US and World News

    China Evergrande unit gets notice for $4.48 billion loan from Shengjing Bank

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    (Reuters) – Debt-laden property developer China Evergrande Group said on Tuesday its unit received a notice of enforcement for unrecoverable funds from Shengjing Bank Co Ltd. The bank said it …

  • US and World News

    China aims to ship 25 million virtual reality devices by 2026

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    By Josh Ye HONG KONG (Reuters) – China released its first action plan dedicated to virtual reality on Tuesday, with an aim its industry ship more than 25 million devices …

  • US and World News

    China encourages administrative bodies to tap idle state assets

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    BEIJING (Reuters) – China’s finance ministry encourages administrative bodies to revitalise idle state-owned assets, including by market-based leasing or selling those assets as some were poorly managed, said a notice …

  • US and World News

    China, HK stocks rebound sharply on unverified social media posts over COVID easing

    by Reuters November 1, 2022
    by Reuters November 1, 2022

    SHANGHAI (Reuters) – Hong Kong and China stocks jumped on Tuesday after rumours based on an unverified note circulating on social media that China was planning a reopening from strict …

  • US and World News

    Japan Oct factory growth hits 21-month low as China conditions worsen -PMI

    by Reuters October 31, 2022
    by Reuters October 31, 2022

    TOKYO (Reuters) – Japan’s manufacturing activity grew at its slowest pace in 21 months in October on marked declines in output and overall new orders, as exports were partly hurt …

  • US and World News

    Credit Suisse plans to push ahead with China expansion after overhaul

    by Reuters October 31, 2022
    by Reuters October 31, 2022

    By Selena Li HONG KONG (Reuters) – Credit Suisse is forging ahead with expansion in China, with the country and Hong Kong set to see strongest pace of headcount growth …

  • US and World News

    EU industry chief issues China warning ahead of Scholz’s Beijing visit

    by Reuters October 31, 2022
    by Reuters October 31, 2022

    By Michel Rose PARIS (Reuters) – The European Union’s industry chief said on Monday that European governments and companies must realise China is a rival to the EU and they …

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