BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on Thursday. “Germany …
China
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- Financial News
China summer railway travel expected to rebound as COVID curbs ease
by Reutersby ReutersBEIJING – As China loosens its months-long COVID-19 curbs, railway travel is expected to see an uptick in passengers just in time for the summer transport season, which starts on …
- Financial News
China needs to keep options to cut RRR, rates while waiting for bounce, says ex-regulator
by Reutersby ReutersSHANGHAI – China’s central bank needs to keep cuts to interest rates and banks’ reserve requirement ratio among its policy options while waiting for the economy to bounce back, a …
- Financial News
Manulife bids for full control of China fund JV, lured by $3.8 trln mkt -sources
by Reutersby ReutersBy Selena Li and Samuel Shen HONG KONG/SHANGHAI -Canada’s Manulife Financial Corp moved closer toward taking full control of its funds joint venture in China after regulators there accepted an …
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BEIJING – China will extend tariff exemptions on some imported products from the United States until Feb. 15 next year, the finance ministry said on Wednesday. (Reporting by Beijing newsroom; …
- Financial News
G7 discussions with China, India on Russian oil price cap positive -source
by Reutersby ReutersBy David Lawder WASHINGTON – Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a …
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BEIJING – China will roll out tools in its policy reserve in a timely way to cope with more economic challenges, as COVID-19 outbreaks and risks from the Ukraine crisis …
- Financial News
China extends anti-dumping tariffs on EU, UK steel fasteners imports
by Reutersby ReutersBEIJING – China’s commerce ministry said on Tuesday it would extend anti-dumping tariffs on certain steel fasteners imported from the European Union and United Kingdom for five years. The anti-dumping …
- Top HeadlinesUS and World News
Coal Use, Especially In China, Is Poised To Wipe Out 17 Years Worth Of US Emissions Progress
Coal Use, Especially In China, Is Poised To Wipe Out 17 Years Worth Of US Emissions Progress Jack McEvoy on June 27, 2022 Rising emissions from growing global coal use …
- Top HeadlinesUS and World News
U.S. eyes Biden, Xi meeting in next weeks, sees growing convergence on China
by Reutersby ReutersBy Andrea Shalal SCHLOSS ELMAU, Germany – U.S. President Joe Biden and Chinese President Xi Jinping are expected to speak in the next few weeks, U.S. national security adviser Jake …
- Financial News
China regulator proposes new rules to improve anti-monopoly governance
by Reutersby ReutersBEIJING – China’s market regulator published on Monday draft rules and provisions aimed at improving its ability to govern antitrust behaviour, as the country prepares to implement a revised anti-monopoly …
- Top HeadlinesUS and World News
U.S. confident Nato’s strategy document will be “strong” on China – official
by Reutersby ReutersSCHLOSS ELMAU, Germany – The U.S. is confident that NATO’s new strategy document will include “strong” language on China, a White House official said on Sunday, adding that negotiations on …
- Featured NewsTop HeadlinesUS and World News
Former US Military Pilot Admits He Spied For China, Sold US Secrets
Former US Military Pilot Admits He Spied For China, Sold US Secrets Philip Lenczycki on June 24, 2022 A former U.S. Army helicopter pilot admitted to serving as a paid …
- Financial News
Japan May factory output seen dipping for 2nd month on China lockdown- Reuters poll
by Reutersby ReutersBy Kantaro Komiya TOKYO – Japan’s factory output probably fell in May for a second successive month due to supply chain disruptions caused by strict COVID-19 lockdowns in China, a …
- Department of Justice Press Releases
Former U.S. Military Pilot Admits Acting as Paid Agent of China and Lying on National Security Background Forms
by DOJ Pressby DOJ PressAssistant U. S. Attorneys Fred Sheppard (619) 546-8237 and John Parmley (619) 546-7957 NEWS RELEASE SUMMARY – June 23, 2022 SAN DIEGO – A former U.S. Army helicopter pilot-turned-civilian-contractor pleaded …
- Financial News
China commerce ministry says the sooner U.S. tariffs are lifted, the sooner consumers will benefit
by Reutersby ReutersBEIJING – China’s commerce ministry said the sooner U.S. tariffs on Chinese goods are lifted, the sooner consumers and companies will benefit, ministry spokesperson Shu Jueting told a news conference …
- Financial News
Japan’s June factory activity growth eases on China curbs – flash PMI
by Reutersby ReutersTOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high …
- Financial News
China considers extending purchase tax exemption for new energy vehicles
by Reutersby ReutersBEIJING – China will step up support for automobile consumption and expects vehicle and auto-related consumption to increase by about 200 billion yuan in 2022, state media reported, citing a …
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By Josh Ye HONG KONG – Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead of its official launch, a …
- Top HeadlinesUS and World News
China says it tested missile-interception system
by Reutersby ReutersSHANGHAI – China has carried out a land-based missile interception test that “achieved its expected purpose”, the Defence Ministry said, describing it as defensive and not aimed at any country. …
- Financial News
Biden deciding on China tariffs, says he will speak with Xi soon
by Reutersby ReutersREHOBOTH BEACH, Delaware – President Joe Biden said on Saturday he was in the process of making up his mind on easing U.S. tariffs on China and planned to speak …
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China Launches Largest Aircraft Carrier Asia Has Ever Built
China Launches Largest Aircraft Carrier Asia Has Ever Built Philip Lenczycki on June 17, 2022 China’s People’s Liberation Army (PLA) Navy reportedly launched Asia’s largest aircraft carrier to date on …
- Financial News
Exclusive: China firms in advanced talks with Qatar for gas field stakes, LNG offtake – sources
by Reutersby ReutersBy Chen Aizhu SINGAPORE – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world’s largest liquefied natural gas …
- Financial News
China likely to keep lending benchmark LPR unchanged amid global central bank tightening
by Reutersby ReutersSHANGHAI – About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank …
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SHANGHAI – Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed on Friday. The price for the Long Range version of …