China

SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it …

SHANGHAI – China’s banking and insurance regulator on Friday published draft rules regulating internal control and management at wealth management companies. Such rules included that wealth management companies should not …

FURCHTGOTT-ROTH: It’s Time To Fix Our China Supply Chain — Before It’s Too Late Diana Furchtgott-Roth on April 28, 2022 As if exports of COVID-19 were not enough, China is …

China Buddies Up To Major American Foe With New Military Agreement Philip Lenczycki on April 28, 2022 China and Iran agreed to strengthen military ties during talks in Tehran on …

BEIJING – China’s Commerce Ministry said on Thursday that if Washington cut tariffs on Chinese goods, it would be in the interests of U.S. firms and consumers. Gao Feng, ministry …

PARIS – French spirits maker Pernod Ricard expects the coming weeks in China to remain difficult amid restrictions tied to the COVID-19 crisis in the country, its Chief Financial Officer …

HONG KONG – UBS Group’s China country head David Chin has stepped down from the role but will remain the bank’s head of investment banking for Asia Pacific, according to …

HONG KONG – Embattled China Evergrande Group is targeting sales of 1 billion yuan ($152.26 million) during China’s Golden Week holiday, a person with knowledge of the matter said, as …

‘COVID Will Look Like Chump Change’: Experts Lay Out What’s At Stake If China Invades Taiwan Samantha Renck on April 27, 2022 A potential Chinese invasion of Taiwan would be …

BEIJING – China will promote the development of its platform economy to create more jobs, the State Council, the country’s cabinet, said on Wednesday according to state TV. China will …

BEIJING – China’s first-quarter retail sales lagged in key coastal economic regions with areas hit by COVID-19 outbreaks showing particular weakness, according to regional data, pointing to further sluggishness in …

HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said its creditors have approved a six-month extension of a 574 million yuan ($88 million) coupon …

SHANGHAI – China’s securities regulator nudged mutual funds to develop fund products for private pensions and asked them to stabilise markets, as Chinese equities witness a downturn that has pushed …

CHANG: Biden Administration Is Handing Space To China On A Silver Platter Gordon G. Chang on April 26, 2022 “The destruction of space objects through direct-ascent ASAT missile testing is …

By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International …

BEIJING – China will step up infrastructure construction to boost domestic demand and drive economic growth going forward, state TV reported on Tuesday, citing a top economics meeting chaired by …

NEW YORK – The prospect of tighter financial conditions due to the war in Europe and a more hawkish Federal Reserve, alongside concern over a deceleration in China’s growth, are …

By Koustav Samanta (Reuters) – Global airline capacity has surged to its highest level in 2022 this week because of a rebound in Chinese domestic demand despite extended lockdowns in …

NEW DELHI – U.S. electric vehicle maker Tesla Inc is welcome to set up shop in India, make cars there for sale and export them, but must not import cars …

By Jihoon Lee SEOUL -South Korea’s economic growth nearly halved in the first quarter from the preceding three months on coronavirus curbs and surging inflation, while a slowing Chinese economy …

White House Press Secretary Jen Psaki walks out of the White House briefing room as a reporter asks her about President Biden’s status on working with China to determine the …

China Bans Its Own National Anthem As Anger Over Lockdowns Rises Philip Lenczycki on April 25, 2022 China’s censors banned social media posts featuring the communist country’s national anthem after …

By Gavin Maguire, Muyu Xu and Xie Yu (Reuters) – A wave of COVID-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying …

Americans Support Trump’s China Tariffs. So Why Are GOP Senators Trying To Tear Them Down? Sebastian Hughes on April 22, 2022 Polling indicates Americans want to continue retaliating against China …

By Juliette Portala (Reuters) -EssilorLuxottica’s shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company’s overall better-than-expected first-quarter sales. The group, which makes sunglasses …