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E-ZPass: New Jersey Turnpike Authority Faces Backlash After Dropping Local Firm for Foreign Entity with Alleged Ties to China’s Communist Party
Trenton, NJ – March 14, 2025 – A storm of controversy has erupted in New Jersey over the New Jersey Turnpike Authority’s decision to award a lucrative $1.73 billion contract to operate…
China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture or acquisition, the Financial Times reported on Sunday. BYD met Sigma Chief…
China’s Dec new yuan loans seen higher, hitting record in 2023: Reuters poll
BEIJING (Reuters) – New bank loans in China likely rose in December, bringing 2023 lending to a new record high, a Reuters poll showed, as the central bank keeps policy accommodative to…
Nvidia expands its reach in China’s EV sector
By Joseph White DETROIT (Reuters) – Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. chip maker’s determination to expand…
China’s COSCO halts shipping to Israel -Israeli media
JERUSALEM (Reuters) – Chinese shipping firm COSCO has suspended shipping to Israel, Israeli financial news website Globes reported on Sunday. The report, which did not include details behind the decision, came as…
China’s yuan eases against the dollar on widening yield differential
SHANGHAI (Reuters) – China’s yuan eased against the dollar on Friday, as a widening yield spread and balance sheet policy divergences between the U.S. and China remained short-term headwinds for the yuan.…
China’s Dec services activity expands at quickest pace in 5 months – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at the fastest pace in five months thanks to a solid rise in new business, a private-sector survey showed on Thursday, lifting the degree of…
China’s BYD to give dealers 2 billion yuan for hitting sales target -sources
SHANGHAI (Reuters) – BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling billions of yuan to its Chinese dealers,…
China’s state-owned developers dominate sales, land markets in 2023 – surveys
HONG KONG (Reuters) – China’s property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more private firms got embroiled…
China’s home sales during New Year holiday fall 26% compared with 2023
BEIJING (Reuters) – China’s average daily home sales during the three-day New Year holiday in 40 cities, based on floor area, fell 26% compared with the same period last year, a survey…
China’s yuan down on first trading day of 2024, policy easing eyed
SHANGHAI (Reuters) – China’s yuan eased against the dollar on the first trading day of the year on Tuesday, pressured by rising bets of monetary easing after factory activity reinforced the uneven…
China’s Li Auto expects to launch first fully electric EV in March
(Reuters) – China’s Li Auto Inc said on Sunday it expects to launch and begin deliveries of its first fully electric car in March. Li Auto has already started taking pre-orders in…
Final bodies found after China’s most serious earthquake in a decade
BEIJING (Reuters) – The bodies of the two remaining people missing in the aftermath of China’s most serious earthquake in nearly a decade were found on Sunday, a tragedy that has renewed…
China’s central bank agrees Ant Group’s Alipay has no controller
BEIJING (Reuters) – China’s central bank has agreed that popular payment app Alipay has no controller following a sweeping business overhaul of Jack Ma’s Ant Group, the fintech giant that owns the…
China’s central bank to step up policy adjustments, drive price rises
BEIJING (Reuters) -China’s central bank said on Thursday it would step up macroeconomic policy adjustments to support the economy and promote a rebound in prices, amid signs of rising deflationary pressures. The…
China’s military lashes out at US after breakthrough talks
By Laurie Chen BEIJING (Reuters) – China’s defence ministry lashed out at the United States on Thursday, a week after their top military officials resumed high-level talks, criticising its continued meddling in…
China’s Nio launches flagship EV to take on Maybach, Panamera
XIAN (Reuters) – Chinese electric car maker Nio on Saturday unveiled a flagship model featuring self-developed technologies including semiconductors, betting they would help prop up earnings, as a bruising price war and…
China’s Geely warns Red Sea attacks to delay Europe-bound EV shipments
SHANGHAI (Reuters) – Chinese automaker Geely warned on Friday its EV sales are likely to be impacted by a delay in deliveries due to the “situation” in the Red Sea, where Yemeni…
China’s 2024 steel demand to fall 1.7%, exports to slow – state researcher
BEIJING (Reuters) – China’s steel demand in 2023 will decline by 3.3% from 2022 and contract a further 1.7% in 2024, a state researcher forecast on Friday, weighed down by a significant…
In China’s eyes we’re all separatists, Taiwan presidential frontrunner says
By Ben Blanchard and Angie Teo TAIPEI (Reuters) – In China’s eyes all three Taiwan presidential candidates are separatists, the frontrunner to be the island’s next leader said on Wednesday in a…
China’s exports to North Korea return to growth in November
BEIJING (Reuters) – China’s exports to North Korea swung back to growth in November from a decline in the previous month, Chinese customs data showed on Wednesday, as Pyongyang reopens its economy…
China’s Nio to get $2.2 billion investment from Abu Dhabi’s CYVN
SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu Dhabi, the Chinese company said on Monday.…
China’s central bank set to boost liquidity injection but keep key rate unchanged
SHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters…
Why the Indian Ocean could be China’s Achilles’ heel in a Taiwan war
By Greg Torode HONG KONG (Reuters) – Every day, nearly 60 fully loaded very large crude-oil carriers sail between the Persian Gulf and Chinese ports, carrying about half of the oil that…
China’s GAC Group to set up investment fund of $4.18 billion
HONG KONG (Reuters) – China’s GAC Group signed agreement on Wednesday with partners to set up an investment fund which aims to strengthen its business development in the new energy vehicle industry.…
Developing Asia to end 2023 on brighter note as China’s economy recovers – ADB
MANILA (Reuters) – Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously…
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