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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…
Tricky politics on menu for China’s Xi at US business dinner
By Michael Martina SAN FRANCISCO (Reuters) – Top business leaders in the United States are expected to dine with Chinese President Xi Jinping in San Francisco on Wednesday as he seeks to…
Here’s What China’s Foray Into The Middle East Could Mean For Taiwan
Here’s What China’s Foray Into The Middle East Could Mean For Taiwan Jake Smith on November 12, 2023 China is building a new military base in Oman, which will complement its logistics…
China’s Gotion High Tech: US IRA unlikely to deter firms from going abroad
SHANGHAI (Reuters) – Measures such as the U.S. Inflation Reduction Act are unlikely to stop firms from going abroad, as companies thrive through competition and not through regulation or subsidies, the chairman…
Republicans demand Biden challenge China’s Xi on fentanyl, prisoners
By Michael Martina WASHINGTON (Reuters) – Republicans in the U.S. Congress urged President Joe Biden to make demands of China’s leader Xi Jinping over detained Americans and other issues when they meet…
China’s Nov new yuan loans seen retreating, policy support in place: Reuters poll
BEIJING (Reuters) – China’s new yuan loans are expected to dip in October from the previous month because of seasonal factors, a Reuters poll showed, but the expected lending may exceed the…
China’s CICC sees opportunity in Brazil, possible office
By Megan Davies and Echo Wang NEW YORK (Reuters) – Securities firm China International Capital Corp sees increased opportunities in Brazil for cross-border deals and may consider opening an office in the…
China’s clashing priorities behind rare money market distress
SHANGHAI/SINGAPORE (Reuters) -China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, sources involved say, pointing to the pressure behind the scenes as Beijing tries to…
China’s trade slump likely eased further in October: Reuters poll
By Joe Cash BEIJING (Reuters) – China’s exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to signs that the economy is stabilising even…
China’s services activity picks up slightly in Oct – Caixin PMI
BEIJING (Reuters) – China’s services activity expanded at a slightly faster pace in October, a private-sector survey showed on Friday, with sales growing at the softest rate in 10 months and employment…
Micro stocks shine in China’s flagging share market
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – China’s annus horribilis has seen its stock markets fall, funds run up losses and foreign investors run for the exit. But areas…
Berkshire Hathaway sells $25.8 million worth of shares in China’s BYD
HONG KONG (Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 820,500 Hong Kong-listed shares of electric vehicle maker BYD Co for HK$201.73 million ($25.78 million), a stock…
Buyers return to China’s largest trade fair but orders still elusive
By David Kirton GUANGZHOU (Reuters) – Foreign buyers returned in force for the autumn round of the world’s largest trade show, heading towards pre-COVID numbers, but Chinese sellers said orders remain low…
How China’s New Rule on Graphite Could Dampen Murphy’s Goal to Electrify New Jersey Highways
TRENTON, NJ – New Jersey Governor Phil Murphy wants to create a society where every citizen of the Garden State drives an electric vehicle. In fact, in 2035, it will be illegal…
Founder of discount e-shopping firm PDD races up China’s rich list
By Casey Hall SHANGHAI (Reuters) – The founder of PDD Holdings saw his wealth swell by $13.8 billion in a year, as a slowing global economy drove more shoppers to the Chinese…
China’s Great Wall Motor is first EV maker to respond to EU anti-subsidy probe
SHANGHAI (Reuters) – China’s Great Wall Motor said it had formally submitted responses to the European Commission’s anti-subsidy investigation of Chinese-made electric vehicles (EVs), while calling for a fair and open trade…
Bain Capital forms $250 million industrial property JV with China’s DNE Group
BEIJING/SYDNEY (Reuters) – Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250 million equity commitment, as the U.S.…
China’s troubled property sector to face more debt defaults
By Xie Yu HONG KONG (Reuters) – More debt defaults are likely to emerge in China’s property sector as troubled developers struggle with a weak home sales outlook, while fund raising remains…
China’s falling property sales, investment weigh on recovery
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s property sales and investment posted double-digit declines as efforts to support big cities failed to bolster confidence in an industry struggling to…
China’s Q3 GDP seen slowing as Beijing races to revive growth
By Kevin Yao BEIJING (Reuters) – China’s economy likely slowed in the third quarter, data is expected to show on Wednesday, weighed by persistently weak demand, although increased stimulus has improved the…
China’s Xi wants to expand cooperation with Indonesia in several key markets
BEIJING (Reuters) – China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy vehicles, President Xi Jinping said on Tuesday.…
China’s Xi seeks to promote stronger ties with ‘ironclad friend’ Serbia
BEIJING (Reuters) – China’s President Xi Jinping on Tuesday met Serbian President Aleksandar Vucic in Beijing, calling the country an “ironclad friend” and urging stronger strategic coordination between them. Xi held talks…
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture and future…
China’s Sept new bank lending jumps less than expected
BEIJING (Reuters) – China’s new bank loans came in softer than expected in September, figures from the central bank showed on Friday, even as it strives to bolster a shaky economic recovery…
China’s export, import growth with Russia quickens in September
BEIJING (Reuters) – The growth of China’s exports and imports with Russia on a year-on-year basis quickened in September from August, China’s customs data showed on Friday, as it urged deeper trade…
Instant view: China’s soybean and copper imports fall on year, crude oil up
(Reuters) – China’s exports and imports shrank at a slower pace for a second month in September, customs data showed on Friday, adding to the recent signs of a gradual stabilisation in…
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