Tags: China

Germany To Create New Tax Incentives For Electric Car Purchases

China Retaliates Against Pro-Tariff EU Nations by Urging EV Makers to Pause Investment

Chinese automakers receive a caution from Bejing to delay its investments in EU nations that supported high tariffs on China-made EVs.


Founder of TikTok's Parent Company Becomes China's Richest With $49.3 Billion Fortune

Zhang Yiming, founder of ByteDance, has become China's richest person with a net worth of $49.3 billion, surpassing former top spot holder Zhong Shanshan of Nongfu Spring.

China Set to Introduce $283 Billion Stimulus This Weekend to Boost Consumer Spending and Provide Local Debt Relief

Investors are hopeful that China will announce a fiscal stimulus package of up to $283 billion to boost economic recovery and reduce reliance on debt-driven growth.

China Detains Foxconn Workers in Shocking Twist – Apple's iPhone Empire Caught in Political Storm

Amid tensions between China and Taiwan, the former detained four Taiwanese employees working at Foxconn. Will this affect Apple's dependence on Beijing?


Latest News

China Cuts Off Trade with US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
Joe Biden's Meeting With Xi Jinping Could Reduce Uncertainty for US-China Businesses, Analysts Say
A proposed U.S. bill, HKETO, could lead to the shutdown of Hong Kong's trade offices if they are deemed too influenced by China, drawing strong objections from Beijing.
Saudi Oil Giant Aramco to Strengthen Ties with China in Petrochemicals and Low-Carbon Solutions
Saudi Aramco is expanding its partnership with China by investing in petrochemicals and low-carbon technologies, aligning with China's energy security and sustainability goals.
China to Limit Exports of Antimony Used in Batteries and Weapons to Protect National Security
China will restrict antimony exports starting September 15, requiring licenses to safeguard national security and meet non-proliferation commitments.
China’s Drug Industry Warns National Security Risk Associated with Rising Foreign Takeovers
Foreign acquisitions of Chinese pharmaceutical companies have raised national security concerns, as industry experts worry about the potential impact on China's healthcare sector and access to essential medicines.
Uniqlo and Nike Struggle in China as Shoppers Choose Cheaper Options
Due to economic challenges, Uniqlo, Nike, and other global apparel brands are struggling in China as consumers increasingly choose affordable, unbranded alternatives.
China Sets New Rules to Help Veterans Find Jobs and Start Businesses Easily
China's new laws, effective September 1, will ease hiring criteria for veterans, provide job preferences, and support entrepreneurship, vocational training, and higher education to improve their transition to civilian life.
China to Develop Home-Grown AI Solutions Using Supercomputers to Counter US Sanctions
China is turning to supercomputing to boost its AI capabilities in response to U.S. sanctions on advanced semiconductors and GPUs, which are crucial for developing large language models (LLMs).
US to Announce Additional $500 Million Defense Boost to Philippines
US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin are in Manila this week to announce a $500 million defense funding to help the Philippines in its deterrence against China.
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
Chinese President Xi Jinping and Italian Prime Minister Giorgia Melon signed a new trade agreement, citing the history of the Silk Road Route despite Italy's exit from the Belt and Road Initiative.
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