China News
China will continue to dominate the global clean energy market with its exports of solar panels, wind turbines, batteries, and electric vehicles (EVs) on track to triple in the coming decade, according to an analysis published this week by the International Energy Agency (IEA). The country’s clean technology exports are expected to exceed US$340 billion…
Apple’s sales in Greater China fell by less than 1 per cent in last quarter, a mark of continuing decline for the US tech giant in one of its most important markets, as it tries to woo mainland officials while warding off growing competition. The iPhone maker’s sales in the market – which includes mainland…
Arafura Rare Earths Managing Director & CEO Darryl Cuzzubbo says the Perth-based miner is in a good position in the rare earths market, as companies they engaged with are looking to diversify supply. He speaks with David Ingles and Yvonne Man on “Bloomberg: The China Show.” (Source: Bloomberg) Source link
Citigroup Inc.’s country officer and head of banking for China Luke Lu is departing after being in the role for less than a year. Lu, who was appointedBloomberg Terminal in late January, is leaving for personal reasons and the bank has started the search for his replacement, a Citi spokesperson said in an emailed response…
BEIJING (AP) — Typhoon Kong-rey weakened to a tropical storm overnight and was forecast to bring heavy rain and high winds to Shanghai and other parts of China’s east coast Friday. The storm crossed Taiwan at typhoon strength on Thursday, bringing down trees and causing landslides that covered roads and damaged houses. Two people died…
Ahead of the US presidential election, there are signs Chinese people are growing increasingly disillusioned with Washington, viewing it as no better or worse than other countries. That’s among the insights gathered from Bloomberg’s conversations with more than two dozen people in Shanghai, China’s most outward-looking city. (Source: Bloomberg) Source link
Hi, I’m Rebecca Choong Wilkins in Hong Kong, where — like everyone else — I’m trying to figure out just how much support Chinese President Xi Jinping will roll out for the beleaguered economy. The secret to answering that question might lie with a dissident in Canada and his cat. Source link
(Bloomberg) — China’s manufacturing activity unexpectedly picked up last month despite a weeklong holiday, according to a private survey, a further sign of stabilization after Beijing unleashed a stimulus package to shore up the economy. Most Read from Bloomberg The Caixin manufacturing purchasing managers index rose to 50.3 last month from 49.3 in September, according…
The double crunch could still be avoided but conditions were only to get tougher for Beijing, according to analysts. A top rate of 35.3 per cent will apply to EVs from Chinese-state owned SAIC Motor and its subsidiaries, on top of a baseline 10 per cent duty that applies to all EV imports, which by…
HONG KONG (Reuters) – China’s aircraft carriers Liaoning and Shandong carried out dual aircraft carrier formation exercises for the first time in the South China Sea, the PLA navy said, a move that sets China’s navy up for more diverse and complex missions. China is in disputes with several of its … Source link