The European Union and China are to celebrate the 50th anniversary of the establishment of bilateral diplomatic relations in Beijing, as many contentious issues dampen the festive mood. European Commission President Ursula von der Leyen and European Council President António Costa are to meet Chinese President Xi Jinping and Prime Minister Li Qiang on Thursday…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tesla Inc. (NASDAQ:TSLA) has faced declines in deliveries in many European regions, which could be attributed to weaker demand for electric vehicles, calls for boycotts over CEO Elon Musk’s political views, or increased competition from other companies in the region. While many…
Chinese Foreign Minister Wang Yi has downplayed EU concerns over restrictions on rare earth exports and offered assurances that the needs of European companies will be met if they adhere to proper application procedures. Controlling dual-use goods was a sovereign right and an international responsibility for all nations, Wang said during a news conference with…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s economy grows 5.4% in first quarter ahead of full-blown US trade war China’s economy beat expectations to expand by 5.4 per cent in the first quarter, keeping it…
Executives of those companies scoff at all this. Many say they now struggle to justify investing in the country and talk instead of cutting staff. In a recent survey by the American Chamber of Commerce in Shanghai, less than half of respondents said they were optimistic about the prospects for their business in China over…