HONG KONG — A film mainly shot in funeral parlors and morgues has broken box office records — and taboos — in Hong Kong, surprising even its own stars and demonstrating that the local film industry is down but not out. Once a powerhouse of Asian cinema, dazzling the world with kung fu epics and…
NEW YORK/TAIPEI — The U.S. added 140 companies including Chinese semiconductor toolmaking and software firms to a trade restriction list on Monday in one of the biggest efforts to curtail Chinese advances in the high-tech sector. The targets include Semiconductor Manufacturing International Corp. and Huawei-linked companies. China’s top chipmaking equipment firms, including Beijing Naura, ACM Research and Piotech, also were…
The animals were transferred from the Moscow Zoo to the Pyongyang Central Zoo by plane and were accompanied by veterinarians, according to the statement. “Historically, animals always have played a special role in relations between states,” said Russian Minister of Natural Resources Alexander Kozlov, who oversaw the relocation of the animals. “They have been given as…
After POLITICO reached out to Babiš and his ANO party for comment, his right-hand man, ANO Vice Chair Karel Havlíček, replied that “it’s nonsense” to say the party has moved toward the far right. Dita Charanzová told POLITICO that “it was clear from the developments in the Czech Republic that the ANO movement would push nationalistic…
“The total value of business in China for Finnish companies is estimated to be more than 20 billion euros per year,” a 2023 report from the Finnish Ministry for Foreign Affairs said, which labeled China as “one of our most important trade partners.” “Chinese investments play the largest role in Finland compared to any other…
Volvo Cars is slashing its sales forecast for the year in the face of slowing global demand for its vehicles, an increasingly volatile automotive environment and consumer reluctance to switch to battery-powered cars. Volvo, which makes the all-electric EX90 SUV in Berkeley County, said this week that it expects full-year sales to increase between 7 percent…
Hong Kong Electronics Fair (Autumn Edition) and electronicAsia successfully concluded. The four-day events attracted over 60,000 buyers from 136 countries and regions. The Hong Kong Electronics Fair (Autumn Edition), organized by the Hong Kong Trade Development Council (HKTDC), and electronicAsia, jointly organized by the HKTDC and MMI Asia Pte Ltd, recently concluded their four-day physical…
The European Union is facing an increasing threat of falling behind in the global race for net-zero technologies, particularly as China’s clean tech sector rapidly expands, according to a report by Brussels-based think tank, Strategic Perspectives. Titled ‘The global net-zero industrial race is on. A wake-up call for a powerful Clean Industrial Deal,’ the report…
(Bloomberg) — With markets keen for details on China’s efforts to revive economic growth and end its housing slump, here are five key takeaways from today’s briefing by Chinese Minister of Finance Lan Fo’an and his colleagues. Bloomberg Terminal readers can click here for a full transcript. China will borrow more to raise money and…
(Bloomberg) — Iron ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning. The steelmaking staple advanced almost 3% in Singapore, after surging 18% over the previous two weeks. The briefing will include five senior officials from the…