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BUSINESSAug 3Matson projects Q3 ocean transportation operating income to be about 45% higher year over year, supported by near-capacity China serviceMatson projects a significant increase in its Q3 ocean transportation operating income compared to the previous year. This growth is attributed to strong demand and near-capacity service for China routes.Seeking Alpha Tech
BUSINESSAug 3US companies cut reliance on China for critical minerals in weaponsUS companies are reducing their dependence on China for critical minerals essential for weapons production, signaling a strategic supply chain shift.baltimoresun.com · United States
BUSINESSAug 3After Blockbuster IPO , China Memory Giant CXMT Plans Second Chip Plant In BeijingChinese memory manufacturer CXMT is planning a second chip plant in Beijing following a successful IPO. This indicates significant expansion in the technology and manufacturing sector.zerohedge.com · United States
BUSINESSAug 3Semiconductor stocks sink over fears of increased competition from ChinaYahoo Finance
BUSINESSAug 3Japan Nissan sees profit for latest quarter but warns of Middle East and China woesNissan in Japan reported a profit for its recent quarter but issued warnings about challenges in the Middle East and China. This indicates the company's current financial performance and its concerns about future market conditions.sitkasentinel.com · United States
BUSINESSAug 3CXMT plans second Beijing DRAM plant as China boosts chip capacity - reportSeeking Alpha Tech
BUSINESSAug 3China acknowledges ‘temperature gap’ between tech boom and traditional slumpA top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China’s booming AI sector and its struggling traditional industries. And while arguing that this divergence was not unique to China, the Qiushi Journal stressed that rapid technological advances must not leave ordinary citizens behind. In a commentary published on its website on Sunday, the journal conceded that there was an obvious “gap in temperature” in the world’s second-largest...South China Morning Post
BUSINESSAug 3China's July manufacturing PMI drops to 4-month low of 50.9, missing forecastsChina's manufacturing Purchasing Managers' Index (PMI) for July fell to 50.9, representing a four-month low and missing forecasts. This indicates a notable decline in the country's manufacturing activity.Seeking Alpha Tech
BUSINESSAug 3China made Germany car giants . Now it helping break them . - Governor Wind Energy CoalitionChina, which previously supported German car manufacturers, is now contributing to their decline. This statement comes from the Governor Wind Energy Coalition, highlighting a shift in international economic dynamics.governorswindenergycoalition.org · United States
BUSINESSAug 3China cotton association opposes U . S . suppression of firms over forced labor claims _ Guangming OnlineThe China cotton association has expressed opposition to U.S. actions against firms over forced labor claims. This highlights an ongoing international dispute concerning trade and human rights.en.gmw.cn
BUSINESSAug 3China Economic Surge : A Testament to Stability and InnovationChina's economy is experiencing a surge attributed to stability and innovation. This highlights positive economic growth and development within the nation.alwihdainfo.com · China
BUSINESSAug 3Will new batteries give China’s EVs the jolt they need to charge past their rivals?On a cloudy evening in late April, a tech event hosted at Beijing’s National Convention Centre by Contemporary Amperex Technology Ltd (CATL) drew nearly 1,000 people eager for a glimpse of next-generation electric vehicle (EV) batteries that could reshape the global automotive landscape. Gao Huan, chief technology officer for the auto business at CATL, the world’s largest producer of EV batteries, exuded confidence while promoting the new Shenxing product series. According to the company, its...South China Morning Post
BUSINESSAug 2Price war fears grip China’s EV market after woeful July sales figuresThe bearish sentiment surrounding China’s electric vehicle (EV) sector has intensified after three premium carmakers reported weak sales for July, further heightening concerns that the market is heading for another brutal price war. EV makers Xpeng, Nio and Li Auto all reported month-on-month sales declines last month, as demand for intelligent cars weakened amid an economic slowdown in mainland China. Xpeng delivered 38,027 vehicles to customers in July, down 5.2 per cent from June, as the...South China Morning Post
BUSINESSAug 2US beats China on Africa data centers and AI infrastructure dealsThe United States has surpassed China in securing deals for data centers and AI infrastructure in Africa, indicating a shift in technological and economic influence.foxnews.com · United States
BUSINESSAug 2China sees flurry of commercial property deals as investors sniff out bargainsChina is experiencing a surge in commercial property deals as investors seek out bargains in the market. This indicates a notable trend in the Chinese real estate investment sector.scmp.com · China
BUSINESSAug 2Historic Silk Route Back in Business : India Reopens Shipki La Trade Corridor With ChinaIndia has reopened the Shipki La trade corridor with China, reactivating a historic Silk Route. This development signifies a resumption of trade along this important route.jagranjosh.com · India
BUSINESSAug 2Is Turkey putting pressure on China in Africa’s infrastructure market?Two years after Kenya’s deal with India’s Adani Group to modernise Jomo Kenyatta International Airport collapsed, the state-owned China Road and Bridge Corporation (CRBC) has won a US$1.2 billion contract to do just that. The same pattern played out when France’s Vinci lost a major highway deal in Kenya and CRBC took over as developer alongside another Chinese firm. Under the original 30-year concession, the national government would bear all the risk in the deal, raising public cost...South China Morning Post
BUSINESSAug 1China’s next export is the world’s factory itselfChina’s export boom is reaching its limits. The country’s next phase of growth will come not from shipping more goods abroad, but from exporting its factories, technologies and brands. China is running up against the limits of its old model. It is obvious as the economy looks increasingly K-shaped. Weak consumer confidence and a prolonged property slump continue to sap domestic demand, forcing manufacturers to rely ever more heavily on overseas markets. Exports have become the Chinese economy’s...South China Morning Post
BUSINESSAug 1India - China border trade resumes through Shipki La after six - year gapBorder trade between India and China has resumed through Shipki La after a six-year hiatus. This signifies a potentially positive development in economic relations between the two countries.thehindubusinessline.com · India
BUSINESSAug 1Musk Denies Report That Tesla Is Weighing a Sale of Its China Business Ahead of a SpaceX Merger DealElon Musk has denied reports suggesting Tesla is considering selling its China business prior to a potential merger deal with SpaceX. This addresses significant speculation about the future strategies of major companies.ibtimes.com.au · Australia
BUSINESSAug 1China Factory Activity Shrinks in July , PMI Falls to 49 . 2China's factory activity declined in July, with the Purchasing Managers' Index (PMI) falling to 49.2. This indicates a contraction in manufacturing, which could impact the broader economy.newkerala.com · India
BUSINESSAug 1Humanoid Robots : Trump Latest China Trade Battle ? The article raises a question about whether humanoid robots will become a new point of contention in trade discussions between the Trump administration and China.en.tempo.co
BUSINESSAug 1Nathu La border trade resumes : India - China trade route reopens after six - year hiatusThe Nathu La border trade route between India and China has reopened after a six-year hiatus. This resumption of trade will facilitate economic activity between the two nations.moneycontrol.com · India
BUSINESSAug 1India and China revive Himalayan trade at high-altitude passHigh in the eastern Himalayas, where yak caravans once carried silk and salt between empires, a border crossing closed by suspicion six years ago is stirring back to life. The Nathu La Pass, a remote border trading post connecting India’s Sikkim state with China’s Tibet region at 4,310 metres (14,140 feet) above sea level, reopened to commerce on Saturday for the first time since 2020. For the roughly 600 registered traders in Sikkim who used to depend on this ancient route, the reopening means...South China Morning Post
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