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BUSINESSJul 22Nike overhauls China strategy with plans to cut thousands of online sellersSeeking Alpha Tech
BUSINESSJul 22Foreign carmakers lose more traction in China as luxury stronghold erodesInternational luxury car brands from Mercedes-Benz to Land Rover took a further beating in China last month as wealthy consumers continued to shun expensive petrol-powered vehicles. Struggling against competition from China’s rising electric vehicle (EV) powerhouses, international marques would find it more difficult to retain their market share and maintain profitability in the world’s largest automotive market, analysts said. According to data from the China Passenger Car Association (CPCA),...South China Morning Post
BUSINESSJul 22China Next Move Could Decide Where Oil Prices Go This YearChina's upcoming actions are anticipated to be a decisive factor in determining the trajectory of global oil prices this year. This highlights China's significant influence on the international energy market.oilprice.com · United States
BUSINESSJul 22China dynamic expansion opportunitiesChina is presenting opportunities for dynamic expansion in its economic landscape. This indicates potential for growth and investment within the Chinese market.europe.chinadaily.com.cn · China
BUSINESSJul 22China Launches 96 Billion Yuan Bailout To Stop The 10 Trillion Market Wipeoutchiangraitimes.com · Thailand
BUSINESSJul 22China industrial upgrades accelerate as new growth drivers gain strengthChina is experiencing an acceleration in industrial upgrades driven by strengthening new economic growth drivers. This suggests positive momentum in the nation's economic and manufacturing sectors.china.org.cn · China
BUSINESSJul 22China Merchants Securities drops South Korea ETF as Seoul stock volatility spills overA leading Chinese brokerage house has ended market making for the mainland’s only South Korea-focused exchange-traded fund (ETF), as Beijing steps up efforts to stabilise its capital markets and protect retail investors amid volatility in its East Asian neighbour’s stock market. Shenzhen-headquartered China Merchants Securities withdrew as a liquidity provider for the Huatai-PineBridge China-Korea Semiconductor ETF barely a month after assuming the role on June 17, according to Shanghai Stock...South China Morning Post
BUSINESSJul 22Opinion | China stock market intervention is a confidence boosterAn opinion piece suggests that China's stock market intervention acts as a confidence booster. This implies that government action aims to stabilize and improve investor sentiment in the market.scmp.com · China
BUSINESSJul 22Nike to cut off thousands of online distributors in China, restructure digital footprintNike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.CNBC
BUSINESSJul 21Imports hit by new tariffs are down 23%, with China posting the steepest lossesNew tariffs imposed in January, affecting over 1,400 product categories, have slashed those imports from US $15.4 billion to $11.8 billion. Overall imports from Asia, however, are up. The post Imports hit by new tariffs are down 23%, with China posting the steepest losses appeared first on Mexico News DailyMexico News Daily
BUSINESSJul 21China’s policy playbook took its EV sector from zero to hero – can other countries follow?China’s electric vehicle (EV) industry sits at the centre of numerous economic and geopolitical trends: consumer spending, environmental protection, trade policy, high-end manufacturing, technology and more. In this short series, we assess the current state of the sector within these broader contexts. Here, Yeon Woo Lee asks whether Beijing has written a blueprint for developing countries to kick-start their own contenders in the field. Emerging markets once seemed like also-rans in the global...South China Morning Post
BUSINESSJul 21Why China is rapidly expanding its land trade routes to Central AsiaOver the past year, China’s Belt and Road Initiative has seen rapid development in Central Asia. This has been evidenced by the launch of several railway and road routes connecting China’s industrial and economic centres to logistics hubs in Uzbekistan, Turkmenistan and Tajikistan. China’s improved transport to the region reflects two interrelated trends: growing trade momentum and Central Asia’s strengthening position in continental logistics. Last year, China became the largest trading partner...South China Morning Post
BUSINESSJul 21Honda extends GAC partnership in China despite recent strugglesHonda has extended its GAC partnership in China despite recent struggles in the market. This signifies a continued strategic collaboration in the automotive sector.Seeking Alpha Tech
BUSINESSJul 21Schindler Q2 sales miss expectations as weak China market dragsSchindler's Q2 sales did not meet expectations, attributed to a weak market performance in China.economictimes.indiatimes.com · India
BUSINESSJul 21As Iran war drags on, China keeps tight grip on fuel exports despite eased curbsWhile Beijing has lifted refined fuel export restrictions this month amid elevated global oil prices and ample national reserves, it has also introduced compliance requirements for refiners – a cautious pivot aimed at safeguarding domestic stockpiles, according to three sources with knowledge of the matter. “With the interim truce between Washington and Tehran having collapsed, Beijing has adopted a more cautious stance on easing curbs for fuel exports,” a person familiar with the matter said in...South China Morning Post
BUSINESSJul 21Iron ore wrap : Vale slips as China demand stays softVale's performance in the iron ore market has slipped due to soft demand from China. This report details current trends in the global commodities market.riotimesonline.com · Brazil
BUSINESSJul 20Brazil widens lead in China’s soybean market as US shipments fall despite Trump-Xi dealChina imported 12.08 million tonnes of Brazilian soybeans in June, up 13.7 per cent from a year earlier, while volumes from the United States fell 20.6 per cent to 1.27 million tonnes, far off the pace implied by the purchasing deal agreed by Presidents Donald Trump and Xi Jinping, according to figures released on Monday by China’s General Administration of Customs. Total arrivals of the oilseed reached 13.55 million tonnes, a record for the month, lifted by Brazilian supply and by the clearing...South China Morning Post
BUSINESSJul 20China won’t waste its reserves to cushion oil price impact of Iran warSouth China Morning Post
BUSINESSJul 20US - China Trade War Puts Latin America Minerals at CentreThe ongoing trade dispute between the US and China is elevating the importance of Latin American minerals. This highlights a shift in global resource dynamics driven by international trade tensions.riotimesonline.com · Brazil
BUSINESSJul 20Europa carga también contra China y multa a AliExpress con 550 millones de eurosLa Comisión Europea asegura que la empresa no ha sido lo suficientemente diligente y no ha mitigado los riesgos de que en su plataforma se vendan productos ilegales, inseguros y truchos, que terminan llegando a su mercado.Y explicó que la multa impuesta se calculó teniendo en cuenta la naturaleza de las violaciones legales, la cantidad de usuarios europeos afectados y la duración de esas violaciones.Clarín
BUSINESSJul 20EDITORIAL : China economic uncertaintyThis editorial discusses economic uncertainty currently present in China. This is an important topic for understanding global economic trends.taipeitimes.com · Taiwan
BUSINESSJul 20Can Europe win a trade war with China? It may depend on how victory is definedAs trade tensions with China reach boiling point, EU officials are ramping up engagement with Beijing in search of an off-ramp. Quietly behind the scenes, though, Europe is preparing for a trade war. In Brussels, a steely determination has set in to ensure the bloc’s manufacturing heartlands are not deindustrialised by the “China Shock 2.0”. With some industries already haemorrhaging jobs, the EU’s resilience-building and de-risking plans are now laced with deterrents as Brussels looks to...South China Morning Post
BUSINESSJul 20Kandi's subsidiary China Battery Exchange secures 18-station procurement order from Contemporary Amperex TechnologyKandi's subsidiary, China Battery Exchange, has secured an 18-station procurement order from Contemporary Amperex Technology. This represents a significant business deal in the battery sector.Seeking Alpha Tech
BUSINESSJul 20China’s EV industry rose with the aid of tax breaks. What happens when they end?As China is ending tax exemptions that helped fuel the rise of its electric-vehicle (EV) and solar industries, analysts said it could add to the cost of producing an EV and put pressure on manufacturers, as Beijing steps up efforts to curb overcapacity and price wars. The levy could add about 1,000 yuan (US$147) to the cost of producing an EV, analysts estimated – a modest increase per car, but a fresh squeeze on carmakers’ already razor-thin margins. China will levy a consumption tax on...South China Morning Post
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