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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
BUSINESSJul 20China Fuel Oil Exports Hit 2026 High as Shipping Demand ReboundsChina's fuel oil exports have reached a high point for 2026, driven by a rebound in shipping demand. This indicates significant activity in global energy markets and international trade.oilprice.com · United States
BUSINESSJul 20China quant rout drags down DeepSeek founder’s fund by 16%: reportSeeking Alpha Tech
BUSINESSJul 20NACCIMA, China seal pact to boost manufacturing investment in NigeriaBy Yinka Kolawole The Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has signed a tripartite Memorandum of Understanding (MoU) with China’s Linyi Wholesalers Federation and TTC Hydra Limited to strengthen bilateral trade and attract new Chinese investments into Nigeria’s manufacturing and infrastructure sectors. The agreement, signed at the NACCIMA Infrastructure Conference (INFRACON […] The post NACCIMA, China seal pact to boost manufacturing investment in Nigeria appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 20Ikea’s China remodelling: parent firm puts eight former retail sites on blockIkea’s parent company Ingka Group has hired property consultancy JLL as its sole sales agent to offload eight retail properties in mainland China, the multinational furniture brand’s largest asset disposal since it entered the market nearly 30 years ago. Seven of the properties were Ikea stores that ceased their operations in February. The remaining one, a site in Guiyang in the southern province of Guizhou, shut down in 2022 and has been vacant ever since, according to disclosure from JLL last...South China Morning Post
BUSINESSJul 20Logitech distributor in China fined US$30,000 for offensive ad calling customers dogsA China distributor for the global computer peripherals giant Logitech has been fined 200,000 yuan (US$30,000) for an insulting advertisement which likened consumers to dogs. According to a report by Beijing Daily, the market supervisory authority in Shanghai’s Jingan district imposed the penalty on Shanghai Baishide Electronics Company in late June for its advert for a Logitech mouse which used offensive language. The video ad was released on a leading short media platform on March 25. “You...South China Morning Post
BUSINESSJul 20Asia markets rise as China support measures lift sentimentSeeking Alpha Tech
BUSINESSJul 20China holds loan prime rates steady as growth slows and yuan firms . 1 - year LPR at 3 . 0 %, 5 - year at 3 . 5 % China has maintained its loan prime rates despite slower economic growth and a strengthening yuan. This economic decision impacts the financial stability and monetary policy of the country.investinglive.com
BUSINESSJul 20China EV Transition Faces a Lithium Bottleneck First and a Cobalt Squeeze NextChina's transition to electric vehicles (EVs) is projected to face initial challenges from a lithium bottleneck, followed by a cobalt supply squeeze. This highlights potential resource constraints for the growing EV industry.azom.com · United States
BUSINESSJul 19China Growth Target Masks Deepening Economic Imbalances as Investment and Consumer Demand FalterChina's growth targets are reportedly obscuring worsening economic imbalances, with investment and consumer demand weakening. This suggests potential challenges for the Chinese economy despite official growth figures.theepochtimes.com · United States
BUSINESSJul 19Markets today : Wall Street hit by AI slump as China Moonshot shakes marketsWall Street markets experienced a slump, specifically attributed to artificial intelligence stocks, while a 'China Moonshot' initiative also influenced market performance. This describes current market trends and their driving factors.theage.com.au · Australia
BUSINESSJul 19Chinese state - owned capital operation firms announce share purchase plans amid confidence in China capital market - XinhuaChinese state-owned capital operation firms have announced plans to purchase shares, indicating confidence in the country's capital market. This action suggests a strategic move to stabilize or boost market sentiment.english.news.cn
BUSINESSJul 19China firm seeks damages over state control of British SteelA Chinese firm is seeking damages concerning the state's control of British Steel. This indicates an international corporate dispute related to governmental economic intervention.dw.com · Germany
BUSINESSJul 19China firm seeks damages over state control of British SteelThe UK government took over British Steel last year to prevent the closure of the country's last primary steelmaking facility. China's Jingye Group, which bought the firm in 2020, claims it is owed compensation.DW News [en]
BUSINESSJul 19Musk son’s viral tiger-head bag shines light on China’s US$14.8b heritage e-commerceSales of intangible heritage products are on the rise, highlighted by the online frenzy sparked by Elon Musk’s six-year-old son Little X wearing a Chinese-style silk jacket and carrying a tiger-head bag in May, when they accompanied US President Donald Trump on a state visit to Beijing. The surge is part of a wider boom, with industry data showing intangible cultural heritage and traditional handicraft goods had reached an annual transaction value of 100 billion yuan (US$14.8 billion) across...South China Morning Post
BUSINESSJul 18Unemployment : China announces massive AI training opportunities for Nigerians , othersChina is offering extensive AI training opportunities to Nigerians and other groups to address unemployment. This initiative aims to enhance skills and economic prospects.blueprint.ng · Nigeria
BUSINESSJul 18China’s megaprojects transformed Ivory Coast. Now it’s own role is changingIn Abidjan, the commercial capital and economic engine of Ivory Coast, the extent of Chinese infrastructure development is a permanent feature of the transport and trade networks. This includes the Alassane Ouattara Bridge, commonly known as the Cocody Bridge, which links the affluent eastern district of Cocody to the business centre of Plateau. The expansion of the Port of Abidjan’s second container terminal and the construction of the Alassane Ouattara Olympic Stadium also highlight the scale...South China Morning Post
BUSINESSJul 18Louis Vuitton China Dilemma : Protect the Monogram , Risk the NarrativeLouis Vuitton faces a dilemma in China regarding brand protection versus narrative risk. This article discusses a strategic challenge for a luxury brand operating in a significant market.finance.yahoo.com · United States
BUSINESSJul 18JPMorgan China Growth & Income ( LON : JCGI ) Stock Price Down 3 . 3 % – Should You Sell ? The stock price of JPMorgan China Growth & Income (JCGI) has decreased by 3.3%. This report advises on investment decisions for shareholders of the fund.dailypolitical.com · United States
BUSINESSJul 18Summer Davos : China new economic vision - Pakistan ObserverSummer Davos features discussions on China's new economic vision. This article concerns high-level economic policy and international business dialogue.pakobserver.net · Pakistan
BUSINESSJul 18China Could Be About to Remove Oil Biggest Safety NetChina is reportedly considering removing a major safety net for oil, a move that could have significant implications for global energy markets. This suggests a potential shift in economic policy with international repercussions.finance.yahoo.com · United States
BUSINESSJul 18Fierce competition and shifting tastes squeeze China’s yoga apparel marketChina’s yoga apparel market is grappling with fierce competition and slowing growth amid sluggish domestic consumption, as middle-class shoppers diversify their activities, according to analysts. Lululemon, the Canadian athletic apparel brand popular among China’s middle class, continues to face sales pressure in the world’s second-largest consumer market. Lululemon’s same-store sales growth at sampled Chinese shopping malls dropped 4 per cent year on year in May, compared with a 3 per cent...South China Morning Post
BUSINESSJul 18China’s tech giants fuel the rise of AI tokens as a new corporate currencyEvery month, a Beijing-based ByteDance employee says he burns through close to a billion units of a new corporate currency – one that cannot buy a coffee or pay rent. Yet, as he noted, that staggering volume “doesn’t even put me near the top of the consumption rankings in my department”. That currency is not yuan, but artificial intelligence tokens. “Using AI has become part of almost every task now,” said the employee, who requested anonymity as he was not authorised by the company to speak to...South China Morning Post
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