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BUSINESSJul 1China’s Kling AI nears US$3 billion round at US$18 billion valuation: sourcesKuaishou-backed Kling AI is close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment, according to people familiar with the matter, as competition intensifies in China’s artificial intelligence video generation sector. The latest valuation was narrowed from an initial target of US$20 billion set in April, when Chinese short-video giant Kuaishou first planned to spin off Kling AI, according to a source, reflecting the shifting market...South China Morning Post
BUSINESSJul 1Sands China is a standout in Dow Jones' ESG performance trackingSands China has been recognized for its exceptional performance in environmental, social, and governance (ESG) tracking by Dow Jones.Seeking Alpha Tech
BUSINESSJul 1EU set for trade 'conflict' with China unless deal reached by autumn, EPP chief Weber tells EuronewsIn an exclusive interview with Europe Today, Manfred Weber warns the EU is heading into a "phase of conflict" with Beijing unless both sides strike a deal to significantly reduce trade imbalances by the autumn.EuroNews [en]
BUSINESSJul 1Newsletter: EU entering trade ‘conflict’ with China without autumn deal, EPP boss Weber saysHello, it’s Mared Gwyn here with your morning digest. Today: The view from Dublin as Ireland takes over the EU presidency baton, and how EU allies have clinched better terms as the bloc’s steel tariffs kick in.EuroNews [en]
BUSINESSJul 1Asian markets diverge as factory activity cools across China and Japan; gold and bitcoin slide in early July tradeAsian markets are showing mixed performance as manufacturing activity decreases in China and Japan. Additionally, both gold and bitcoin experienced declines in early July trading.Seeking Alpha Tech
BUSINESSJul 1World Bank to end lending to China by 2031The World Bank will phase out its lending to China by 2031 under its new Country Partnership Framework, marking a significant shift in its relationship with the world’s second-largest economy. A source familiar with the matter confirmed the development on Tuesday, corroborating an earlier report by the Financial Times. According to a World Bank official […] The post World Bank to end lending to China by 2031 appeared first on Vanguard News.Vanguard Nigeria
BUSINESSJul 1World Bank To Phase Out Lending To China By 2031In his first term in office, US President Donald Trump demanded that the World Bank stop lending to China entirely, as he adopted a more aggressive approach to Washington's chief economic rival. The post World Bank To Phase Out Lending To China By 2031 appeared first on Channels Television.Channels TV
BUSINESSJul 1China's manufacturing PMI eases to 51.7 in June but beats forecasts; caps strongest quarter since 2020China's manufacturing Purchasing Managers' Index eased slightly to 51.7 in June but surpassed forecasts, marking the strongest quarter for the sector since 2020. This indicates ongoing trends in China's industrial economic health.Seeking Alpha Tech
BUSINESSJul 1China’s new investment law asserts control over offshore tech transfers in landmark moveChina has enacted a sweeping overseas-investment law that aims to safeguard national interests against trade barriers and unauthorised use of advanced technology abroad, though analysts warn that the move could complicate operations for foreign partners. The State Council’s 34-article Regulation on Overseas Investment, taking effect on Wednesday, authorises “necessary and defensive measures” to protect Chinese investors and interests overseas in response to foreign trade-related barriers. Under...South China Morning Post
BUSINESSJul 1Will slowing car sales in China reignite brutal price war in crowded market?In the most bearish Chinese car market forecast by an international bank or consultancy, AlixPartners has predicted that deliveries will fall by 10 per cent this year on the back of a shaky economy and softening government support. Weak buying interest was likely to fuel a brutal price war that would ensnare nearly all the country’s 100-odd carmakers, the global consultancy added. It forecast that 24.6 million light vehicles would be delivered by Chinese carmakers this year, with 10 million of...South China Morning Post
BUSINESSJun 30World Bank to phase out China lendingDecision from global development institution follows years of pressure from the Trump administrationFinancial Times
BUSINESSJun 30Bristol, Merck, AbbVie face House committee probe over China trialsSeeking Alpha Tech
BUSINESSJun 30US retailers frontload China orders for holiday season , shipping firms sayUS retailers are reportedly placing their China orders earlier than usual for the upcoming holiday season, according to shipping companies. This move suggests an adjustment in supply chain strategies.finance.yahoo.com · United States
BUSINESSJun 30Silvercorp slides after slowing China mining operations for required safety workSilvercorp's stock has declined following the company's decision to slow down its mining operations in China for necessary safety work. This indicates a business impact from operational adjustments for safety.Seeking Alpha Tech
BUSINESSJun 30Chinalco Mining to acquire 95% stake in Opuwo ProjectChinalco Mining is set to acquire a 95% stake in the Opuwo Project. This represents a significant corporate acquisition in the mining sector.Yahoo Finance
BUSINESSJun 30China's Q2 slowdown likely overstated, H2 recovery expected: TS LombardTS Lombard suggests that China's economic slowdown in Q2 might be exaggerated and forecasts a recovery in the second half of the year. This provides an updated outlook on a major global economy.Seeking Alpha Tech
BUSINESSJun 30Nike earnings: Can a turnaround fix slipping market share and China woes?This article examines Nike's earnings and explores whether the company can address its declining market share and challenges in the China market.Seeking Alpha Tech
BUSINESSJun 30China Solar Generation Surges 40 percent as Coal Demand Stalls in 2025 : Energy Institute Statistical ReviewChina's solar power generation is projected to increase significantly by 40 percent in 2025, according to the Energy Institute Statistical Review, while coal demand is expected to stagnate.greentechlead.com · India
BUSINESSJun 30EU seeks ‘tangible results’ on China trade deficit by OctoberThe European Union set an October deadline for “tangible results” in tackling its growing trade deficit with China, after the two sides held talks in Brussels in an attempt to avoid a trade war. “Not everything will be solved, not everything will be fixed, but we think that between now and October, our teams have sufficient time to deliver the tangible results,” EU trade chief Maros Sefcovic told reporters on Monday, according to Bloomberg News. He spoke after “intensive, focused and...South China Morning Post
BUSINESSJun 30Update : China improving June PMIs point to stronger economic momentumUpdated June Purchasing Managers' Index (PMI) data for China suggests improving economic momentum.cambodiantimes.com · Cambodia
BUSINESSJun 30China-EU joint statement on tradeChina and the European Union released a joint statement on Monday following talks between China’s Minister of Commerce, Wang Wentao, and the EU’s trade chief, Maros Sefcovic, in Brussels. During the meeting, the two sides agreed to establish a joint platform to monitor trade flows and to set up working groups to ease bilateral economic tensions. EU-China Joint Statement by scmpSouth China Morning Post
BUSINESSJun 30AI fuels growth in China booming pet economy - People Daily OnlineArtificial intelligence is reportedly driving significant growth within China's expanding pet economy, according to People Daily Online.en.people.cn · China
BUSINESSJun 30Innovent, Eli Lilly partner to commercialize Verzenios in ChinaInnovent and Eli Lilly have formed a partnership to commercialize the product Verzenios in China. This indicates a business collaboration in the pharmaceutical sector.Seeking Alpha Tech
BUSINESSJun 30Both side concerns need to be addressed in China - EU trade talks : Editorial flashAn editorial highlights the necessity of addressing concerns from both China and the EU during their ongoing trade talks. This indicates a focus on resolving potential disagreements to foster smoother international commerce.usa.chinadaily.com.cn · China
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