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BUSINESSOct 14China’s Li Qiang vows more high-value imports as trade surplus faces scrutinyPremier Li Qiang said on Wednesday that China stands ready to import more high-quality goods, particularly high-value-added products, as part of efforts to promote more balanced trade. Li made the pledge at an opening ceremony for the autumn session of the biannual Canton Fair, China’s largest foreign trade exhibition. The nearly three-week-long event officially opens on Thursday, with more than 32,000 exhibitors and 210,000 overseas buyers registered in advance. “International trade is not...South China Morning Post
BUSINESSOct 14What does the historic Bank of America fine mean for US-China capital streams?As the US Treasury imposed historic fines on Bank of America over compliance failures involving Chinese money-laundering networks, analysts see the action as a signal that could prompt Western banks to tighten scrutiny of Chinese clients and cross-border transactions. The penalties, announced on Tuesday and totalling more than US$1.21 billion, included what the US Treasury described as its third-largest penalty on record and the largest in the history of the Office of the Comptroller of the...South China Morning Post
BUSINESSOct 14EU-China trade progress welcomed, yet trust issues lingerWhile a deal to reduce exports of hybrid vehicles represents an early win, tougher issues remain on the negotiating table.Politico Europe
BUSINESSOct 14China's influence in the gaming industryHome to more than 700 million gamers, China is the world's largest gaming market — but it's also one of the most tightly regulated. The effects reach far beyond China, impacting players around the world.DW News [en]
BUSINESSOct 14China's influence in the gaming industry is growingHome to more than 700 million gamers, China is the world's largest gaming market — but it's also one of the most tightly regulated. The effects reach far beyond China, impacting players around the world.DW News [en]
BUSINESSOct 14China’s exports surge amid AI-driven demandExports grew by 36.3 percent in September, the biggest leap since the COVID-19 pandemic.Al Jazeera [en]
BUSINESSOct 14Retro trend: is China simply copying the German VW Beetle here?Citroën's 2CV has just been unveiled as an electric car, and the retro Fiat 500 is already a hit. Few know that in China even Germany's VW Beetle is making a comeback, but only in looks.EuroNews [en]
BUSINESSOct 14China chip exports jump 136% to US$45b as AI frenzy jacks up pricesChina’s integrated circuit (IC) exports surged 136 per cent year on year in September to US$45 billion, exceeding the 108 per cent growth rate in the first nine months of the year in a sign of the country’s rising influence in the global semiconductor supply chain. In September, China exported 32.7 billion units of ICs, according to customs data released on Wednesday, a 1 per cent year-on-year increase in volume. But higher prices fuelled the 136 per cent jump in value amid a memory chip...South China Morning Post
BUSINESSOct 14China’s EV industry faces double blow from EU export quota, VAT rebate cutChina’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European...South China Morning Post
BUSINESSOct 14China’s carmakers eye record sales, luxury model hits regulatory bump: 7 EV readsWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China carmakers eye record 12 million global sales in 2026 as EV demand surges Chinese automotive groups have cause to celebrate their go-global strategy amid breakneck export growth in recent years, with deliveries in 2026 expected to beat expectations already buoyed by an...South China Morning Post
BUSINESSOct 14Recent EU-China talks were a 'good starting point', MEP Lange saysBernd Lange, S&D MEP and chair of the European Parliament’s International Trade Committee, hopes the EU and China can reach a “comprehensive agreement” to resolve their trade dispute by March next year.EuroNews [en]
BUSINESSOct 14India’s trade deficit with China crosses $100 billion in 2026Two-way trade between January and September was up 25.4% to $144.45 billion, while India’s imports from China continued to rise, up 23.3% to $125.19 billionThe Hindu
BUSINESSOct 14Asian equities stabilize following Wall Street tech selloff; oil nears $95, China trade data beatsAsian equities have stabilized after a tech selloff on Wall Street, with oil prices approaching $95 and China's trade data exceeding expectations. This indicates a mixed but generally stabilizing global economic landscape.Seeking Alpha Tech
BUSINESSOct 14China's September CPI rises 0.9% Y/Y, PPI accelerates to 5.0% above expectationsChina's Consumer Price Index increased by 0.9% year-on-year in September, while the Producer Price Index accelerated to 5.0%, exceeding expectations. This indicates specific inflationary trends within the Chinese economy.Seeking Alpha Tech
BUSINESSOct 14China's September trade surplus widens to $133.53B; exports up 36.3%, imports up 31.0%China's trade surplus widened in September to $133.53 billion, driven by significant increases in both exports and imports. This data provides insight into China's economic performance and global trade patterns.Seeking Alpha Tech
BUSINESSOct 14China’s exports surge 36% as AI-related shipments boomImports soar by a third as high oil prices from Middle East conflict push up energy billFinancial Times
BUSINESSOct 14Producer prices in China rise at fastest pace since June 2022, beating expectationsThe increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.CNBC
BUSINESSOct 14China's exports likely grew by double-digits in SeptemberThe country's customs agency released September trade data on Wednesday.CNBC
BUSINESSOct 13China is bringing car production to EUChina has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt.France 24 [en]
BUSINESSOct 131st LD-Writethru: China approves Visa subsidiary application to establish bank card clearing institutionBEIJING, Oct. 13 (Xinhua) -- China's central bank announced on Tuesday that it has approved an application from a subsidiary of U.S. payment giant Visa to set up a bank card clearing institution in China, a step forward in the country's financial opening up.thestar_my · malaysia
BUSINESSOct 13Europe's alternative to Trump's China trade warEurope is testing a new response to China Shock 2.0, betting that it can confront Beijing's export juggernaut without resorting to President Trump's tariff-heavy approach.Why it matters: More of the world is beginning to confront the threat that China's industrial overcapacity poses to their industries. But protecting individual sectors will not solve the bigger problem: China's factories are cranking out far more than its own economy can absorb.Driving the news: The European Union and China struck a preliminary deal on Friday to sharply limit Chinese hybrid vehicle exports to Europe.The EU plAxios
BUSINESSOct 13Roche signs $1.16B obesity drug deal with China’s Rona TherapeuticsRoche has signed a $1.16 billion deal with Rona Therapeutics from China for an obesity drug. This represents a significant collaboration in the pharmaceutical industry.Seeking Alpha Tech
BUSINESSOct 13Germany's China calculation shifts as import pressures eclipse export benefitsGermany has long resisted tougher action against China, fearing retaliation. But rising pressure on key industries has pushed Berlin to seek stronger EU trade-defense powers to protect its industrial base.DW News [en]
BUSINESSOct 13LVMH sales miss growth forecasts as China luxury demand slowsLVMH, the world's leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment.EuroNews [en]