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BUSINESS10h agoShenzhen too pricey? Cost-conscious Hongkongers dig deeper into mainland ChinaSeventy-something Hong Kong retiree Leung Ching says a meal for four in Shenzhen, the megacity in mainland China roughly an hour’s train ride away, that cost just over 300 yuan (US$45) a few years ago now runs to 500 to 600 yuan. It would cost around HK$1,000 (US$127.50) in Hong Kong, but only 300 yuan in Guangzhou and just 200 yuan in Zhongshan, two cities within two hours of Hong Kong. “Shenzhen is becoming less and less affordable,” said Leung, a retired vendor. Last year, consumer prices in...South China Morning Post
BUSINESS19h agoWeyerhaeuser anticipates 3 China log vessels in Q4 while targeting Monticello start-up in mid-2027Weyerhaeuser expects three log vessels to China in Q4 and plans for a Monticello facility start-up in mid-2027. This provides an update on the company's shipping and operational timeline.Seeking Alpha Tech
BUSINESS21h agoMax Luksic, the heir to one of Chile's largest fortunes who started from the bottom in China: "I started there washing dishes in the back of the kitchen"Before joining the family business, he sought work experience far from his known environment. An observation from his boss led him to travel to Asia to start from scratch in the hotel industry.Clarín
BUSINESS23h agoIndia’s China+1 Dilemma: It May Need China to Depend Less on ChinaIndia wants to rely less on China. Interviews with executives and policymakers suggest that whether Chinese firms take part matters less than what India gets for letting them.The Diplomat
BUSINESS1d agoChalecki quoted in Reforma on how China benefits from USMCA uncertainty and fragmentationRead the full article here The post Chalecki quoted in Reforma on how China benefits from USMCA uncertainty and fragmentation appeared first on Atlantic Council.Atlantic Council
BUSINESS1d agoEconomist Stephen Roach warns the US and China are in a ‘conflicted co-dependency’A leading economist warned on Thursday that the United States and China are in a “conflicted co-dependency” that this year’s two bilateral summits failed to address. “I think there’s a good chance that we’re in a temporarily more stable place. But to say that has solved the deep-rooted problems between us, I think is a real stretch,” said Stephen Roach, a veteran China-watcher and the former chairman of Morgan Stanley Asia, at the China Institute of America. “You mentioned the two summits that...South China Morning Post
BUSINESS1d agoChina’s optical suppliers extend sell-off as fears of slower AI growth trump upbeat earningsShares of major Chinese optical communications suppliers slumped on Friday before clawing back some of their losses, extending a two-day sell-off despite upbeat third-quarter earnings driven by the global artificial intelligence infrastructure boom. During morning trading in Shenzhen, Chengdu-based Eoptolink Technology dropped as much as 15 per cent, while Suzhou TFC Communication slid 10.3 per cent and industry leader Zhongji Innolight fell over 7 per cent. By the midday break, the trio had...South China Morning Post
BUSINESS1d agoStarbucks to resume share buybacks but China shift clouds growth outlookUS same-store sales rise 7.7% as CEO touts progress in coffee chain turnaroundFinancial Times
BUSINESS1d agoEvolution Metals surges after securing 754 tons of non-China neodymium metalEvolution Metals has seen a surge after securing 754 tons of neodymium metal from a non-China source. This event highlights developments in critical raw material supply chains and their impact on specific companies.Seeking Alpha Tech
BUSINESS2d agoChina’s BYD, Geely report profit jump as sales abroad surge, though local market stallsChina’s two largest carmakers, BYD and Geely Auto, reported a jump in their third-quarter earnings, propelled by surging overseas sales as they intensified pressure on established international marques in Europe and Southeast Asia. BYD, mainland China’s largest automotive group, posted a net profit of 10 billion yuan (US$1.5 billion) in the three months ending September, up 28 per cent from the same period a year earlier. Revenue grew 13.6 per cent to 211.5 billion yuan. Geely said on Thursday...South China Morning Post
BUSINESS2d agoVolkswagen Looks To Export 300,000 Vehicles From China By 2030Volkswagen said that for the first time it will also export technology developed in Hefei to other parts of Asia, the Middle East and South America, but not Europe for now. The post Volkswagen Looks To Export 300,000 Vehicles From China By 2030 appeared first on Channels Television.Channels TV
BUSINESS2d agoGermany news: Volkswagen posts 3rd quarter losses of nearly €6 billion amid competition from ChinaGermany's largest car maker reported third quarter losses of €5.8 billion as its major financial struggles continue. And Chancellor Friedrich Merz concludes his tour of Asia with a visit to South Korea. DW has more.DW News [en]
BUSINESS2d agoGermany news: Volkwagen posts 3rd quarter losses of nearly €6 billion amid competition from ChinaGermany's largest car maker reported third quarter losses of €5.8 billion as its major financial struggles continue. And Chancellor Friedrich Merz concludes his tour of Asia with a visit to South Korea. DW has more.DW News [en]
BUSINESS2d agoChina’s currency goes globalChina's currency is expanding its international presence, indicating a notable shift in global financial dynamics. This development is significant for international trade and finance.South China Morning Post
BUSINESS2d agoTencent, Visa deepen payments push in China after regulatory green lightTencent and Visa are expanding their payments partnership following recent regulatory approvals for foreign financial firms in China.CNBC
BUSINESS2d agoVolkswagen posts deepest loss since Dieselgate on Porsche writedown, China woes - ReutersVolkswagen posts deepest loss since Dieselgate on Porsche writedown, China woes ReutersReuters World
BUSINESS2d agoPetroChina reports results for the first three quarters of 2026PetroChina has released its financial results for the first three quarters of 2026. This is a standard corporate announcement providing insight into the company's performance.Seeking Alpha Tech
BUSINESS2d agoHello Kitty owner Sanrio scraps Japanese TV show Vivant deal over China backlashJapanese character company Sanrio, owner of popular IPs including Hello Kitty, Cinnamoroll and My Melody, has terminated its planned collaboration with the television drama Vivant following strong public criticism in China. In an official statement released late on Wednesday evening, the company acknowledged that the Japanese spy drama contained content that “does not align with the Sanrio Group’s corporate philosophy”. The controversial series includes scenes depicting Chinese intelligence...South China Morning Post
BUSINESS2d agoChina’s tech darlings are losing their shine. Here’s what’s behind the sell-offChina's tech rally is being tested as as investors question whether AI profits can justify lofty valuations.CNBC