China and U.S. working to stabilize business environment, Beijing says

China and U.S. working to stabilize business environment, Beijing says

The flags of China, U.S. and the Chinese Communist Party are displayed in a flag stall at the Yiwu Wholesale Market in Yiwu, Zhejiang province, China, May 10, 2019. Aly Song | Reuters BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce Minister Wang … Read more

China is ramping up stimulus to boost market confidence. Is it enough?

China is ramping up stimulus to boost market confidence. Is it enough?

BEIJING, CHINA – NOVEMBER 08: Pan Gongsheng, governor of the People’s Bank of China and head of the State Administration of Foreign Exchange, speaks during the Annual Conference of Financial Street Forum 2023 on November 8, 2023 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images BEIJING … Read more

China’s EV players ramp up competition with Tesla using new technology

China’s EV players ramp up competition with Tesla using new technology

The front seats of the Aito M9 SUV can be adjusted to create reclining chairs for the second row. Passengers can watch a movie on the roll-down projector screen while storing drinks in a refrigerator compartment. CNBC | Evelyn Cheng BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell … Read more

China’s working age population is shrinking

China’s working age population is shrinking

Many Meituan food delivery workers are lining up to make preparations in Shanghai, China, on January 14, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images BEIJING — China’s working age population is shrinking as a share of the total number of people in the country, according to official data released … Read more

China misses fourth-quarter GDP estimates, resumes posting youth unemployment data

China misses fourth-quarter GDP estimates, resumes posting youth unemployment data

Construction at China Vanke Co.’s Isle Maison development in Hefei, China, on Monday, Nov. 27, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China has resumed reporting the unemployment rate for young people. The National Bureau of Statistics said Wednesday that excluding people still in school, the unemployment rate for young people aged 16 … Read more

China 2024 GDP forecasts by JPMorgan, Goldman, Citi, Morgan Stanley

China 2024 GDP forecasts by JPMorgan, Goldman, Citi, Morgan Stanley

MEISHAN, CHINA – JANUARY 15: A textile worker works at the workshop of Sichuan Renshou Jin’e Textile Co., Ltd. on January 15, 2024 in Meishan, Sichuan Province of China. (Photo by Pan Jianyong/VCG via Getty Images) Vcg | Visual China Group | Getty Images BEIJING — Major international investment banks expect China’s economy to grow … Read more

China’s premier tells Davos that innovation shouldn’t be used to restrict other nations

China’s premier tells Davos that innovation shouldn’t be used to restrict other nations

China’s Prime Minister Li Qiang (L) waves as Swiss President Viola Amherd looks on during an official visit in Kehrsatz, near Switzerland’s administrative capital Bern on January 15, 2024. Li Qiang, is visiting Switzerland to attend the 54th World Economic Forum Annual (WEF) which is taking place from January 14-19 in Davos. (Photo by PETER … Read more

China’s Rokid rival to Apple’s Vision Pro raises $70 million

China’s Rokid rival to Apple’s Vision Pro raises  million

This picture taken on September 22, 2023 shows a Rokid employee demonstrating an augmented reality helmet at the company’s office at the 2022 Asian Games host city Hangzhou, in China’s eastern Zhejiang province. From autonomous bug zappers to android pianists and driverless ice cream trucks, machines rule the world, at least at China’s Asian Games. … Read more

China’s annual exports drop for the first time in seven years

China’s annual exports drop for the first time in seven years

Containers sit at the Yangshan Port in Shanghai, China, Aug. 6, 2019. Aly Song | Reuters BEIJING — China’s annual exports fell for the first time in seven years in 2023, even as shipments in December beat expectations, customs data showed Friday. Exports rose by 2.3% year on year in U.S. dollar terms last month, … Read more

China says the U.S. has ‘weaponized’ chip export controls

China says the U.S. has ‘weaponized’ chip export controls

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool. ”We are highly concerned about the United … Read more