7 h. ago How China is driving a surge in shipping along Arctic sea routes

Chinese companies are showing growing interest in shipping goods to the West via the Northern Sea Route – an icy Arctic passage that opens up each summer – according to Rosatom, the Russian company that operates infrastructure along the route. The firm anticipates a significant uptick in voyages by Chinese companies along the NSR during the coming summer-autumn shipping season, and is adding more nuclear-powered icebreakers to its fleet to handle the growing traffic flow. Cargo traffic on the...

Politics

10 h. ago China calls on Niger to tackle disputes with energy firms through dialogue

Foreign Minister Wang Yi has urged Niger’s junta government to resolve disputes with Chinese energy companies operating in the West African nation through dialogue. Wang made the remarks during talks with his Nigerien counterpart Bakary Yaou Sangaré in the central Chinese city of Changsha on Wednesday. “The two sides should properly handle the differences and problems encountered in cooperation through dialogue,” Wang said, according to a Chinese foreign ministry readout of the meeting, which...

Politics

14 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

17 h. ago Chinese AI Companies Dodge U.S. Chip Curbs by Flying Suitcases of Hard Drives Abroad

Chinese AI Companies Dodge U.S. Chip Curbs by Flying Suitcases of Hard Drives Abroad  WSJ

Transport

19 h. ago Chinese solar firms bank on overseas expansion to survive amid US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with...

Economics

33 h. ago China’s viral Labubu toy has an unlikely fan – the ruling Communist Party

As Chinese companies ponder how best to market their products internationally, the example set by Pop Mart – the Beijing-based brand behind the viral Labubu toy – has been praised by the country’s state media for the creativity that underlies its success. The wide-mouthed, bug-eyed toy’s global fan base is evidence of a shift in priorities for China as it transforms from a producer of low-value goods to a hub of innovation, Qiushi, the Communist Party’s top theoretical journal, said in a...

Politics

49 h. ago S&P 500 declines as market comeback pauses while traders wait for more trade deals: Live updates

S&P 500 declines as market comeback pauses while traders wait for more trade deals: Live updates  CNBC

Economics

54 h. ago Stock market comeback pauses despite tame inflation data, China

Stock market comeback pauses despite tame inflation data, China-U.S. trade framework: Live updates  CNBC

Economics

3 d. ago Stock Market News Today: Dow, Nasdaq Climb; Investors Eye U.S.

Stock Market News Today: Dow, Nasdaq Climb; Investors Eye U.S.-China Trade Talks — Live Updates  WSJ

Economics

3 d. ago S&P 500 Gains on Trade Hopes Before Inflation Data: Markets Wrap

S&P 500 Gains on Trade Hopes Before Inflation Data: Markets Wrap  Bloomberg

Economics

3 d. ago Stocks Rise Amid Trade Talks Before Treasury Sale: Markets Wrap

Stocks Rise Amid Trade Talks Before Treasury Sale: Markets Wrap  Bloomberg

Economics

3 d. ago Bonds Up Before $58 Billion Sale Amid Trade Talks: Markets Wrap

Bonds Up Before $58 Billion Sale Amid Trade Talks: Markets Wrap  Bloomberg

Economics

3 d. ago ‘Irresistible trend’: why Chinese firms are rushing to open factories in Hungary

When Agosto Bodo took a job at a Chinese law firm’s Budapest office last year, he found himself catapulted into the centre of a China-fuelled investment boom. Yingke Law Firm, a major player in Chinese corporate law, had opened the new office to serve a wave of Chinese companies looking to open factories in Hungary. And the business was quickly gaining momentum. “We helped our clients with sourcing labour, looking for offices – we provided the whole service to help them overcome the language and...

Politics

4 d. ago US stocks drift and Chinese markets rise as trade talks start between the world's largest economies

US stocks drift and Chinese markets rise as trade talks start between the world's largest economies  AP News

Economics

4 d. ago US soybean farmers move to reduce dependence on China as trade war grinds on

Soybean farmers in the United States have stepped up efforts to diversify their export markets while maintaining China as a critical buyer, despite ongoing trade tensions between the two superpowers, according to the head of a leading industry association. Jim Sutter, CEO of the US Soybean Export Council, said that while concerns about possible disruptions persist, China’s strong demand for soybeans – a crucial commodity for food and livestock feed – would ensure the US remains an important...

Events

4 d. ago Stock investors rejoice over China trade talks — and weak labor market data

Stock investors rejoice over China trade talks — and weak labor market data  Fortune

Economics

4 d. ago China’s Geely hits the brakes on new plant construction globally: Li Shufu

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely to ripple across the sector as most Chinese companies are finding it difficult to make profits. Chairman Li Shufu told the Chongqing Auto Show over the weekend that the company would avoid building excess capacity and instead focus on improving its technological capabilities to become a key player in the future of mobility. “The global automotive industry is mired...

Events

4 d. ago U.S. stock futures dip ahead of renewed trade talks with China

U.S. stock futures dip ahead of renewed trade talks with China  MarketWatch

Politics

7 d. ago Indian electronics companies face delays on Chinese JV approvals amid concerns over Beijing's support for

Indian electronics companies face delays on Chinese JV approvals amid concerns over Beijing's support for  The Economic Times

Politics

1 week ago U.S. ban on EDA software hits Chinese tech companies hard — Xiaomi, Lenovo among affected

U.S. ban on EDA software hits Chinese tech companies hard — Xiaomi, Lenovo among affected  Tom's Hardware

Events