7 h. ago US firms consider China market critical despite fraying relations, other issues, survey says

A new survey of American companies operating in China indicated that most of them consider the country’s market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world’s second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is despite...

Economics

7 h. ago US firms say China market vital despite fraying relations, other issues: survey

A new survey of American companies operating in China has indicated that most of them consider the country’s market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world’s second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is...

Economics

22 h. ago China and Europe power 24% growth in global EV sales in June

Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Europe, while the US fell behind, according to the market research firm Rho Motion. A total of 1.8 million battery-powered electric vehicles (BEVs) and plug-in hybrids were sold last month, the London-based firm said on Tuesday. Sales in China jumped 28 per cent to 1.11 million units, or 60 per cent of the worldwide total, while Europe’s demand rose 23 per...

Politics

31 h. ago AMD: Raising Fair Value Estimate as Ban on Firm’s Sales into China Will Be Reversed

AMD: Raising Fair Value Estimate as Ban on Firm’s Sales into China Will Be Reversed  Morningstar

Economics

33 h. ago U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says

U.S. moving fast to secure access to critical minerals to counter China's dominance of market, Pentagon says  CNBC

Politics

38 h. ago What if Chinese, US firms make humanoid robots together? CEO calls for a collab

The founder of a prominent Chinese robotics start-up sees great value in working with American peers to advance the global development of humanoid robots – and his call for stronger collaboration between the fractious trade partners comes as China’s private sector is playing an increasingly larger role in innovation. “China has a deep foundation in manufacturing and hardware, while the United States possesses a rich AI software ecosystem,” said Wang Xingxing, founder and CEO of Hangzhou-based...

Economics

41 h. ago Chinese firms’ H stocks trade at smallest discount to onshore shares in 5 years

The Hong Kong shares of dual-listed Chinese companies are trading at the smallest discount to their onshore peers in nearly five years, as a weaker US dollar spurs inflows and mainland investors snap up these stocks. The H shares of 160 firms, including Industrial and Commercial Bank of China and BYD, are trading 22 per cent below their mainland-listed A shares, according to a Hang Seng gauge tracking the disparity between the two markets. That marked the smallest gap since June 2020, as trading...

Politics

62 h. ago Robot makers AgiBot, Unitree, UBTech land more orders from Chinese enterprises

China’s fast-developing humanoid robot market segment is seeing demand from enterprises gather speed, as prominent start-ups AgiBot and Unitree Robotics have landed orders totalling 124 million yuan (US$17.3 million) from state-owned China Mobile, the world’s largest telecommunications firm by number of subscribers. That order from China Mobile’s subsidiary in Hangzhou, capital of eastern Zhejiang province, involves the supply of 78 million yuan worth of full-size humanoid robots from AgiBot and...

Politics

69 h. ago Nvidia CEO downplays U.S. fears that China's military will use his firm's chips

Nvidia CEO downplays U.S. fears that China's military will use his firm's chips  NBC Chicago

Events

69 h. ago Nvidia's Jensen Huang brushes off U.S. fears that China's military will use his firm's chips

Nvidia's Jensen Huang brushes off U.S. fears that China's military will use his firm's chips  CNBC

Events

4 d. ago Chinese law firms in ‘pivotal moment’ as they answer the call to go global

Chinese lawyers are making inroads into the global legal services market in response to growing demand from their compatriots abroad and a push from Beijing. They say that as more Chinese companies expand their footprint overseas many prefer to get legal support from Chinese lawyers and have more trust in them, but winning over clients from elsewhere is a challenge at a time of rising geopolitical tensions. Beijing has been pressing for more legal professionals to offer their services abroad to...

Politics

8 d. ago Shenzhen Bourse Nudges China Firms to Speed Up IPO Applications

Shenzhen Bourse Nudges China Firms to Speed Up IPO Applications  Bloomberg

Economics

9 d. ago Chinese design firm converts swimming pool into office, triggers safety probe

A Chinese decoration company has sparked online controversy and amusement after it converted a drained swimming pool into a temporary office. Staff get down to business in the “deep end” before exiting the office using the original poolside ladders. The quirky set-up came to light after an employee from Luban Decoration Group, based in Chengdu, Sichuan province, southwestern China, posted a video online entitled “Swimming Pool Transformed into Office Space”. The clip quickly went...

Politics

1 week ago Hong Kong’s Link Asset Management cuts jobs amid retail headwinds

Hong Kong-based Link Asset Management has said it was “streamlining a small number of roles and positions” as part of an efficiency drive in response to a “challenging operating environment” amid reports that the firm was conducting lay-offs. Economists said the move by the firm, which owns 150 properties in Hong Kong, mainland China and other countries, could reduce costs and maintain profits amid the sluggish retail sector performance in the city. Link told the Post that its approach remained...

Politics

1 week ago Chip design software firms climb as US lifts curbs on China exports

Chip design software firms climb as US lifts curbs on China exports  Reuters

Events

1 week ago Chip design software firms rise as US lifts curbs on China exports

Chip design software firms rise as US lifts curbs on China exports  Reuters

Events

1 week ago ‘Better than expected’: Chinese firms in Vietnam upbeat over US tariff deal

Chinese manufacturers in Vietnam breathed a sigh of relief on Wednesday, after Washington and Hanoi agreed a “better than expected” trade deal that will reduce US tariffs to 20 per cent and bring an end to three months of uncertainty. Most Chinese exporters are likely to continue operating in the Southeast Asian nation in the wake of the agreement, with firms viewing the final tariff rate as manageable, analysts and businesspeople in the country told the Post. US President Donald Trump announced...

Economics

1 week ago PwC’s China Woes Hit Hong Kong Legal Affiliate, Partners Depart, Firm to Rebrand

PwC’s China Woes Hit Hong Kong Legal Affiliate, Partners Depart, Firm to Rebrand  Law.com

Economics

2 w. ago Tariff Fears Prompted Some Shoe Firms To Get Out of China Fast: But Did They Move Too Quickly?

Tariff Fears Prompted Some Shoe Firms To Get Out of China Fast: But Did They Move Too Quickly?  WWD

Economics

2 w. ago US Senate, passing Trump bill, bars energy tax credits for China

The US Congress is poised to bar companies with ties to China from gaining clean energy tax credits – a move that critics warn could jeopardise dozens of planned projects and freeze investment in a sector already struggling to decouple from the country. After an overnight series of amendment votes, the Senate on Tuesday passed its version of the One Big Beautiful Bill Act – which would also remove the decades-old “de minimis” trade rule that allows low-value packages to avoid duties and rigorous...

Politics