Rising global oil prices have begun seeping into the domestic economy, squeezing margins for manufacturers dependent on imported raw materials.
China’s industrial profit growth quickens even as Iran war heightens risks
BEIJING, April 27 (Reuters) – Profits at China’s industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as …
The Iran war has the world buying more clean energy. China stands to benefit the most
The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China.
DeepSeek unveils new AI model tailored for Huawei chips as China pushes for tech autonomy
By Eduardo Baptista, Ethan Wang and Che Pan BEIJING, April 24 (Reuters) – DeepSeek, the Chinese startup whose low-cost AI model stunned the world last year, launched on Friday a preview of a highly …
PBOC vows to curb ‘involution-style’ competition in China’s financial sector
China’s central bank is moving to tighten discipline across the nation’s financial landscape, explicitly calling out “involution-style”, or excessively distorted competition, as a primary governance …
Analysis-Under cover of trade truce with Trump, China expands economic pressure toolkit
Washington has applied its own pressure, launching trade probes into excess industrial capacity and the use of forced labour in China in March, on top of export restrictions on semiconductors and …
How China has expanded its economic toolkit during its trade truce with the US
By Mei Mei Chu BEIJING, April 27 (Reuters) – China has used its trade truce with the United States to broaden its legal leverage, supply chain and critical technology controls, and expand its toolkit …
Why Shenzhen may be first to climb out of China’s property slump
Shenzhen’s housing inventory drops to a seven-year low, offering an early signal that China’s property downturn may be nearing a turning point Shenzhen’s residential inventory has fallen to a …
China Formalizes Labor Rules for Gig Workers on Online Platforms
China formalized its first comprehensive policy framework for “new employment groups,” including delivery riders and livestreamers, signaling a shift from ad-hoc regulation to normalization of the …
China’s Hengli Petrochemical denies trade with Iran in response to US sanctions
BEIJING, April 26 (Reuters) – Hengli Petrochemical, one of China’s largest independent refiners, denied trade dealings with Iran after the United States imposed sanctions on one of its subsidiaries …