Toyota, Honda and Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country’s growing importance as a manufacturing hub as Japanese automakers redraw …
Pakistan, China vow to deepen cooperative partnership
Pakistan and China have reaffirmed their resolve to further deepen the all-weather strategic cooperative partnership based on mutual trust, respect, and a shared vision for regional peace and …
China’s Shenzhou-20 return mission delayed due to space debris impact
The delay highlights the danger to space travel posed by increasing amounts of space debris and could disrupt the operation of the country’s space station Tiangong.
Global manufacturing rebounds in October; Asia leads as India, Thailand, Vietnam shine
Global manufacturing activity picked up pace in October, led by Asian economies such as India, Thailand, and Vietnam. Data from S&P Global showed that Asia’s manufacturing PMI (ex-China and Japan) hit …
China’s green bond market races ahead of global peers
Most of China’s large sustainable projects are not funded by green bonds. According to the People’s Bank of China, the country has Rmb43.51tn ($6.1tn) of outstanding green loans, compared with about …
China’s services growth hits three-month low in October, PMI shows
China’s services activity expanded in October but at its slowest pace in three months, as a decline in overseas orders offset the boost from improved domestic demand, a private survey released on …
China’s $470 Billion Oil and Gas Splurge Is Just the Start
Take Shell Plc, one of the world’s largest liquefied natural gas suppliers. It is investing billions into new LNG supply on the expectation that global demand will expand 60% by 2040, driven largely …
China cranks up pressure over Nexperia chips, European carmaker slams ‘zero autonomy’
China’s commerce ministry accused the Netherlands on Tuesday of not working with Beijing to resolve the dispute surrounding the Dutch government’s seizure of chipmaker Nexperia and warned of further …
European Union welcomes suspension of China’s rare earth controls
The European Union says it has reached an agreement with China to stabilize the flow of rare earth materials crucial for high-tech and military products.
Starbucks sells control of its stores in China to Boyu Capital
Starbucks announced Tuesday that it sold control of its stores in China to Boyu Capital for $4 billion. Starbucks will keep 40% and its intellectual property …