The latest read on China’s housing market came in weaker than expected. New-home sales from the country’s 100 largest developers slid to 339 billion yuan ($47.3 billion) in June, marking a 23% drop …
US military issues update on China’s Rocket Force threat
Senior Pentagon officials are increasingly concerned by China’s advancing hypersonic and nuclear capabilities.
China coffee giant Luckin opens its first U.S. stores in New York City
The Starbucks rival opened its first two stores in New York City on Monday, as the Xiamen-based coffee purveyor sets out to expand its market and garner favor with U.S. customers. The two Manhattan …
Look out, Starbucks: Luckin Coffee, the biggest coffee chain in China, is opening its first U.S. locations
Luckin Coffee, the largest coffee chain in China, has opened a pair of locations in New York. And that could put an added emphasis on Starbucks’ ongoing turnaround plans, as Luckin has grown to …
China lifts a nearly 2-year ban on seafood from Japan over Fukushima wastewater
China has reopened its market to seafood from Japan after a nearly two-year ban over the discharge of slightly radioactive wastewater from the tsunami-destroyed Fukushima nuclear power plant.
There’s a Race to Power the Future. China Is Pulling Away.
Beijing is selling clean energy to the world, Washington is pushing oil and gas. Both are driven by national security.
Nepal to export buffalo meat to China as part of Rs27bn project
IF all goes as planned, Nepal will begin exporting buffalo meat to China next June, with a daily target of 5,000 tonnes, according to meat industry representatives.
China’s weak factory activity maintains pressure for more stimulus as tariff risks weigh
China’s manufacturing activity shrank for a third straight month in June, though at a slower pace, as increases in new orders, purchasing volumes and supplier delivery times signalled that policy …
China’s Zijin buys Kazakhstan gold mine for $1.2B ahead of overseas unit’s Hong Kong listing
China’s Zijin Mining (OTCPK:ZIJMF), one of the country’s largest miners of gold and copper, has struck a deal to buy the Raygorodok Gold Mine in Kazakhstan for $1.2 billion. The deal comes ahead of a …
Trump’s Tariffs May Push This American Company to Move Jobs to China
The experience of a company in the textile business illustrates how the trade war could force some industries to shift production out of the United States.