computers and other products are made in Taiwan, South Korea and China. Last week, Intel announced plans to pour $20 billion into expanding production, building two new factories in Arizona. The …
Fonterra completes sale of two China farms
As announced in October 2020, the sale of the farms to Inner Mongolia Youran Dairy Co., Ltd (Youran … As we’ve seen from our recent FY21 interim financial results, our China business is performing …
Philippines patrol images show Chinese ships around disputed Spratly Islands
Images from a recent Philippine military aerial patrol show several reefs in the disputed Spratly Islands in the South China Sea, where over 200 Chinese ships are scattered. China has claimed the …
China’s central bank warns of a swath of financial risks, including potential defaults
The detailed comments mark the latest warning from high-level officials in China in the last several weeks about domestic market risks.
China butchers Aesop fable in latest act of wolf-warrior diplomacy
Chinese embassy in Ireland Twitter account riffs on fable Wolf and the Lamb, with onlookers asking, ‘Who is the wolf?’ …
Exclusive: Volkswagen to buy credits from Tesla in China to comply with environmental rules – sources
BEIJING (Reuters) – A Volkswagen joint venture in China has agreed to buy green car credits from Tesla to help meet local environmental rules, three people briefed on the matter told Reuters. Load …
China chemical merger to create group with $152bn sales
Shares in Sinochem International rose by their 10 per cent maximum daily limit on Thursday after the company’s parent, China’s largest chemical group, won approval to merge with its main domestic …
China and Iran announced a new economic and security partnership. That’s not as alarming as it sounds.
Chinese Foreign Minister Wang Yi was in Tehran to sign a 25-year partnership deal between China and Iran. The deal, according to a leaked draft, outlines plans for economic, political and security …
Facing Boycotts H&M and Nike Are Learning the New Price of Doing Business in China
The latest drama surrounds Nike, H&M and a slew of other Western clothing brands that voiced concern over reports of widespread human-rights abuses of the Muslim ethnic minority Uighurs by the Chinese …
China Approves Merger of Chemical Giants, Creating $150 Billion Company
China approved a merger between the country’s top two chemical companies, paving the way for another supersize state-run enterprise that Beijing hopes will become a dominant global player. Sinochem …