Global coffee chains are adapting their China strategies to navigate an intense price war led by domestic players like Luckin Coffee (LKNCY) and Cotti Coffee, as well as local chains using tech …
Australia news live: Penny Wong wins jet fuel pledge from China in Beijing visit; US lawmaker says Aukus price might go up
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China calls US hypocritical for expressing concern over Panama’s sovereignty
The U.S. State Department accused China of violating Panama’s sovereignty over a port dispute in the Central American nation, triggering another fierce back-and-forth on Wednesday as the Chinese …
Australian foreign minister says China has agreed to cooperate on jet fuel exports
By Lewis Jackson BEIJING, April 29 (Reuters) – The Chinese government has agreed to cooperate with Australian businesses on jet fuel shipments, Australia’s Foreign Minister Penny Wong said on …
China threatens action if EU does not revise new industry and tech rules
China will take countermeasures against the European Union and companies if substantial changes are not made to the EU’s proposed “Buy European” act and …
China again touts benefits of union with Taiwan, Taipei rebuffs
BEIJING/TAIPEI, April 29 (Reuters) – Taiwan’s economy would gain see unprecedented opportunities if it unites with China, Beijing said on Wednesday, stepping up a campaign to persuade Taipei to accept …
China suspends new autonomous vehicle permits after Baidu outage, Bloomberg News reports
China has suspended issuing new licenses for autonomous vehicles after robotaxis operated by Baidu’s Apollo Go abruptly stopped in Wuhan last month, Bloomberg News reported on …
China’s outstanding property loans down 3.4% on year at end of March
BEIJING, April 29 (Reuters) – China’s outstanding property loans stood at 51.7 trillion yuan ($7.57 trillion) at the end of March, down 3.4% year-on-year, the central bank said on Wednesday.
Is China’s economic resilience masking a real estate collapse?
China’s real residential property price index just hit a record low with 17 consecutive quarters of decline. In real, inflation-adjusted terms, home values are now below where they were in 2010, …
Armed with Govt missive, India’s APEDA poised to take up rice GMO issue with China
India’s APEDA plans to address China’s GMO rice rejection, backed by Environment Ministry and ICAR confirmation of non-GMO status.