Featured World shipping costs surge amid market uncertainty Aya Anwar Jul 15, 2024 0 The Drewry World Container Index reported a spot rate of $9,387 on July 11, more than double February's rate but…
International News China registers record 4.397m NEVs in H1 ’24 Nada Ali Jul 8, 2024 0 China continues to lead the electric car revolution, with a record 4.397 million new energy vehicles (NEVs)…
Featured JPMorgan revises China’s economy ’24 forecast Aya Anwar May 23, 2024 0 JPMorgan revised their forecast for China's economy in 2024, projecting a growth rate of 5.2 per cent, up from…
Money Shanghai’s loans surge 7% in by end-Feb Nada Ali May 2, 2024 0 Shanghai's loans surged seven per cent year-on-year to 11.4 trillion yuan ($1.61 trillion) by February's end,…
Tech/AI Tesla global job cuts reach US, China Nada Ali Apr 16, 2024 0 Tesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering…
Featured Chinese authorities push Syngenta to withdraw $9b Shanghai IPO on market volatility Nada Ali Apr 4, 2024 0 Chinese authorities influenced Syngenta to withdraw its $9 billion IPO application in Shanghai due to concerns…
Industry & Trade Iron ore prices continue to fall on China demand fears Nada Ali Mar 13, 2024 0 Iron ore prices continued to decline due to concerns about China's economic outlook, with futures approaching $100…
Banks China’s weak local borrowing raises hope for more central aid Nada Ali Feb 26, 2024 0 China’s local governments are hesitant or unable to borrow more, despite pressure to boost growth, leading to…
Stocks China appoints Wu Qing as new chairman for securities regulator Nada Ali Feb 7, 2024 0 The State Council of the People's Republic of China appointed Wu Qing as the new chairman of the China Securities…
Money Nvidia’s China-specific AI chip to match Huawei’s pricing Aya El Sayed Feb 1, 2024 0 Nvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to match a…