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...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...“They will be a significant player in the market, but it will . . . take time for there to be a genuine international interest.”...
...The US is pushing allies in Europe and Asia to tighten the restrictions, following the debut of an advanced chip by Chinese mobile phone maker Huawei and chipmaker Semiconductor Manufacturing International...
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Property developers in China typically sell homes before they are completed....
...As Marco Forgione, director-general of the Institute of Export & International Trade, pointed out, for SMEs an additional £145 per consignment “might mean their entire profit being wiped out completely”....
...Its rise, however, comes at a time of international scrutiny of Chinese industry, as well as security concerns over China’s technological and supply chain supremacy....
...for international travel....
...Owen estimated that ecommerce made up about half of the air freight that Cathay Cargo shipped through Hong Kong, adding that the company had accelerated investment in ecommerce and southern China to keep...
...Once a laggard in the auto world, China is using its lead in battery technology and knowledge of carmaking gleaned from international manufacturers to produce next-generation EVs, which have been designed...
...“The two sides are willing to strengthen communication on international and regional hot issues,” China said. Additional reporting by Wenjie Ding in Beijing...
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...The BHP offer hinged on exiting two of the company’s prized South African assets, which have been laid low by the country’s rolling blackouts and freight chaos in getting iron ore to world markets....
...Separately, US President Joe Biden warned Beijing against meddling in the South China Sea, while the US, UK and Australia are considering expanding their security pact as a bulwark against China....
...The bottom line is that each state can prudently co-operate more ambitiously with states with which they have more in common and fear least. This points to a world of concentric co-operation circles....
...Vanke, the second-largest developer in China by sales, is state-backed and had retained investment-grade ratings despite a wave of defaults in the sector since the 2021 collapse of China Evergrande....
...“The Red Sea is an important international trade route,” a ministry spokesperson said on Thursday, adding that China would “strengthen co-ordination with relevant departments, closely follow the developments...
...The company’s international bonds have lost almost all of their value....
...Around that time, fellow developer Country Garden, until recently the largest developer in mainland China by sales, began to miss payments on its international bonds....
...Samsung and LG declined to comment on their co-operation....
...Despite consumers increasingly opting for more expensive devices that they hope will last longer, Apple has experienced a slump in iPhone sales in China....
...“Macau is doing amazingly well,” said Bill Hornbuckle, co-chair of MGM China, which last month reported its highest quarterly adjusted earnings before interest, tax, depreciation and amortisation, on an...
...Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand....
...Tesla has offered several rounds of price cuts in China last year. Evergrande, clearly, has its own particular issues....
Even the IMF underestimates the industry’s heft, according to JPMorgan
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