China is expected to introduce new evaluation criteria for three centrally-administered auto companies, reported Economic Observer on Saturday, a move that aims to encourage investment and mergers and accelerate the companies’ development in the new energy vehicle (NEV) sector. The new evaluation criteria for the three centrally-administered state-owned enterprises (SOEs) will include a range of […]

A recent theory claiming that a surge in China's exports has put "jobs around the world in jeopardy" reached its culmination after Chinese official data revealed that China's exports, measured in yuan terms, rose 10.3 percent year-on-year in January and February. Regardless of whether or not China's exports increase, Western media outlets can always find ways […]

China and Australia are making efforts to address mutual concerns through dialogue and consultation, which will help improve the momentum in bilateral relations, Wang Wenbin, a spokesperson of China's Ministry of Foreign Affairs, said at a routine press conference on Wednesday. Wang made the remarks in response to a media inquiry on whether the Chinese […]

China's central government has unveiled this year's GDP growth target, at about 5 percent, on par with last year's rate. The target has made market investors rejoice, giving them higher confidence in an across-the-board revival of China-related equities and other assets in the coming months. As expected, the country's A-share market has held on to […]

The Biden administration moved on Thursday to block Chinese-made electric vehicles from entering the US market, claiming that internet-connected EVs "pose risks to national security" because the vehicles' software systems could send sensitive information of American drivers back to China. Under Biden's direction, the US Commerce Department has commenced a probe into these "security risks," […]

The A-share market experienced a notable rebound on Thursday, with the Shanghai Composite Index (SCI) surpassing the 3,000-point threshold and all three major Chinese indexes ending the month on a positive note and breaking a six-month streak of losses. The rally came as the top securities regulator, the China Securities Regulatory Commission (CSRC), has taken […]

With the continuous improvement of living standards, the public is increasingly pursuing a higher quality of life, leading to continuous upgrades and the steady growth in hairdressing and household care products. According to a forecast by Mintel, by the end of 2027, the shampoo and hair care product market will grow at a compound annual […]

Taiwan Semiconductor Manufacturing Co (TSMC) officially opened Japan's most advanced wafer fab in Kumamoto on Saturday, Taiwan media outlets reported.  However, the plant, which has been long anticipated by politicians on the island of Taiwan and in Japan, may find it hard to bring the expected economic benefits to its parent company. Many believe the […]

The US' plan to invest billions in domestic manufacturing of cargo cranes to replace ones made in China due to so-called potential "national security risks" is absurd and unlikely to succeed, experts said. The Wall Street Journal reported on Wednesday that the administration of President Joe Biden plans to invest billions in the domestic manufacturing […]