China Business & Economy

The International Energy Agency says electric vehicle sales are expected to reach 23 million this year despite a slump in the first quarter.

Foreign investors trimmed U.S. Treasury exposure during a volatile month for global markets.

The U.S. met coal producer reported a $18.3 million loss as weak global steel prices weigh on demand and margins.

Foreign investors will likely be scared off after Beijing blocked Meta’s $2 billion acquisition of an AI startup based in Singapore, analysts say.

German Finance Minister Lars Klingbeil has urged the G7 to urgently diversify to counter China’s dominance in rare earth supplies.

Retail sales and industrial production missed expectations while investment moved back into negative territory.

Wodian Tech promised shared prosperity through rebates but faces allegations of frozen funds, forced debt swaps, and heavy losses for small merchants.

The two leaders also discussed artificial intelligence and possible cooperation on AI safety rules.

China also wants the United States to recognize the coastal Chinese province of Shandong as a ‘bird flu-free zone.’

Analysts say the fare increase on China’s busiest bullet train reflects pressure from the Strait of Hormuz closure, which has reduced oil flows to a trickle.

Beijing promotes a new elder care initiative as analysts warn fiscal strain and stark urban-rural pension gaps are reshaping elder care.

One protester accused the company of trying to avoid legal compensation obligations by making working conditions intolerable.

The company swung to an operating loss as heavy spending on AI and cloud computing weighed on profitability, despite revenue growth.

China’s share of the global commercial shipbuilding market rose from less than 5 percent of global tonnage in 1999 to over 50 percent in 2023, a report found.

The competition for spots at a vocational-level barbecue school in Hunan is a stark sign of job-market strain, said one economist.

Paris is calling for tougher EU sanctions on foreign marketplaces after tests revealed dangerous and illegal products.

As Trump prepares to visit Beijing, insiders say growing concerns over Iran and global energy security have moved ahead of trade on the summit agenda.

In Washington, federal courts have been handling parallel lawsuits with Temu and Shein since 2023.

Beijing’s ‘industrial policy of everything’ risks eroding G7 manufacturing competitiveness by up to $650 billion by 2030.

‘Economic security is national security,’ U.S. Treasury Secretary Scott Bessent said as he announced plans to meet Chinese Vice Premier He Lifeng on May 13.