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Monday, December 2, 2024

China

Car Sales in China Decline, but Passenger Vehicle Sales See Growth

Beijing, October 13 (FinanceFlashNews.com) – Overall car sales in China experienced a slight decline in September 2024, but sales of passenger vehicles rose, supported...

China’s Growing Influence in the Global Uranium Market

September 15, 2024 – China's increasing reliance on nuclear energy and its potential expansion of its nuclear arsenal are having a profound impact on...

Chinese Authorities Fine PwC and Suspend Operations Over Evergrande Audit Scandal

Hong Kong, September 13 – Chinese authorities have imposed a six-month suspension on PwC’s operations and fined the auditing firm more than 400 million...

Car Sales in China Drop by 5% in August, Totaling 2.45 Million Units

Beijing, September 11 (FinanceFlashNews.com) – Car sales in China fell by 5% year-over-year in August, totaling 2.45 million units, according to data from the...

ASML Requires License for Servicing Certain Equipment in China

ASML now needs a license to provide parts and software updates for Chinese customers, following new export restrictions. These restrictions are part of coordinated efforts...

China Launches Anti-Dumping Investigation into Canadian Canola Imports

China initiated a one-year anti-dumping investigation into the import of Canadian canola, following Canada's decision to impose 100% tariffs on Chinese-made electric vehicles. Over 50%...

China’s Year-on-Year Inflation Reaches 0.6% in August

Consumer Price Index (CPI) rose 0.6% year-on-year in August, the highest in six months. Food prices jumped by 2.8%, mainly due to floods and heatwaves...

Passenger Car Sales in China Declined for Fifth Consecutive Month in August

Passenger car sales in China fell by 1.1% in August to 1.92 million units, marking the fifth straight monthly decline. Sales of electric and plug-in...

China Prioritizes Investments Over Debt Relief, Commits $50.7 Billion to Africa

NAIROBI/BEIJING, September 7 (FinanceFlashNews) – China has opted to focus on fresh investments rather than sweeping debt relief for African nations, announcing a commitment...

China Offers Over €45 Billion to Africa, Promises One Million Jobs

Beijing, September 5 (financeflashnews.com) - Chinese President Xi Jinping pledged on Thursday to ramp up China’s support for Africa, the world’s fastest-growing continent, with...

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