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Tuesday, December 3, 2024

China

China’s services sector expands at fastest pace in 10 months

Beijing, June 5, 2024 (Financeflashnews) - Activity in China's services sector accelerated to a ten-month high in May, driven by a surge in new...

Beijing Tightens Trade Controls with Russia Amid US Sanctions Fears

Beijing, May 18, 2024 (Financeflashnews ) - Even military aid comes at a price. Chinese banks are tightening controls on trade with Russia to...

Tesla accelerates layoffs in China after sales slowdown: What’s going on?

Shanghai, May 9, 2024 - US automaker Tesla is cutting jobs in China in response to declining sales. According to sources familiar with the...

China’s March oil imports from Russia near record high: Reuters

Beijing/Moscow, April 21 (Reuters) - Russia remained China's top oil supplier in March, with imports of Russian oil near a record high, according to...

German Carmakers Reject EU Tariffs on Chinese Electric Cars, Fearing Trade War and Impact on EV Transition

Berlin, April 13, 2024 - The German automotive industry is strongly opposed to the European Commission's proposal to impose punitive tariffs on electric vehicles...

Electric Cars: China and the US Accelerate, Europe Slows Down

The global electric vehicle market continues to grow dynamically. Sales of these vehicles in March 2024 increased by 12% compared to the same period...

U.S. Airlines Battle China Over Flights

Washington, D.C., April 12, 2024 – U.S. airlines are complaining about unfair competitive practices by China in the aviation sector. They allege that China...

Chinese and Hong Kong Stock Markets Lose Nearly $5 Trillion in Value

Beijing/Hong Kong (TASR) – Stock markets in China and Hong Kong have experienced a dramatic fall in the past three years, with their value...

Dutch Chipmaker ASML at Center of US-China Geopolitical Battle

Washington, April 4 - The US government is trying to convince ASML, a major chipmaker based in the Netherlands, to curtail its activities in...

Chinese Company Buys License to Produce Flying Car

A Chinese company has bought the license to produce a flying car, a hybrid vehicle that can drive on roads like a regular car...

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