[ad_1] GUANGZHOU, China — Meituan shares surged over 9% on Monday, main China know-how shares larger, after the meals supply big was slapped with a superb on account of an antitrust probe. On Friday, China’s State Administration for Market Regulation (SAMR) said Meituan abused its dominant position within the nation’s on-line meals supply market. The … Read more
[ad_1] The government is mulling delaying the imposition of customs duty on imported solar equipment or allowing extension of deadline for completion of domestic solar projects which are facing supply uncertainties from vendors in China, power and renewable energy minister RK Singh told ET. “We have received a demand saying there is this problem (Chinese … Read more
[ad_1] Commodity buyers ought to keep diversified as China’s power crunch roils international power and supplies costs, one market analyst says. Although exchange-traded fund consumers have poured practically $12 billion into China-based ETFs this 12 months, attempting to revenue from one piece of the disaster is probably not the perfect technique, ETF Developments’ Dave Nadig … Read more
[ad_1] An indication of Swiss banking large UBS is seen at a department in Zurich on October 26, 2018. Fabrice Coffrini | AFP | Getty Pictures Analysts at UBS have tackled buyers’ “most tough questions,” looking for to elucidate a variety of topics together with Chinese language regulation, inflation and which sectors are more likely … Read more
[ad_1] A summit between U.S. President Joe Biden and Chinese language President Xi Jinping might be the one strategy to discover a path ahead within the strategic competitors between the world’s prime two economies, a former White Home official stated Thursday. Evan Medeiros, who was former President Barack Obama’s prime advisor on Asia-Pacific, stated solely … Read more
[ad_1] Xi Jinping, basic secretary of the Communist Celebration of China CPC Central Committee, Chinese language president and chairman of the Central Navy Fee, delivers an necessary speech at a ceremony marking the a hundredth anniversary of the founding of the CPC in Beijing, capital of China, July 1, 2021. Ju Peng | Xinhua Information … Read more
[ad_1] U.S.-China talks can be “extraordinarily powerful sledding,” however reengagement is the right technique to take, in line with a vice chairman and managing director of a U.S.-based suppose tank. Wendy Cutler of the Asia Society Coverage Institute’s feedback got here after U.S. Trade Representative Katherine Tai on Monday said she is looking forward to … Read more
[ad_1] Staff minimize up coal carts in Dec. 2019 at a coal mine in Mentougou, west of Beijing, the place many mines have been shut as China scrambles to chop carbon emissions. Greg Baker | AFP | Getty Photos China must bolster its coal provide to keep away from an financial slowdown this quarter, however … Read more
[ad_1] U.S. Commerce Consultant Katherine Tai testifies earlier than the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Associated Companies throughout a listening to on the proposed finances for fiscal yr 2022 for the Workplace of the U.S. Commerce Consultant on Capitol Hill on April 28, 2021 in Washington, DC. Sarah Silbiger | Getty Photographs … Read more
[ad_1] U.S. Commerce Consultant Katherine Tai will announce Monday that China isn’t complying with the so-called part one commerce deal reached beneath former President Donald Trump’s administration, sources accustomed to the matter advised CNBC’s Kayla Tausche. Below the settlement, China was supposed to buy a further $200 billion in U.S. items over a two-year interval, … Read more