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Tags : Chinese


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China manufacturing shrinks for 4th month

Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world’s second-largest economy’s struggle to recover...

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Chinese EV giant BYD posts 24.4pc rise in profit

Leading Chinese automaker BYD posted on Wednesday a 24.4 per cent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets...

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Canada slaps 100pc tariffs on Chinese electric vehicles

Canadian prime minister Justin Trudeau announced Monday 100 per cent tariffs on Chinese electric car imports, matching US measures seeking to fend off a flood of Chinese state-subsidized cars into North America...

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Western hypocrisy in the global minerals scramble

WESTERN governments have finally realised that the energy transition is happening — and that the resources needed are mostly in Chinese hands. Transition minerals, by some dubbed the ‘new oil,’ are the key ingredients for renewables technologies like EV batteries, solar panels, and wind turbines that make the transition happen...

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Chinese cars make inroads in LatAm

Chilean truck driver Claudio Perez was dubious about his first purchase of a Chinese-made family car two years ago. But the price and quick delivery time convinced him, and now he is a convert...

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China targets dairy imports in latest barb in trade row

Beijing on Wednesday launched a probe into EU subsidies of some dairy products imported into China, the day after the bloc said it planned to impose five-year import duties of up to 36 per cent on Chinese electric vehicles...

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Panama dismantles ‘VIP’ migrant route

Panamanian border police arrested 15 people Wednesday connected to a criminal organization that helped smuggle Chinese migrants across the Darien jungle via a ‘VIP route’ with fewer challenges to traverse...

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Chinese leaders pledge further support for flagging economy

President Xi Jinping and other Chinese leaders stressed the need for further reform to support economic activity and the country’s ailing property sector, state media reported Tuesday, following a key meeting centred on boosting growth...

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Chinese assistance for dev to be focused: FM

Foreign minister Hasan Mahmud on Wednesday said that Chinese assistance for Bangladesh’s development would be focused during prime minister Sheikh Hasina’s state visit to China scheduled for July 8–11...

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BGMEA, Chinese businesses explore trade scopes

A business delegation from China, comprising representatives from leading garment and textile companies visited the Bangladesh Garment Manufacturers and Exporters Association on Tuesday...

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BYD to build 2nd EU unit

Chinese electric vehicle giant BYD is still committed to building a second factory in Europe and will roll out hybrid cars as the EV market slows down, a group...

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Improved Bangladesh lose series to Chinese Taipei

Forward Su Yu-Hsuan scored the winner as Chinese Taipei defeated hosts Bangladesh 1-0 in the second and final match of the their FIFA Women’s International Friendly series at the...