Sinking fortunes: Hong Kong falls out of world’s top 10 busiest ports ranking for the first time as volumes slump

scmp.com Shanghai retained the top spot, a position it has held since 2010 when it overtook now second-placed Singapore. In total, six of the top 10 spots were held by mainland…

CMA CGM Outsources New Trans-Pacific Service to Atlas Air

benzinga.com Ocean shipping giant CMA CGM's startup cargo airline has hired U.S.-based Atlas Air to provide crews for the launch this year of a trans-Pacific route with new Boeing 777…

At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage'

finance.yahoo.com Wu Huazhan's Chinese television factory used to impose minimum orders to manage production efficiently. Times are now so bleak, it will take any order. Foshan Top Winning…

Treasury secretary Yellen calls Iran's actions 'malign and destabilizing'

fortune.com Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East as the Biden administration said it was readying…

China’s leaders are flailing as markets drop

economist.com In recent weeks, China’s economic policymaking has been not just inadequate but a little skittish. On January 23rd draft rules on video games disappeared from the…

Yellen warns of more sanctions in response to Iran's increasing activity

pbs.org Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won’t…

Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions

apnews.com Treasury Secretary Janet Yellen warned Tuesday of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't…

Former CNBCer Kemp launching BusiNext

talkingbiznews.com Ted Kemp, a former CNBC staffer in the U.S. and Singapore, has become chief editorial officer of BusiNext, a Middle East business news service based in Dubai launching later…

LOBO EV Received Strong Interest in its Solar-Powered EVs at 135th Canton Fair

benzinga.com WUXI, China, April 16, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. LOBO ("LOBO" or the "Company"), an innovative electric vehicle manufacturer and seller, today…

Uminers Initiates Construction of New Data Center in Ethiopia

beincrypto.com Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as…

Janet Yellen tackles China over flood of cheap goods

amp.cnn.com Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Janet Yellen has…

Asia markets sell off amid Iran-Israel tensions; China's GDP beats expectations

cnbc.com A batch of cars are ready to be shipped to overseas markets at the port of Taicang, Jiangsu province, China, April 9, 2024. Asia-Pacific markets sold off as the world awaits…

China’s home prices fall for 10th straight month in fresh alarm for stronger policy response, revival plans

scmp.com Prices weakened in 57 of the cities surveyed by the government, versus 59 in February. In the secondary market, prices of existing homes fell in 69 of the 70 cities, versus…

China’s gold markets under strain as horde of new buyers hunts for stable investment

scmp.com China’s gold markets under strain as horde of new buyers hunts for stable investment April has been a busy month for the Hualin International Jewelry Market in Guangzhou. A…

Tesla slashes price of its premium driver assistance option by half in U.S

cnbc.com Tesla said on Friday that it's cutting the subscription price of its premium driver assistance system for customers in the U.S. Marketed as its Full Self-Driving, or FSD,…

The Flying Car Revolution: 3 Soaring Stocks to Watch in the eVTOL Market

investorplace.com An aspect of future transportation will include eVTOLs In terms of green transportation, everyone talks about electric cars, but not many people appear to be thinking of…

2 New York airports now have the only 5-star terminals in North America

aol.com None Newark, LaGuardia, and JFK were ranked as the country's worst airports back in 2018. • None A $30 billion plan to upgrade the major New York and New Jersey airports has…

Smart Hong Kong Pavilion at the InnoEX 2024 will showcase over 100 I&T solutions benefitting citizens’ daily lives, demonstrating Hong Kong’s accomplishments…

scmp.com The Pavilion, focusing on Artificial Intelligence (AI), will feature six smart areas, namely, “Smart Living”, “Smart Mobility”, “Smart Environment”, “Smart People”, “Smart…

The International Image Film of Guangzhou Development District 2024 Officially Released to the Global Audience

benzinga.com GUANGZHOU, China, April 11, 2024 /PRNewswire/ -- On April 8, at the 10th Guangzhou Annual Investment Conference China and the Global Unicorn CEO Conference 2024, the new…

China's Xi Meets With Russian Foreign Minister In Show Of Solidarity Against West

zerohedge.com China's Xi Meets With Russian Foreign Minister In Show Of Solidarity Against West Authored by Dorothy Li via The Epoch Times, Chinese communist regime leader Xi Jinping met…

As China’s economy falters, so does the confidence of its middle class

nbcnews.com BEIJING — At a restaurant in the Chinese capital that serves up low-cost meals to seniors, much of the crowd these days is decidedly less than senior. For Wang Ran, a…

LOBO EV to Showcase Solar-Powered EVs at 135th Canton Fair

benzinga.com WUXI, China, April 10, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. LOBO ("LOBO" or the "Company"), an innovative electric vehicle manufacturer and seller, today…

Biden Doesn't Want Cheap EVs From China. What Does That Say About U.S. Climate Policy?

newsweek.com China wants to export its cheap electric vehicles to the United States. Is that a bad thing? It seems that way, according to U.S. Treasury Secretary Janet Yellen, who was in…

XPENG Expands Footprint with Entry Into Hong Kong and Macau

benzinga.com GUANGZHOU, China, April 10, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today…

Xpeng appoints Malaysian firm to sell its right-hand drive EVs in Hong Kong

scmp.com Sime Darby Motors, a unit of Kuala Lumpur-based automotive to property conglomerate, aims to open a flagship store in Hong Kong to sell Xpeng’s right-hand drive G6…

Crypto scammers ready ‘tools from science fiction’ to fleece investors, warns Hong Kong regulator

dlnews.com For all the cunning we’ve seen in crypto scams, it may be about to get a whole lot worse. That was the message delivered by Christopher Wilson, the executive director of…

What did Janet Yellen eat in China? The internet wants to know

scmp.com From her forays into Sichuan dumplings to Peking duck , mouth-watering chicken or twice-cooked pork, even Chinese politicians in the highest ranks of the Communist Party are…

The internet is obsessed with what Janet Yellen eats in China

nbcnews.com BEIJING — Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will…

China's BYD eyes luxury brands to boost profit margins

asia.nikkei.com GUANGZHOU -- Chinese electric vehicle leader BYD may have no choice but to turn to its luxury brands like Denza and Fang Cheng Bao to boost profit margins, amid a relentless…

Culinary Diplomacy: What's Janet Yellen Eating in China?

newser.com Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she'll eat next.…

From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China

apnews.com U.S. Treasury Secretary Janet Yellen and her team are leaving China and returning to Washington after trying to tackle the major questions of the day between the countries.…

U.S. ready to sanction Chinese banks if they aid Russia's war machine, Yellen says

cnbc.com The United States is prepared to sanction Chinese banks and companies, as well as Beijing's leadership, if they assist Russia's armed forces with the invasion of Ukraine,…

China Rebukes US 'Politicization' Of Trade Issues As Yellen Seeks 'Balanced' Economic Growth

zerohedge.com China Rebukes US 'Politicization' Of Trade Issues As Yellen Seeks 'Balanced' Economic Growth U.S. Treasury Secretary Janet Yellen arrived in China last Thursday for a 6-day…

Janet Yellen’s food tour in China sets social media ablaze, one year after she accidentally ate a psychedelic mushroom

fortune.com Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will eat next.…

Culinary diplomacy: The internet is obsessed with what Janet Yellen eats in China

apnews.com Ever since she ate mushrooms that can have psychedelic effects in Beijing last July, Janet Yellen has united Americans and Chinese in wanting to know what she will eat next.…

Yellen says she won't rule out possible tariffs on China's green exports

cnbc.com U.S. Treasury Secretary Janet Yellen on Monday said she would not rule out any measures, including potential tariffs, on China's green energy exports. "I wouldn't rule out…

US Won’t Allow Chinese Imports to Kill New Industries: Yellen

asiafinancial.com US Treasury Secretary Janet Yellen warned financial leaders in Beijing on Monday that the United States won’t accept new industries being destroyed by imports subsidised by…

What’s behind the U.S.-China spat over Chinese ‘overcapacity’ and its ‘existential threat’ to the world’s auto and other industries

fortune.com China’s burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet…

Russia, chopsticks, oversupply: Everything you want to know about Janet Yellen’s China visit

aol.com Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. US Treasury…

Will China flood globe with EVs, green tech? What's behind latest US-China trade fight

apnews.com China's burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet…

China's Didi, GAC Aion to mass produce robotaxis next year

finance.yahoo.com Chinese ride-hailing giant Didi Global said its self-driving unit's joint venture with EV maker GAC Aion has received a license to mass produce electric robotaxis in the…

Yellen says U.S. plans to ‘underscore’ need for China to shift policy

cnbc.com U.S. Treasury Secretary Janet Yellen attends a press conference at U.S. Ambassador's residence in Beijing on April 8, 2024. BEIJING — U.S. Treasury Secretary Janet Yellen…

Yellen meets with China's central bank chief, presses case on excess capacity

finance.yahoo.com U.S. Treasury Secretary Janet Yellen is set to wrap up four days of meetings in China with a visit to the central bank as she presses her case for Chinese leaders to rein in…

Yellen says 'tough conversations' needed on China's overproduction

aol.com said Sunday during her trip to Beijing that the U.S. and China have a "duty" to manage the complex relationship between the countries responsibly and raised concerns about…

U.S.-China relationship on 'more stable footing,' Yellen says, but more improvement expected

pbs.org U.S. Treasury Secretary Janet Yellen sent a message of mutual cooperation at a meeting Sunday with Chinese Premier Li Qiang, highlighting the improvement in relations since…

US-China Need ‘Tough’ Conversations, Yellen Tells Li Qiang

asiafinancial.com US Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang on Sunday and called for ‘tough’ conversations between Washington and Beijing to keep ties stable.…

The China pushback uniting major world powers

axios.com BEIJING, China — Treasury Secretary Janet Yellen has a growing set of allies working to slow the flow of cheap Chinese-made clean-tech products that they say are warping…

Yellen says US-China relationship on ‘more stable footing’ but more can be done to improve ties

theglobeandmail.com U.S. Treasury Secretary Janet Yellen sent a message of mutual cooperation at a meeting Sunday with Chinese Premier Li Qiang, highlighting the improvement in relations since…

US and China plan talks on economics, including manufacturing issue, Yellen says

abcnews.go.com U.S. Treasury Secretary Janet Yellen says upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put…

US, China need 'tough' conversations, Yellen tells Chinese Premier Li

investing.com U.S. Treasury Secretary Janet Yellen told Chinese Premier Li Qiang on Sunday that the ability to have difficult conversations has put the two economic superpowers on "a more…

Yellen says US-China relationship on 'more stable footing' but more can be done to improve ties

apnews.com U.S. Treasury Secretary Janet Yellen met Sunday in Beijing with Chinese Premier Li Qiang and sent a message of mutual cooperation despite the nations’ differences. Yellen…

Yellen Warns China: Hands Off Russia's War Efforts In Ukraine Or Face 'Significant Consequences'

benzinga.com The U.S. has warned of “significant consequences” if Chinese firms aid Moscow’s war on Ukraine, marking one of its sternest messages to Beijing. Following discussions in…

New US-China talks will address American complaint about Beijing’s economic model, Yellen says

bostonherald.com U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade…

Yellen presses China on its ‘potential to flood our markets with exports’

fortune.com U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade…