Faded Sun Art Seeks To Shine Again In China's Changing Grocery Market

benzinga.com Sun Art lost 1.7 billion yuan in its latest fiscal year, as it tries to overhaul its business in the face of competition from grocers with stronger online components • The…

Trading the dragon: Chinese stocks are ‘second-half story’ for Deutsche while Lombard Odier sees safer bets in proxies

scmp.com Trading the dragon: Chinese stocks are ‘second-half story’ for Deutsche while Lombard Odier sees safer bets in proxies The erratic performance of is not giving investors the…

Huize Partners with Aviva-COFCO to Launch "Fu Man Jia"

benzinga.com SHENZHEN, China, April 17, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited ("Huize", the "Company" or "we") HUIZ, a leading insurance technology platform connecting…

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…

Russia and China trade new copper disguised as scrap to skirt taxes, sanctions

finance.yahoo.com Russian Copper Company (RCC) and Chinese firms have avoided taxes and skirted the impact of Western sanctions by trading in new copper wire rod disguised as scrap, three…

China’s ‘iPhone City’ wants homeowners to trade-in their assets to revive market

scmp.com For a start, a local-government entity will buy 5,000 units of homes and renovate them for reselling at a later date, according to the plan unveiled earlier this month. The…

What China’s EV buyers’ remorse means for the world

semafor.com The News China is the most important country in the world when it comes to the future of electric vehicles: It accounts for about 60% of all global EV sales, its market for…

Spotlight, BMW’s China venture, to assemble EVs including Mini cars for consumers worldwide

scmp.com “Except for markets that levy unreasonably high tariffs [on Chinese-made EVs], Spotlight is designing and building cars for customers all over the world,” Zhang said on the…

China’s Suzhou city plans to become cross-border e-commerce hub

scmp.com If Suzhou can double its e-commerce exports and imports every year, the city’s annual turnover would amount to 150 billion yuan (US$20.7 billion) by 2026. Local officials…