Shares in Germany’s Puma jumped sharply after China’s Anta Sports Products agreed to acquire a major minority stake in the European sportswear brand, marking one of the most significant outbound consumer sector investments by a Chinese company in recent years. Anta said it
China is seeking to deepen economic and political cooperation with the United Kingdom as British Prime Minister Keir Starmer visits Beijing this week, signalling a tentative reset in bilateral ties after years of strain. Chinese officials said Beijing is ready to enhance mutual
China and India have recorded a rare simultaneous decline in emissions from electricity generation, marking a turning point in the global power sector after decades of coal driven growth. Data from energy researchers shows that the two countries, which together account for the
China is escalating its use of mobility related measures as a tool of diplomatic signaling, with authorities renewing warnings against travel to Japan during the Lunar New Year while major airlines extend flexible cancellation policies on Japan bound flights. The advisory follows months
China’s outbound resource investment is accelerating as rising commodity prices reshape global consolidation patterns, with Zijin Mining agreeing to acquire Canadian miner Allied Gold in an all cash transaction valued at roughly US$4 billion. The deal reflects a broader shift among major mining
China has issued a renewed travel warning for Japan ahead of the Lunar New Year holiday period, adding a diplomatic dimension to what would normally be a routine consular notice. The advisory, released by China’s foreign ministry, urges citizens to avoid travel to
China’s state owned conglomerate Sinochem has signaled a willingness to recalibrate its role inside Italian tyre maker Pirelli as pressure mounts from European and US regulatory dynamics. Sinochem has confirmed it submitted a structured proposal aimed at resolving a long running governance dispute
China is preparing for a high profile state visit that underscores its evolving diplomatic and commercial engagement in Latin America, with Xi Jinping set to host Uruguayan President Yamandu Orsi in Beijing from February 1 to 7. The trip is Beijing’s first welcome
China’s rural banking system is increasingly exposed to the prolonged property downturn as lenders struggle to dispose of foreclosed real estate despite steep price reductions. Across less developed regions, banks have accumulated large inventories of seized residential and commercial properties following loan defaults
General Motors is moving production of its Buick Envision sport utility vehicle from China to the United States, marking a shift in how the automaker manages trade exposure and manufacturing geography. The Envision has been produced in China and exported to the US
