China’s exports unexpectedly fell in October, marking the first monthly contraction since March and underscoring the uneven nature of the country’s post-pandemic trade recovery. Data released by the General Administration of Customs on November 7 showed that exports, measured in U.S. dollar terms,
The United Kingdom has seized assets worth more than 27 million pounds, equivalent to around $35.4 million, from a Chinese businessman tied to Singapore’s largest money laundering scandal. The action, led by the U.K. National Crime Agency (NCA), marks one of the most
A sign of relief is emerging for the global semiconductor industry as the Netherlands’ economy minister announced that chip supplies from Nexperia’s Chinese factories are expected to resume soon. The statement suggests a possible easing of tensions in a dispute that has disrupted
A renewed sense of optimism is emerging in China–Canada business relations as recent high-level meetings between leaders of both nations signal the easing of years of diplomatic strain. Economic cooperation, particularly in energy and agri-food, is showing tangible signs of revival, with trade
China is preparing to introduce stronger judicial oversight on the seizure, impoundment, and freezing of assets by law enforcement, in a bid to safeguard property rights and reduce arbitrary interventions that have long worried private businesses. The proposal, included in the draft outline
China has unveiled a far-reaching plan to bring artificial intelligence deeper into its healthcare system, laying out a timeline that aims to connect elite hospitals and rural clinics through advanced digital technologies by the end of the decade. Announced on November 4, the
Chinese President Xi Jinping appears to be moving away from the confrontational “wolf warrior” diplomacy that once defined Beijing’s foreign policy approach, as China grapples with a slowing economy, weakening investor confidence, and growing international pressure. The shift signals a recalibration of China’s
Chinese online retailer Shein is facing a potential suspension in France after authorities launched an investigation into the sale of sex dolls, imitation weapons, and other restricted products on its platform. The move highlights growing scrutiny over cross-border e-commerce platforms and their compliance
Japanese power tool manufacturer Makita Corporation has announced plans to expand production in Thailand and Romania, aiming to supply more tools to the United States as it diversifies manufacturing away from China. The strategic shift highlights a growing regional realignment in global manufacturing,
Shares of Seres Group, the electric vehicle manufacturer partnered with Huawei, fell sharply in their first day of trading in Hong Kong, signaling investor caution toward China’s fast-growing yet increasingly competitive EV market. The lukewarm debut underscores challenges for new energy vehicle companies
