EU’s Duties on Chinese EVs Could Backfire, Experts Warn
Experts warn that the European Commission’s plan to impose duties on Chinese electric vehicles could harm EU citizens and backfire on Europe’s automotive industry.
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China Denounces EU’s Anti-Subsidy Duties on Electric Vehicles as ‘Protectionist’
The Chinese mainland rejects the EU’s imposition of anti-subsidy duties on China-made electric vehicles, calling it a ‘protectionist’ move, and files a lawsuit with the WTO.
China Rejects EU’s Tariff Decision on Chinese Electric Vehicles
China has expressed disapproval of the European Commission’s decision to impose extra tariffs on Chinese-made electric vehicles, calling it irrational and protectionist.
Analysts Urge Stronger Fiscal Measures to Boost China’s Economic Demand
Analysts from China Finance 40 Forum urge policymakers to accelerate interest rate cuts and increase government spending to stimulate demand and bolster economic growth.
Very Optimistic About China’s Long-Term Prospects: IHG
Lu Haiqing, global vice president of IHG Hotels & Resorts, expresses strong optimism about China’s long-term prospects, citing the nation’s emphasis on stability as a key factor for business confidence.
Hong Kong Unveils Responsible AI Policy to Boost Fintech Growth
Hong Kong unveils a new policy on responsible AI in finance, aiming to boost fintech development while managing risks. Key initiatives include asset tokenization and cross-border partnerships.
China and Zambia Mark 60 Years of Diplomatic Relations
October 29 marks the 60th anniversary of diplomatic relations between China and Zambia. Zambia shares a deep and longstanding friendship with China.
60 Years of China-Zambia Ties: A Lasting Friendship Celebrated
October 29 marks the 60th anniversary of diplomatic relations between China and Zambia, highlighting a longstanding friendship exemplified by the Tanzania-Zambia Railway.
Chart of the Day: 60 Years of China-Zambia Ties
October 29 marks the 60th anniversary of diplomatic relations between China and Zambia. As the first southern African country to establish ties with China, Zambia’s friendship with China is longstanding and deep.
Guizhou Launches First Direct Export of New Energy Buses to Laos via China-Laos Railway
Guizhou Province has initiated its first direct export of locally produced new energy buses to Laos via the China-Laos Railway, marking a significant step in regional trade and cooperation.
Asset Managers Launch New AI-Focused ETFs Amid Growing Investor Interest
Asset managers are launching new AI-focused ETFs to tap into investor enthusiasm, offering fresh opportunities despite uncertainty over long-term industry leaders.
136th Canton Fair’s Second Phase Wraps Up with Record-Breaking Exhibits
The second phase of the 136th Canton Fair concluded with record-breaking exhibits and participation, highlighting innovative home products and strengthening international trade connections.
China Warns EU: Separate EV Price Talks Will Harm Mutual Trust
China warns that the EU’s separate price commitment talks with individual Chinese EV firms could harm mutual trust and disrupt negotiations, urging for a coordinated approach in trade discussions.
China’s 2nd CISCE Expands with 32% Overseas Exhibitors
China’s 2nd CISCE will feature 32% overseas exhibitors, marking a 20% rise. The expanded event aims to promote international cooperation in industrial and supply chains.
Global Business Leaders Gather in São Paulo for B20 Summit on Inclusive Growth
Over 1,000 business leaders from G20 nations gathered in São Paulo for the B20 Summit. Focusing on ‘Inclusive Growth for a Sustainable Future,’ the summit provided a platform for discussing shared objectives.
ABB Group Reinforces Commitment to Chinese Market with Continued Investment
ABB Group reaffirms its commitment to China with plans for continued investment, having already invested $1 billion over the past decade, as overseas enterprises expand their presence in the country.
China Confident in Achieving 5% Annual GDP Growth Target
China is confident in achieving its 5% annual GDP growth target, with Vice Minister of Finance Liao Min outlining measures to strengthen fiscal policies and stimulate the economy at a recent World Bank meeting.
China’s Industrial Profits Hit 5.23 Trillion Yuan, High-Tech Sector Shines Amid Decline
China’s major industrial enterprises reported profits of 5.23 trillion yuan in the first three quarters, with high-tech manufacturing leading growth despite an overall decline.
Meet China Episode 5: A Journey Through Flowers, Mythology, and Chengdu’s Delights
Explore China’s rich culture in ‘Meet China’ Episode 5, featuring the flourishing flower industry, filmmaker Wuershan’s revival of mythology, and a 72-hour journey through Chengdu’s delights.
China Sees Surge in Outdoor Sports Enterprises with Over 2,500 New Companies in 2023
Over 2,500 new outdoor sports enterprises were established in China in 2023, marking a 16.94% increase. Total enterprises now at 61,000, highlighting the country’s growing enthusiasm for outdoor activities.