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China

Asia markets mixed as China’s June inflation data miss expectations

by Walter Watson
Asia markets mixed as China’s June inflation data miss expectations

General view of the financial district of Lujiazui in Pudong district in Shanghai on April 12, 2023. Hector Retamal | Afp | Getty Images Asia-Pacific markets are mixed ahead of …

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Huawei Ban in EU Opposed by China, ZTE Demands Equal Treatment

by Maya Ortiz
Huawei Ban in EU Opposed by China, ZTE Demands Equal Treatment

China firmly opposes some EU countries’ ban on Huawei and said the European Commission has no legal basis nor factual evidence to prohibit the Chinese telecom giant, a Chinese foreign …

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Moderna strikes deal to develop mRNA drugs in China

by Akin Smith
Moderna strikes deal to develop mRNA drugs in China

Nikos Pekiaridis | Nurphoto | Getty Images Moderna on Wednesday said it struck a deal with Chinese officials to research, develop and manufacture messenger RNA medicines in the country, despite …

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Xpeng (XPEV) shares jump as Chinese EV maker sees deliveries rise

by Horatio Thompson
Xpeng (XPEV) shares jump as Chinese EV maker sees deliveries rise

A XPeng Inc. G6 electric sport utility vehicle (SUV). The company is hoping the release of the new car will boost sales which plunged in the first quarter. Qilai Shen …

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China to see the world’s biggest millionaire exodus this year, study shows

by Franz Hernandez
China to see the world’s biggest millionaire exodus this year, study shows

Guests are seen in the J Hotel located in the Shanghai Tower, in Shanghai on June 23, 2021. Hector Retamal | Afp | Getty Images China, with the world’s second-largest …

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U.S. Treasury chief Janet Yellen pushes China over “punitive actions” against American businesses

by Walter Watson
U.S. Treasury chief Janet Yellen pushes China over “punitive actions” against American businesses

Beijing — U.S. Treasury Secretary Janet Yellen, in Beijing for meetings with top Chinese officials and American companies that do business in the country, said the U.S. welcomes healthy economic …

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Yellen’s visit to China is ‘crucial’ to U.S.-China engagement, professor says

by Vera Ward
Yellen’s visit to China is ‘crucial’ to U.S.-China engagement, professor says

U.S. Treasury Secretary Janet Yellen’s visit to China is “crucial” to ensuring that both countries continue talking to each other, said Eswar Prasad, an economics professor at Cornell University.  “The …

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