World News by Wild Rose

China’s expanding semiconductor industry is fuelling mounting anxiety in South Korea, where a new consultancy report has warned local chipmakers to defend profitability as Chinese rivals scale up production and strengthen market share. Samil PwC, the South Korean member firm of the global consultancy, said in a report made public on Monday that Chinese competition would likely heat up first in the areas of conventional memory, mature-node manufacturing, and packaging and testing. To stay ahead,...

China’s state-led funds stepped into the market with the heaviest buying since the April 2025 rout, as authorities ramped up efforts to stem a market freefall.

Chinese stocks are poised for further losses before valuations bottom, according to Morgan Stanley, as weak macroeconomic and consumption momentum continues to weigh on sentiment.

The appearance of K-pop singer G-Dragon on electronic billboards in major Chinese cities despite Beijing’s K-pop ban points at a contrast between political shadows clouding international relations and actual commercial linkages in East Asia. Amid tensions over Seoul’s military alliance with the United States and other issues, G-Dragon featured in eight McDonald’s products across more than 8,000 outlets in mainland China. The penetration and appeal of Korean cultural icons show how transnational...

Hong Kong’s major property developers are shifting investment in mainland China from residential projects to commercial assets, including hospitality, as weak home sales and fewer attractive investment opportunities prompt them to focus on existing properties, recurring income and debt reduction. “In recent years, after we recycled the capital from our projects, we haven’t really found many good opportunities on the mainland,” Stephen Ng, chairman and managing director of Wharf Holdings, said at...

A Chinese engineering company is on the cusp of partially restarting a massive Venezuelan power plant that’s been largely idle for years, a crucial step toward fixing the nation’s dilapidated grid.

China is challenging India’s long-held dominance of the African market for antimalarial drugs in 12 of the continent’s hardest-hit countries, according to a new study. Last year, Chinese exports of antimalarial drugs reached US$89.3 million, nearly matching India’s US$89.6 million, according to Indian market research company Sol Gravitas. The gap has closed significantly since 2021, when Indian exports stood at US$121 million compared with US$62.6 million for China. Separately, the study...

Commerce between the two countries reached almost $15 billion from May through to August, representing a nearly 24 per cent year-on-year increase.

France is “certain” that its push with Germany for a tougher EU China policy propelled Beijing to moderate its hybrid car exports, despite warnings from the Chinese capital that the pressure did not work. “I’m certain that it played a role, and it’s very important that the German and French engine, which is very essential to the future of Europe, starts again – and I think that’s going to be the case,” French Trade Minister Nicolas Forissier said as he arrived at a ministerial meeting in Dublin...

China and Europe should jointly introduce a system like the Carbon Border Adjustment Mechanism (CBAM), a levy on carbon-intensive imports designed to account for the carbon costs domestic producers face, which “applies against the rest of the world,” the co-chair of a global energy transition organisation says. “The biggest single thing which I would love China to do is to say, ‘We want to join with Europe in a climate club’,” said Adair Turner, co-chair of the Energy Transitions Commission,...

Beijing has told Brussels not to “fantasise” that pressure will extract concessions. This came after China made a goodwill gesture in the recent hybrid-car trade deal. The European Union responded by doubling down on a proposed trade “kill switch”. The instrument follows a Franco-German proposal. It would let the bloc swiftly restrict single-market access in response to economic coercion. EU chief Ursula von der Leyen says all 27 leaders back it. Chemicals and machinery are priority sectors....

Volvo Car Chief Executive Officer Håkan Samuelsson discusses the company's performance in the third quarter, the market in China, and cost-cutting measures. He speaks on Bloomberg Television. (Source: Bloomberg)

Osaka, Oct. 23 (Jiji Press)--A delegation of business leaders from the Kansai western Japan region will visit Beijing from Dec. 20 to 22 to meet with senior Chinese government officials, organizers have said. The visit is aimed at paving the way for strengthening economic ties with China at a time when relations between the two countries remain strained following Japanese Prime Minister Sana...

Desiree Bollier, Chair and Global Chief Merchant at luxury shopping complex operator The Bicester Collection, discusses the company's expansion plans in China. She speaks with David Ingles and Yvonne Man on "Bloomberg: The China Show." (Source: Bloomberg)

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

This month alone, Europe has threatened China with a trade “kill switch”, rebuked it in parliament, sent its trade commissioner on a much-trumpeted trip to Beijing and announced three new economic security instruments. The sequence exposed a European Union that has no clear goal on China, no hierarchy of priorities and has reached no agreement on what it wants from Beijing or on what it would pay to get it. China has built its European policy around this vacuum. Its method rewards patience:...

Less than two weeks after Brussels and Beijing struck a surprise deal to avert an escalating trade dispute, their fragile rapprochement has descended into a battle over who blinked first. In Brussels and Berlin, officials are emboldened by what they consider proof that collective EU pressure can force Chinese concessions. Rather than resting on their laurels, they are cooking up a fresh batch of trade restrictions. Beijing, on the other hand, has bristled at the idea that it can be strong-armed...

Beijing’s plan to recruit more tax officers next year is drawing attention from businesses and wealthy families as tax compliance rises up the policy agenda and authorities intensify enforcement efforts. China’s 2027 national civil service recruitment plan includes 24,013 tax-related positions, accounting for more than 67 per cent of all vacancies, up from over 65 per cent a year earlier. Most of the vacancies are at the State Taxation Administration’s local branches, which are recruiting staff...

China’s state-backed iron ore buyer and Rio Tinto Group have reached a multiyear agreement on supplies of the steel-making staple, adding to deals that the group has struck with leading global producers.

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

Alibaba Group Holding Ltd.’s shares suffered their steepest decline in two months as investors fretted over Chinese authorities’ push to tighten product-quality standards and strengthen consumer protection.

China’s mainland-listed shares are on track to enter a technical bear market as waning hopes for substantial stimulus, lackluster earnings and lingering jitters over the global artificial intelligence trade weigh on sentiment.

Japan and other major iron ore buyers risk becoming price takers as China’s state-backed purchasing company seeks greater influence over how the steelmaking ingredient is priced, according to consultant Wood Mackenzie Ltd.

Iron ore miner Fortescue Ltd. said a standoff with China’s state-backed buyer China Mineral Resources Group Co. may impact its full-year results, after quarterly shipments fell.

China's ambassador to Tanzania says two-way trade will pass Sh31 trillion (about US$12 billion) this year, a rise of about 4% on 2025. The post China Trade With Tanzania to Top US$12bn appeared first on The Rio Times.

Tesla has agreed a deal to integrate Chinese fintech giant Ant Group’s Alipay digital payment software into its vehicles in China, as Elon Musk’s firm steps up efforts to offer localised smart features amid intense competition in the Chinese market. The agreement, signed on Tuesday, will see Tesla roll out an Alipay-powered smart parking service across its Chinese fleet, according to the fintech firm. Neither side revealed a launch date or which car models would receive the feature, though...

The European Union is likely to avoid a full-blown trade confrontation with China due to internal divisions in the bloc and fear of retaliation, according to a prominent research firm. The projection comes amid speculation that the two sides are on the brink of a trade war, with European policymakers raising the alarm about a looming “China shock 2.0” and pushing for stronger measures to protect domestic producers from Chinese competition. But the bloc would “continue to pull its punches” in any...

China’s tax authorities are accepting reasonable explanations when enforcing new rules on offshore trust gains, according to an executive who says their appeal was successful, offering some reassurance as a 90-day grace period expires on Thursday. The approach appears to be translating into greater clarity from regulators. Earlier this week, the State Taxation Administration published a question-and-answer series that suggested Beijing was implementing the rules in line with international...

Starbucks Corp. will require customers to make a purchase to sit in its China cafes, part of a push to revive its fortunes in the competitive mainland market.

Malaysia is negotiating with Thailand, Laos, Vietnam and Cambodia to establish overland transit routes for fresh durian exports to China, according to Agriculture and Food Security Minister Mohamad Sabu. The minister said the move would reduce transport costs and improve access to the lucrative Chinese market. “Durian is a favourite among Chinese consumers, but they sometimes find it difficult to get the fruit at a more affordable price,” he said during parliament’s question and answer time on...