Tag: China
Mercedes operating profit down 48 percent in the quarter due to...
German luxury carmaker Mercedes-Benz's earnings before interest and tax fell 48 percent year-on-year to 2.52 billion euros. This was mainly due to a weak...
China investigates Canadian canola imports in response to Canadian EV tariffs
China will launch an anti-dumping investigation into Canadian canola imports. Its exports to China have increased significantly and are sold at prices below the...
US was Germany’s largest trading partner in the quarter, surpassing China
The United States surpassed China in the first quarter to become Germany's largest trading partner. This is according to Reuters calculations based on data...
Binance crypto exchange founder Changpeng Zhao sentenced to four months
Changpeng Zhao, founder and former CEO of cryptocurrency exchange Binance, has been sentenced to four months in prison for facilitating money laundering on the...
Chinese smartphone manufacturer Xiaomi increased sales by 11 percent thanks to...
Chinese smartphone manufacturer Xiaomi increased fourth-quarter sales 10.9 percent year-on-year to 73.24 billion yuan, beating estimates. It was helped by stronger demand at a...
Apple’s smartphone sales in China down 24 percent at the start...
Apple's smartphone sales in China fell 24 percent in the first six weeks of this year. The US firm has fallen to fourth place...
ADP does not expect Chinese air traffic to return to pre-pandemic...
French airport operator ADP does not expect Chinese air traffic to return to pre-Covid-19 levels this year, citing subdued demand and slow economic growth...
Car exports from China rose sharply last year
China's total car exports rose 58 percent to 4.9 million vehicles last year. Deliveries to the Russian market, from which a number of Western...
Oil prices rise as China tries to ease concerns about its...
Oil prices are up more than a percent today after falling for three consecutive days. China's central bank is trying to boost the property...
Car sales in China fell for the second month in a...
Interest was not raised even by discounts
Passenger car sales in China fell 2.6 percent year-on-year to 1.79 million vehicles in July. It decreased for...























