Eurostat’s 2025 release shows a familiar and unresolved pattern in EU-China trade. The EU is buying more from China (+6%), selling less to China (-7%), and the deficit is widening (+15%), which demonstrates Europe still has not found an effective way to improve, or rebalance, its trade position.In line with earlier SOAPBOX projections, the EU’s…
BEIJING — China’s central bank and three other government departments have issued a guideline to establish a regular financial support mechanism to help prevent a relapse into poverty and advance all-around rural revitalization, the People’s Bank of China (PBOC) said on Saturday. The guideline, jointly released by the PBOC, the National Financial Regulatory Administration, the…
People wait outside the newly opened Anta sports store in Beverley Hills, California, on Friday. [Photo provided to chinadaily.com.cn] Chinese sportswear manufacturer Anta has opened its North American flagship store in Beverly Hills, California, a city renowned for its concentration of upscale brands. The 3,000-square-foot store is Anta’s first directly operated retail location in the…
BEIJING — China’s Ministry of Commerce on Friday urged efforts to restore the smooth, stable operation of the global semiconductor supply chain, after a Dutch court announced a ruling related to semiconductor manufacturer Nexperia. A spokesperson for the ministry made the remarks when asked to comment on the Dutch Enterprise Chamber’s recent decision to launch…
BEIJING — Chinese regulators on Friday released the latest list of domestic systemically important banks, consisting of 21 lenders. Among these are six State-owned commercial banks, 10 joint-stock commercial banks and five urban commercial banks, according to the list released by the People’s Bank of China and the National Financial Regulatory Administration. The regulators divided…
Listen closely — before the wind settles, the sound of camel bells rings from afar. With the first light of the Chinese New Year, a digital celebration of Chinese civilization slowly unfolds. Following Arts from the East, which uses technology to bring traditional crafts to life and explores new ways of cultural communication, Kunlun, a…
With favorable government policies, high-quality talent and an innovative market, German optics giant Zeiss Group is optimistic about the Chinese market, and will continue to invest in the country, said its top executive. Zeiss recently kicked off construction of Zeiss Greater China headquarters campus in Shanghai, marking the largest single infrastructure investment that it has…
Net inflows of foreign direct investment to China quadrupled in 2025 according to balance-of-payments data, official figures showed on Friday, signaling a structural improvement in inbound investment and renewed confidence in China’s long-term growth prospects. Preliminary balance-of-payments data from the State Administration of Foreign Exchange showed that China recorded an increase of $76.5 billion in…
ZHANG CHENGLIANG/CHINA DAILY Spring Festival is the same yet different, shaped by where you come from — not only within China, but around the world.… Read More »A time for discovery – Chinadaily.com.cn
China has rolled out its first nationwide price compliance rules for the auto sector, drawing clear legal red lines across the entire auto industry chain to prevent price wars in the world’s largest vehicle market. The State Administration for Market Regulation launched on Thursday an automotive industry pricing conduct compliance guideline, which includes 28 articles…