China’s chip imports slumped 27% in the first two months of 2023 by volume, according to China’s customs data published on Tuesday, reports the South China Morning Post. China imported 67.6 billion integrated circuits (IC) in January and February, down 26.5% from the same period last year, according to data released by the General Administration of Customs. […]
Category: Economics & Trade
Chinese companies, particularly those in the fields of electric vehicles (EVs) and consumer products, will increase mergers and acquisitions (M&As) activity in 2023 to boost scale and enhance profitability following the reopening of China’s economy, according to Bain & Company, reports the South China Morning Post. A survey of 2,800 Chinese firms by Bain conducted […]
Brazil’s beef exports to China will be halted starting Thursday after a case of mad cow disease was confirmed in the northern state of Para, the country’s agriculture and livestock ministry said on Wednesday, reports Reuters. The suspension is part of an animal health pact previously agreed between China and Brazil and is expected to […]
German exporters’ hopes of a revival in trade with China after Beijing abruptly dismantled its strict “zero-COVID” policy in December failed to materialise at the start of the year, federal statistics office data showed on Tuesday, reports Reuters. Exports to China fell by 7.1% in January compared with the same month last year, to €7.4 […]
Last week was dominated by the Chinese balloon that waltzed across North America before being shot down, and most of THIS week has been taken up with ponderings about whether or not three other balloons shot down subsequently were also from China, or from another galaxy. Answer: no to both. But both houses of Congress […]