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New Business

Facing China’s solar power industry, EU advised to concede defeat

A group of French and German economists has urged Europe to identify which industries to support in the face of…

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New Business

US expanding ‘critical minerals’ roster to guide investment, reduce reliance on China

The US government has drafted an expansion of its critical-minerals list to head off what an official said were potential…

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New Business

China unveils new oversight guidelines seen as a strategic ‘anti-involution effort’

China’s top economic planner has unveiled new draft guidelines aimed at tightening oversight of government-backed investment funds, urging a sharper…

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New Business

Could old coal mines help ease China’s solar-panel overcapacity?

China leads the world in converting decommissioned coal-mining sites into solar power projects, a trend that promises to advance the…

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New Business

Opinion | Why China’s problem of cutthroat competition demands the world’s attention

When Joseph Schumpeter coined the term “creative destruction”, he might not have realised just how destructive unrestrained competition could be.…

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New Business

China releases plan aimed at upgrading IT manufacturers, boosting self-sufficiency

China has unveiled a detailed plan to upgrade its information technology (IT) manufacturers as it doubles down on achieving self-sufficiency…

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New Business

China’s trade with Asia could plug hole left by US tariffs, economists say

China’s growth could drop by as much as one percentage point this year if soaring US import tariffs hold up,…

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New Business

Jeffrey Sachs rejects US claims of Chinese overcapacity: ‘absolutely wrong’

A prominent American economist has dismissed claims China is deliberately cultivating industrial overcapacity as “absolutely wrong”, asserting the world needs…

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New Business

Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions

The use of the yuan in trade finance is gaining momentum as companies seek cost efficiencies and supply chain diversification…

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New Business

Opinion | Why Beijing must move on from ‘Made in China 2025’ success

“Made in China 2025” has been a success, resulting in a record trade surplus of nearly US$1 trillion in 2024.…

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