BEIJING — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years. “This … Read more
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international … Read more
China and New Zealand flags. Andrea Verdelli | Getty Images News | Getty Images China and New Zealand are working toward implementing an upgraded version of the free trade agreement between the two countries. Chinese Foreign Minister Wang Yi said Monday the two countries should kick off negotiations on the negative list of service trade … Read more
MANILA, Philippines — Secretary of State Antony Blinken will underscore Washington’s “ironclad commitment” to its alliance with the Philippines on Tuesday, as clashes between Chinese and Filipino forces in the disputed South China Sea turn more hostile, the U.S. State Department said. Blinken, the latest high-level official to visit the U.S. treaty ally, met his … Read more
BEIJING, CHINA – MARCH 04: Chinese national flags flutter at the Great Hall of the People as the second session of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) opens on March 4, 2024 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images … Read more
Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more
Chinese automakers are starting to equip electric cars with camera drones. For now, this drone integration is aimed at content creators who want to collect videos of themselves driving. These systems typically enable one-click filming of a moving vehicle, with the action viewable live on the car’s interior display as well as recorded for posterity. … Read more
High-rise residential and commercial buildings are being constructed near Dongyu Road, Qiantan, in the Pudong New Area of Shanghai, China, on March 15, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s economic data for the first two months of the year beat analysts’ expectations on Monday. Retail sales rose 5.5%, better than the … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings … Read more
Visitors are visiting TikTok’s stand at the Appliance & Electronics World Expo (AWE) in Shanghai, China, on April 27, 2023. On March 14, 2024, the United States will pass a bill banning TikTok. CostFoto | Nurphoto | Getty Images The U.S. could be about to force ByteDance, the Chinese tech giant that owns TikTok, to … Read more