Latest News for: Chinese markets

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Chinese brands flood Russian car market

Business Day 08 Dec 2022
MoscowChinese brands account for almost a third of Russia’s car market as the sector more than any other shows China’s growing importance to the economy after the exodus of Western companies ... But sales of Chinese branded passenger cars, including Haval, Chery and Geely have ...
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Exclusive-Chinese grab Russian car market share after Western rivals depart

FX Empire 08 Dec 2022
MOSCOW (Reuters) – Chinese brands account for almost a third of Russia’s car market, data shared with Reuters shows, as the sector more than any other shows China’s growing importance to the economy following the exodus of Western companies ... But sales of Chinese branded passenger ...
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Exclusive: Chinese grab Russian car market share after Western rivals depart

Reuters 08 Dec 2022
MOSCOW, Dec 8 (Reuters) - Chinese brands account for almost a third of Russia's car market, data shared with Reuters shows, as the sector more than any other shows China's growing importance to the economy following the exodus of Western companies ... But sales of Chinese ...
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Health firms bark up right tree for families with fur babies

China Daily 08 Dec 2022
"As China's middle-income group keeps expanding and as Chinese pet owners are increasingly aware of as well as capable of paying for their pets' health, we have seen a rapidly growing market for pet health," said Liu Jingxian, head of animal health at Boehringer Ingelheim China.
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China's pet sector purrs with growth

China Daily 08 Dec 2022
As consumption demand rises, more focus given to marketing, quality, innovation ... With the consumption upgrade and the number of Chinese families with pets rising, pet owners are spending increasing amounts of money on their pets, contributing to the burgeoning pet economy ... By 2025, the market is expected to total 811.4 billion yuan.
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Chinese giant Hisense one of the most active international companies

China Daily 08 Dec 2022
China's home appliances giant Hisense shipped 19.6 million TV sets globally in the first 10 months this year, up 18 percent year-on-year, ranking second worldwide, the first time that a Chinese TV brand made it to the top two, according to recent statistics by market research organization AVC Revo.
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China's Xi arrives in Saudi Arabia for energy-focused visit

The Jordan Times 08 Dec 2022
RIYADH — Chinese President Xi Jinping touched down in Saudi Arabia on Wednesday for a visit that is likely to focus on energy ties but also follows months of tensions with the United States ... On major roads in Riyadh, the red-and-gold Chinese flag alternated with the green Saudi emblem ... Oil markets.
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Samsung chip plant in China expects output value to top 100 bln yuan in 2022

ECNS 08 Dec 2022
"There are short-term difficulties, but in the long term, we are always optimistic about the Chinese market and the Chinese economy," he said ... positive about the Chinese market and the Chinese economic prospects," Seo said.
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Samsung chip plant in China expects output value to top 100b yuan in 2022

China Daily 08 Dec 2022
"There are short-term difficulties, but in the long term, we are always optimistic about the Chinese market and the Chinese economy," he said ... about the Chinese market and the Chinese economic prospects," Seo said.
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Chinese taking advantage of Western exodus from Russia economist

Beijing News 08 Dec 2022
Sanctions have opened the Russian market up for innovative products and investment from China, according to an expert. Chinese companies are looking to fill vacant niches in the Russian market after the departure of Western firms due to sanctions, a member of the Russian-Chinese Technology and Innovation Chamber, Wu Zhang, has said.
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Chinese taking advantage of Western exodus from Russia – economist

Russia Today 08 Dec 2022
Sanctions have opened the Russian market up for innovative products and investment from China, according to an expert. Chinese companies are looking to fill vacant niches in the Russian market after the departure of Western firms due to sanctions, a member of the Russian-Chinese Technology and Innovation Chamber, Wu Zhang, has said.
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China and Arab states need to promote trade and economic cooperation

China Daily 08 Dec 2022
Besides, China is a key partner of Arab states in infrastructure construction, and in the future, Chinese engineering contractors should seize market opportunities, foray deeper into local markets in Arab states, and tap cooperation in new energy fields such as solar energy, wind energy, and nuclear energy with Arab partners, it said.
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Emerging markets November foreign inflows most since June 2021 – IIF

FX Empire 08 Dec 2022
(Reuters) – Foreigners dumped the most cash into emerging market portfolios in November than any month since June 2021 even as Chinese debt continues to see outflows, the Institute of International Finance (IIF) said on Thursday ... Chinese stock indexes have had a rough year, and the low prices have enticed investors even before the new COVID rules.
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A taste of Chinese tea culture

People Daily 08 Dec 2022
Let’s have a taste of Chinese tea culture! ... Tea is believed to have originated in China, and was first recorded in the first Chinese book about medicinal plants written during the Qin and Han dynasties (221 BC-220 AD) ... Chinese tea’s medical purposes are also recognized in other parts of the world.
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The state legacy of China’s success

B & FT Online 08 Dec 2022
Gallen provides a useful conceptual framework for understanding the Chinese economic model ... While Chinese ... While the report finds that the elites create value for Chinese society in the political domain, China ranked 32nd in elites’ contribution to markets and economic growth.

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