China stocks fell on Wednesday, tracking losses on Wall Street where tech firms were hit hard on concerns over tighter government scrutiny on the industry. At the close, the Shanghai Composite index was down 1.4 percent at 3,122.29, while the blue-chip CSI300 index close down 1.8...
Unions at South Korea's two-largest automakers, Hyundai Motor and Kia Motors, say plans to revise a free trade deal with the United States involve concessions that will prevent local automakers from entering the fast-growing U.S. pick-up truck market. Hyundai's labor union said Tuesday that...
BEIJING (Reuters) - China’s opening up is self-initiated and will not be forced by pressure from other countries, the country’s commerce ministry said on Sunday on its official Wechat account. Zhong Shan, the head of the ministry of commerce, made the comments during a meeting...
The U.S. plan to impose tariffs on Chinese imports and China's planned reciprocal tariffs would have a limited effect on Moody's rated Chinese companies, said the ratings agency on Friday. The impact on Moody's rated Chinese firms would be manageable, as most of them rely heavily on...
