China meets with US firms as it seeks to restore confidence, boost growth
China meets with US firms as it seeks to restore confidence, boost growth
  • China’s top economic planning agency met with US multinationals including ExxonMobil, Boeing, Cargill and Emerson Electric this week
  • The discussions signal Beijing is prioritising economic growth and is eager to restore market confidence after the 20th party congress, experts say
19 Nov 2022 - 1:37AM
The National Development and Reform Commission (NDRC) met with a delegation of US business representatives this week in a bid to restore market confidence. Photo: Reuters
China's economic recovery

China meets with US firms as it seeks to restore confidence, boost growth

19 Nov 2022 - 1:37AM
  • China’s top economic planning agency met with US multinationals including ExxonMobil, Boeing, Cargill and Emerson Electric this week
  • The discussions signal Beijing is prioritising economic growth and is eager to restore market confidence after the 20th party congress, experts say
This file photo taken on May 6, 2022 shows a man walking past the Foxconn headquarters in New Taipei City, Taiwan. Photo: AFP

Foxconn woos fleeing workers with US$70 subsidy as exodus hits iPhone capacity

Foxconn is offering workers who fled its Zhengzhou compound a subsidy of US$70 to return to work as the world’s largest iPhone factory tries to limit fallout from a Covid-19 lockdown.

8 Nov 2022 - 2:48PM
This file photo taken on November 10, 2020 shows the Apple logo at a company store in Bangkok. Photo: AFP

Apple warns of iPhone delays due to Covid chaos at Foxconn’s Zhengzhou factory

Apple has broken its silence on the Covid-19 chaos at the Foxconn plant in Zhengzhou, saying production and holiday shipments of the iPhone 14 Pro and Pro Max lines will be affected.

7 Nov 2022 - 11:39AM
Users of a Carrat bracelet can signal to security contacts. Photo: Handout

Frenchman launches Carrat – a smart bracelet aimed at protecting women

Carrat is a piece of wearable tech in the form of a stylish bracelet with a connected mobile app, which alerts emergency contacts once activated.

6 Nov 2022 - 5:00PM
The logo of Chinese e-commerce firm Pinduoduo printed on boxes in a shopping mall during the 5.5 shopping festival in Shanghai on May 2, 2020. Photo: AFP

Shein faces new competition from Pinduoduo’s fast-growing new app

Temu has become the most-downloaded shopping app in the US this month as it aims to compete in cheap fast-fashion, but higher costs in the competitive consumer market could prove challenging.

6 Nov 2022 - 8:00AM
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