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Top News In Business In China Today - Breaking & Trending Today

It only takes a $7,000 debt to end up trapped in China

Exit bans have left foreign executives stuck inside the country often with no idea when they will be allowed to leave. ....

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Estonian dairy industry's potential in the Chinese market - Estonian-Chinese Chamber of Commerce

The Estonian dairy industry is poised for significant growth and diversification as it considers expanding its reach into the vast Chinese market. ....

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Chinese carmaker BYD buys US firm Jabil's mobility business for $2.2 billion

The deal will expand BYD Electronic (International) Co's (BE) customer base, product portfolio, and its business of smartphone components, and boost its growth as it looks to capture the potential growth in the sector. Jabil Circuit (Singapore), which manufactures printed circuit boards, established a unit this month with product manufacturing business in Chengdu and Wuxi, which will now be sold to the Chinese EV maker. Jabil in a statement said if the deal is completed, the definitive agreement would enable it to "enhance our shareholder-centric capital framework, including incremental share buybacks", Chief Executive Officer Kenny Wilson said. ....

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EV maker BYD buys US firm Jabil's China manufacturing unit for $2.2 billion

The deal will expand BYD Electronic (International) Co's (BE) customer base, product portfolio, and its business of smartphone components, and boost its growth as it looks to capture the potential growth in the sector. Jabil Circuit (Singapore), which manufactures printed circuit boards, established a unit this month with product manufacturing business in Chengdu and Wuxi, which will now be sold to the Chinese EV maker. Jabil in a statement said if the deal is completed, the definitive agreement would enable it to "enhance our shareholder-centric capital framework, including incremental share buybacks", Chief Executive Officer Kenny Wilson said. ....

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US actions against slowing Chinese economy could harm commerce back home

The Biden administration's tariffs and new tech restrictions on China could cause some blowback to the U.S. economy as Beijing grapples with a serious slowdown. ....

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