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China to citizens: Cut on oil, sugar, salt

Bloomberg China is calling on its people to reduce their intake of edible oils, sugar and salt as part of a nationwide campaign to minimise health risks. The country is the world’s top consumer of soybean oil, processed from imported beans, and the biggest user of sugar after India. The nation is targeting daily consumption of oils no higher than ...

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GM’s biggest Chinese ally faces first annual sales dip

Bloomberg SAIC Motor Corp expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the world’s largest car market, according to people familiar with the matter. The Shanghai-based company, Volkswagen AG and General Motors Co’s biggest auto-making partner in China, projects 2019 sales will fall ...

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EU assessing security risks to 5G may include Huawei

Bloomberg The European Union said it may deem certain 5G suppliers a security risk, noting that Chinese law requires domestic companies to collaborate with intelligence agencies. The EU won’t target China’s Huawei Technologies Co “from the outset,” Security Commissioner Julian King told reporters. But he noted that Chinese national intelligence law “puts certain quite broad requirements on organisations or citizens ...

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