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South China Morning Post
2 days ago
- Business
- South China Morning Post
China rolls out mandatory safety regulations for power banks after fire incidents
China has introduced new regulations requiring makers of lithium-ion battery packs to obtain a mandatory quality and security certificate, a move that comes after the demise of a major power bank brand amid a string of fire incidents caused by faulty products. Starting Friday, power banks must carry a China Compulsory Certification (CCC), or 3C certificate, before they can be sold, distributed or produced in China, according to the State Administration for Market Regulation. While the regulation is not an outright ban on the use of power banks that do not have the certificate, it could mean that their use in public vehicles or even public venues could be prohibited. China's civil aviation administration has already banned such power banks on domestic flights. On e-commerce platforms such as Taobao, owned by Alibaba Group Holding, searches for power banks now showcase results with 3C in the description. A popular search term is 'power banks I can bring on the plane'. Alibaba owns the South China Morning Post. Shenzhen-based Romoss Technology suspended production last month after it was linked to multiple instances of combustible power banks. Photo: Handout China has for some time been issuing 3C certificates, but they have not been mandatory until now. The lack of compulsory quality and safety checks was seen as one cause of multiple fire incidents linked to power banks.
Yahoo
23-07-2025
- Business
- Yahoo
Synopsys Buy of Ansys Gets China OK. The $35 Billion Deal Is Set to Close.
The software companies were awaiting clearance from China's State Administration for Market Regulation. Sign in to access your portfolio
South China Morning Post
03-07-2025
- South China Morning Post
China's power bank crackdown: 6 preflight answers for wary travellers
China's aviation authorities have imposed an emergency ban on air passengers' carrying substandard power banks, catching many travellers off guard The safety precaution, which went into effect on June 28, two days after being announced by the Civil Aviation Administration of China (CAAC), has triggered questions and concerns. Here are six points that people travelling to and within China need to know – from which power banks are still allowed, to what can be done with ineligible ones at the airport. 1. What constitutes a 'substandard' power bank? China Compulsory Certification (CCC), also known as '3C certification', is a mandatory safety and quality-assurance standard for many products sold in China, ensuring they meet specific safety, health and environmental impact standards. Managed by China's State Administration for Market Regulation, the system legally requires products listed in the 3C catalogue to obtain certification before they can be manufactured, sold, imported or used. Any power bank without 3C certification – denoted by a mark that can be seen on the surface – is deemed substandard. Airports will establish areas for passengers to discard or temporarily store non-compliant power banks, and provide mailing services as required by the CAAC. Passengers can also choose to handle their intercepted power banks during security checks, based on their needs.
Bloomberg
16-06-2025
- Business
- Bloomberg
China Approval for Bunge's Viterra Deal Comes With Crop Demands
China has confirmed its approval of Bunge Global SA's takeover of rival Viterra, but on Monday outlined several conditions, including the continued supply of key crops to the Asian nation at a 'fair' price. The green light from Beijing, announced by Bunge late last week, was the last major hurdle to the conclusion of the $8.2 billion deal. Still, a statement from the country's State Administration for Market Regulation outlined the large share of soybean, barley and rapeseed trade with one of the world's top buyers that the combined company will control, which risks limiting competition.
Wall Street Journal
07-06-2025
- Business
- Wall Street Journal
China's Foreign-Exchange Reserves Increased Slightly in May
China's foreign-exchange reserves increased slightly in May, as the Chinese yuan strengthened on a temporary tariff truce with the U.S. and Beijing's recent stimulus measures. The country's foreign-exchange reserves rose $3.6 billion to $3.285 trillion at the end of May, the State Administration of Foreign Exchange said Saturday.
