In China’s cosmetics world, where foreign brands were historically revered, indigenous startups are increasingly winning over Gen-Z consumers with cheaper, more localized options. One of the rising … ( read original story …)
Monthly Archives For March 2021
Gant Takes Direct Control of China Business
Gant has taken direct control of its China business, after a 16 year partnership between owner MF Brands Group and former exclusive distributor Langhao Holdings, according to a Forbes China report. ( read original story…
Biden brings no relief to tensions between US and China
President Joe Biden took office promising to move quickly to restore and repair America’s relations with the rest of the world, but one major nation has yet to see any U.S. effort to improve ties:…
Markets rise ahead of UK budget despite China services slowdown – business live
Over in China, services sector growth has slowed to a ten-month low as the pandemic continued to hit demand. The latest survey of service sector bosses found that firms struggled with sluggish demand … (…
IoTeX Is Now an Amazon Web Services Partner Network (APN) in China and the U.S.
IoTeX is now part of the Amazon Web Services Partner Network (APN) in the U.S. and China, a press release on Feb 25 reveals. A Boost for IoTeX, AWS Widely Adopted by Fortune 500 Companies…
Beijing tries to discredit report by Uyghur witnesses of sexual abuse in ‘re-education camps’
As the number of Western lawmakers accusing China of genocide grows, Beijing is focusing on discrediting Uyghur witnesses behind the recent report of sexual abuse, reported FR24 News. ( read original story …)
China’s fiscal risks ‘extremely severe’, former Chinese finance minister warns
Beijing: China’s former finance minister Lou Jiwei has warned that the country’s fiscal situation is ‘extremely severe with risks and challenges’. ( read original story …)
Australia China Business Council urges support for Covid-19 vaccine passport
The Australia China Business Council is urging the federal government to support the development of a COVID-19 vaccine passport using blockchain technology to help open up regional travel. ( read original story …)
China’s Inner Mongolia to shut down crypto mining farms by April
The Inner Mongolia National Development and Reform Commission released an official proposal to shut down local crypto mining operations in line with its energy-saving rules. ( read original story …)
Coronavirus latest: China services growth dips to 10-month low as Covid-19 surge hits demand
The company said it expected to see year-on-year growth at the end of March, “barring a significant worsening of Covid-19 conditions”. Texas on Tuesday rescinded its mask mandate and statewide limits … ( read original…
U.S. working with allies on COVID-19 vaccine strategy in Asia to counter China: FT
In recent weeks, the White House has held talks with other members of the Quad, a diplomatic and security initiative between the countries, the report added Kurt Campbell, the White House … ( read original…
Countdown to Beijing 2022 | IPC president Parsons confident Beijing will amaze the world in 2022
“I’m very confident that what we will see in about a year will surprise and amaze the whole world,” said Parsons. “I do think that the Beijing 2022 Paralympics will be held as scheduled.” With…
China bans crypto mining due to huge power consumption
The world’s second-largest economy, China bans crypto mining. The reason for this is the increased power usage of the entire process. ( read original story …)
