The East Micronesia Cable system was designed to improve communications in the island nations of Nauru, Kiribati and Federated States of Micronesia.
Monthly Archives For June 2021
China’s Position on the Digital Service Tax
Given China’s unique digital economy, the country remains more inclined to tax its booming domestic tech-conglomerates than target global technology MNCs.
China May copper exports hit 14-mth peak as traders cash in on LME price jump
China’s copper exports edged up for a third straight month in May to their highest level since March last year, customs data showed on Friday, as higher international prices encouraged traders to ship …
China’s major bicycle firms see profits surge in Jan.-April
China’s major bicycle manufacturers reported strong performance in the first four months of the year, with their combined profit and revenue both registering …
China’s Xtep Closes At New Record On Hillhouse Investment; Ding Clan’s Fortune Tops $2 Bln
Shares in China sportswear supplier Xtep ended the week at a new record high today after the company announced investment hook-ups with China private equity firm Hillhouse Capital Management, one of …
Over 400 flights cancelled at Shenzhen airport after restaurant staff reportedly test positive for COVID-19
A flight information platform said the Shenzhen Bao’an International Airport in South China’s Guangdong Province has cancelled more than 400 flights Friday, after a staff at a restaurant in the …
China’s May diesel exports hit 2021 low
China’s diesel exports plunged 38% in May from a month before to their lowest level this year, as reduced fuel output during the refinery maintenance season forced refiners to prioritise domestic …
U.S. Threw Boeing ‘Under The Airbus’ In Effort To Thwart China
The United States and the European Union announced earlier this week during Biden’s first foreign trip that the world’s two largest airline manufactuers would set aside for five years tariffs …
TABLE-China’s grain, pork and sugar imports in May 2021
The table below shows imports of China’s major agriculture products in May, according to data released on Friday by the General Administration of Customs. The data did not provide a breakdown on the …
China’s Oil Boomtown Braces for Crackdown From Beijing
The future of China’s vast oil-refining industry may hinge on what government investigators find in the small seaside city of Panjin. This little-known energy hub about 300 miles east of Beijing has …
China Can’t Buy Enough Beauty Gadgets
The beauty segment has traditionally performed well for luxury houses, but the pandemic has changed the way brands must approach their beauty consumers.
China’s 618 shopping festival boosts recovery of domestic consumption
China’s 618 shopping spree this year has boosted the recovery of domestic consumption that had been hit by COVID-19, generating billions of Chinese yuan in spending during the one-month festival.
China’s Growth Decouples From Credit, With Global Implications
The financing environment is the best it’s ever been.” Lou’s experience suggests that even though China is putting the brakes on credit expansion in the economy, it doesn’t signal slower growth in the …
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