“Young consumers in particular, especially those in affluent cities in China, are showing more care toward the environment.” For brands, the implications are huge in the world’s second-biggest retail …
Monthly Archives For July 2021
China set to pass US on research and development spending by 2025
China has been increasing expenditure at an annual rate of 16 per cent while the US has stagnated, according to a US think tank.
U.S. House committee advances China bill without Republican backing
A U.S. House of Representatives committee advanced legislation on Thursday intended to boost competitiveness with China, without support from Republicans who objected to some climate-related …
China snubs senior US official in worsening stand-off
Beijing has snubbed the US by refusing to grant Wendy Sherman, deputy secretary of state, a meeting with her counterpart during a proposed visit to China that would have been the first top-level …
Russia Says Its Ties to China Are Now Closer Than Any Cold War Military Alliance
“Both sides voiced a positive assessment of the dynamics of the development of Russian-Chinese relations,” said Russian Foreign Minister Sergey Lavrov.
Coronavirus: BioNTech may become first foreign vaccine approved for use in mainland China
The panel advising the country’s regulator gave the green light to the jab, which will be the first using cutting-edge mRNA technology on offer in mainland.
Wall Street banks’ IPO fees could come under pressure from mainland rivals if Beijing forces tech firms to list in Hong Kong
Some of Wall Street’s biggest banks could potentially lose hundreds of millions of dollars in lucrative investment banking fees if China’s new rules on foreign listings force tech unicorns to list …
China’s Pork Imports Set to Plunge 50% as Local Prices Tumble
China’s record demand for foreign pork is about to crater after domestic prices plummeted, potentially easing pressure on the world meat market and cooling at least one constituent of global food …
US Senate Passes Legislation Restricting Imports From Uyghur Forced Labor
The legislation would restrict the import of all goods made in China’s Xinjiang province, unless it can be certified that the goods were not made with the use of forced labor.
China should provide raw data on pandemic’s origins – WHO’s Tedros
GENEVA (Reuters) -The head of the World Health Organisation said on Thursday that investigations into the origins of the COVID-19 pandemic in China were being hampered by the lack of raw data on the …
WHO says it will fix multiple ‘unintended errors’ in report with China on COVID-19 origins: report
The World Health Organization has vowed to correct several “unintended errors” discovered in its joint report with China regarding the origins of COVID-19, according to a new report.
Entire whisky distillery ships out to China
An entire whisky distillery is being shipped out from Scotland to China on Friday. More than 35 tonnes of equipment, including stills, flooring, control valves and pipework, is leaving Buckie in Moray …
Global Brands lays off at least 78, may shutter Greensboro operations
Global Brands, the company that sold many of its assets to the group that formed Centric Brands, has laid off at least 78 at its Greensboro office and may be faced with shutting down local…