Global shares were mostly higher Friday, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by President Xi Jinping.
Monthly Archives For July 2021
It’s a ‘long march’ for China before it becomes self-reliant in technology, says professor
Winston Ma, adjunct professor at the New York University School of Law, says the U.S.-China tech competition is “almost like a race for investments.” …
China’s imports of ferro-niobium rose by 51.6% in May vs April
China imported around 3,030 tonnes of ferro-niobium in May 2021, an increase of 51.6% from 1,999 tonnes in April, according to the latest official customs data. Ferro-niobium was favored by many …
How Luxury Brands Prosper From China’s Scary C-pop Fans
C-pop stars have taken over luxury campaigns thanks to young China’s surging purchasing power. But how can brands avoid the pitfalls of these fan economies?
China is building a sprawling network of missile silos, satellite imagery appears to show
China is building a sprawling network of what appear to be intercontinental ballistic missile silos in its western desert that analysts say could change the equation for US military planners in Asia.
China’s tech giant Kuaishou ends compulsory Sunday overtime
China’s short-video giant Kuaishou has formally cancelled its weekend overtime policy, while its competitor, TikTok’s parent ByteDance, is debating internally whether to do the same. The move by …
China proposes rules to punish illegal e-commerce pricing
China’s market regulator issued draft rules on Friday to punish illegal pricing activities, including heavy subsidies and the practice by online platforms of charging different prices based on a …
Fed, ECB minutes and all eyes on China inflation
Minutes of the June meetings of the U.S. Fed and the ECB, plus the latest inflation data from China – here’s a rapid tour of next week’s top economic events and themes to be covered…
China’s exports of coronavirus-critical medical products nearly tripled in 2020, with US$105 billion in goods shipped
The value of Chinese exports critical to combating Covid-19 surged from US$38 billion in 2019 to US$105 billion in 2020, according to the World Trade Organization (WTO).
Corona Virus Outbreak Had Spread in East Asia 20,000 Years Ago
An international team of scientists say they have found traces of an ancient plague in the ancestral genetic makeup of East Asians. An international study found that plague corona virus ever spread in …
Asian shares higher, but China down after tough talk from Xi
Shares are mostly higher in Asia, though markets in Shanghai and Hong Kong declined a day after the Chinese Communist Party marked its centenary with tough talk by Chinese President Xi Jinping …
H&M: Fashion giant sees China sales slump after Xinjiang boycott
Swedish fashion giant H&M saw its sales slump in China, months after it became the target of a Chinese boycott. H&M was among several brands that raised concerns over alleged human rights abuses …
China’s economy may grow 7% this year, professor says
Despite the market predicting that China’s economic growth may reach 8.5% this year, Michael Pettis, a finance professor at Peking University explains why he thinks “they’re wrong.” …
