China exported 47 million ‘new rubber tires’ in July 2021, down 0.1% compared to the same month a year ago, official state figures show. Total weight of tire exports in July 2021 fell by 9%…
Monthly Archives For August 2021
Chinese vaping IPO reeks of desperation
A Chinese vaping company may have picked the worst possible time to list. Shenzhen IVPS Technology, which makes Smok devices, is eyeing a Hong Kong initial public offering that could raise up to $1 …
China’s Communist Party targets Hangzhou in anti-graft drive
Top cadres in the city – including recent retirees – and their families must declare any conflicts of interest in their ties with business.
S. China’s Shenzhen establishes mechanism linking individual bankruptcy with social credit
Bankruptcy protection. Shenzhen in South China’s Guangdong Province has established a linkage mechanism between individual bankruptcy and social credit, with personal bankruptcy i …
This high-end sushi spot in Shenzhen takes a lighter approach to anti-Instagram spaces
Amid a great grid of skyscrapers, Nature Times Art Design creates a calming, introverted oasis that shuns passing trends.
China data privacy: Big Tech will be ‘a lot less powerful’ after Beijing passes sweeping new law, experts say
The PIPL, along with China’s Data Security Law that comes into effect next week, will put an end to the freewheeling, data-driven business expansion of Chinese internet giants.
China’s Largest Developer Sees Profit Rebound Despite Curbs
Country Garden Holdings Co., China’s largest residential developer by sales, saw half-year profit rebound despite escalating property curbs in the world’s second-biggest economy.
UPDATE 1-Kamala Harris says Beijing continues to ‘coerce’ in South China Sea
U.S. Vice President Kamala Harris on Tuesday accused Beijing of continuing to “coerce” and “intimidate” in the South China Sea and pledged that Washington would pursue a free and open Indo Pacific.
Traffic Improves in China as Beijing Quashes Outbreak of Delta
Traffic on China’s typically busy city streets has shown signs of a recovery as the key crude-importing nation managed to quash a resurgence in Covid-19 cases, bolstering the outlook for energy demand …
British Jobs, Hungary’s Rates, China’s Central Bank: Eco Day
Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the week.
China’s Central Bank Vows to Boost Credit Support, Stabilize Money Growth
China’s central bank chief vowed to stabilize the supply of credit and boost the amount of money supporting smaller businesses and the real economy, after both credit and economic growth slowed in …
Kenya banking on China-built port to become transshipment hub
NAIROBI – Kenya will leverage Chinese-built Lamu port to become a regional transshipment hub, stimulate local manufacturing and create additional jobs, senior officials have said. Ukur Yatani, cabinet …
Why the next move for China’s interest rates should be up, not down
This is not the moment for China to cut interest rates. With the US Federal Reserve looking likely to tighten monetary policy fairly soon, it’s safe to say that China has already reached the bottom…