A speech on wealth inequality by China’s president has wiped 60 billion euros off the value of Europe’s top luxury stocks …
Monthly Archives For August 2021
MissFresh Partners With Mondelēz to Deliver New Oreo Zero Cookies Across China
MissFresh (NASDAQ: MF) and OREO’s parent company Mondelēz International, Inc. (NASDAQ: MDLZ) have partnered to debut OREO’s new range of sugar-free sandwich cookies – Oreo Zero – on MissFresh’s …
Digital, China Drive Tapestry Profits, Sales Jump in Q4 and Year
Net sales more than doubled, hitting $1.62 billion in the fourth quarter compared to $715 million in the prior year, a 126 percent increase. For the year, operating income was $968 million versus an …
Evergrande Executives Summoned to Meeting With China’s Financial Regulators
Regulators said the indebted developer needs to resolve its debt issues without destabilizing the property and financial markets.
Seeds Markets in China
Today, China has the largest market in the world. Tremendous fast-growing markets for imports and business opportunities for companies around the world. If you want to expand your business or sell …
Iconic Canadian coffee chain Tim Hortons’ China business set for U.S. SPAC debut
To understand the challenges faced by China-based startups in the wake of Beijing’s recent regulatory clampdown, consider the plight of the Chinese subsidiary of Tim Hortons, the iconic Canadian …
Coronavirus: China reports 5 new local cases, lowest since latest outbreak began
China reported five new locally transmitted Covid-19 cases on Thursday, as the country’s worst outbreak in months appears to be easing. It was the lowest daily number since the latest wave of cases …
Shenzhen sets up temporary protection zone for Bryde’s whale swimming off the southern Chinese coast
A whale inhabiting the coast near Shenzhen has been given a temporary protection area banning fishing and other craft from sailing in the zone as the creature shows no signs of leaving.
Beijing can’t yet trust Taliban’s terrorism promises, Chinese experts warn
Doubts that Taliban can cut ties with forces requested by China, because it fought alongside them, but building relations may aid counterterrorism efforts.
China’s Biggest ‘Bad Bank’ Will Get a Rescue
After months of silence about its future, the corporate giant Huarong Asset Management announced that it would receive financial assistance from a group of state-backed companies.
China Unicom considers spin-off of subsidiary
Ltd, a major Chinese telecom operator, said on Thursday it is considering a proposed spin-off and separate listing of China Unicom Smart Connection Technology Ltd in the nation’s A-share market. China …
China Unicom to Spin Off Technology Unit in Listing Rush
The potential spinoff of China Unicom Smart Connection Technology Ltd. is still pending approval by the board and shareholders, the company said in a statement on Thursday. The time and size of the …
Chinese Iron Ore Imports fall to 14-month low in July – BIMCO
In addition to the July drop in iron ore imports China’s steel production fell to 86.8m tonnes (source: NBS China) as the government seeks to impose limits on steel production to meet climate …