China’s exports surged to a new monthly record in September as strong demand ahead of year-end holidays and rising prices outweighed the effect of power shortages across the country.Most Read from …
Monthly Archives For October 2021
MicroTech Medical prices IPO high
IPO sponsors CICC and Goldman Sachs wrapped up bookbuilding on Monday. They worked with joint global co-ordinator CLSA, pitching the stock with guidance of HK$27.70 to HK$31.15. The range meant …
European business group says China power cuts poorly communicated
China’s power shortages will likely force some European companies operating there to delay orders and some firms are unhappy about how authorities notify them about power cuts, a European business …
Nestlé sharpens geographic focus, creates Zones North America and Greater China
The Nestlé Board of Directors has approved the creation of new geographic Zones, as of January 1, 2022. Read the full press release.
Canton Fair encourages participation of overseas buyers in China
The 130th China Import and Export Fair is encouraging the on-site participation of overseas buyers’ agents and branches in China, according to the Department of Commerce of Guangdong province. Due to …
China Developers’ Bonds, Shares Hit Again by Evergrande Contagion Worries
Shares and bonds of Chinese property companies fell further on Wednesday after China Evergrande Group missed a third round of interest payments on its dollar bonds in three weeks, and as others warned …
Inflation: Price of top China soy sauce raised as costs surge
The maker of China’s best-selling brand of soy sauce is raising prices, in the latest sign of inflationary pressures in the world’s second largest economy. Foshan Haitian Flavouring and Food Co said …
EXCLUSIVE: Isabel Marant Plans Fashion Show, Pop-ups in China Push
The French fashion brand is signaling its expansion in China with a fashion show in Shanghai on Wednesday, and pop-up stores in Beijing and Chengdu.
Squid Game craze hits China with illegal streams
It is not available in China but Netflix’s global sensation Squid Game has already built up a huge following in the country, with fans dodging strict internet controls to stream the show and snapping …
The Moodie Davitt Report presents China Duty Free Group with Outstanding Contribution Award
The award recognised China Duty Free Group’s stellar achievement in becoming the world’s number one travel retail by sales in 2020, a position it has enhanced through 2021.
Asian markets trade almost flat; Shenzhen index rises 1%
Asian stock markets were trading in a mixed zone on Wednesday with the Shenzhen Component rose 1.09%. In Japan, the Nikkei 225 slipped 0.15% while the Topix index dipped 0.28%. Mainland Chinese stocks …
Beijing 2022: Olympics chief rules out pressuring China over human rights despite calls for postponement
We have no ability to go into a country and tell them what to do,’ IOC vice-president John Coates says, despite calls for Winter Games to be postponed.
Harvard Moves Summer Program From ‘Unfriendly’ Beijing to Taipei
Harvard University’s Chinese language program will relocate to Taipei from Beijing, citing a hostile environment in China amid strained diplomatic relations between the world’s two largest economies.
