Further volatility in the property sector could dampen consumer appetite for fashion and luxury goods in some quarters, but it is unclear how big the impact might be.
Monthly Archives For January 2022
Beijing organizers say there’s no need for COVID-19 lockdown during Winter Olympics
Organizers of the 2022 Winter Olympics in Beijing said Tuesday that there will be no COVID-19 lockdown during the quadrennial Games, which are scheduled to begin in a little more than three weeks.
Major Olympic Sponsors Protect Investment, Stay Quiet on China Ahead of Beijing Games
“I would not be surprised that the sponsors would remain silent… you could potentially lose business,” said Dae Hee Kawk of the University of Michigan.
China Has 20 Million Residents in Lockdown With Weeks Until Winter Olympics Begin
Anyang, home to 5.5 million people, is the third Chinese city to lockdown its residents in an effort to curb the spread of the Omicron COVID-19 variant.
China Mobile Yunnan Builds a Green All-Optical Network to Boost the Development of Digital Yunnan
Yunnan, the most southwestern province in China, proposed a strategic development goal for the province — Digital Yunnan. To realize this goal, Yunnan must follow the development path to resource …
Infobird Secures Contract for Digital Banking Solution with Changchun Rural Commercial Bank
Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird” or the “Company”), a software-as-a-service provider of innovative AI-powered, or artificial intelligence-enabled, customer engagement solutions in China, …
World Bank Demands Faster G20 Debt Relief as Poor Nations Squeezed
Poorer developing nations are likely to need faster G20 debt relief, the World Bank said on Tuesday, as an increasing number face being squeezed by rising indebtedness and slowing growth. The pandemic …
China Probes Finance Ministry Official as It Cracks Down on Graft
China’s top anti-graft watchdog is investigating a finance ministry official, adding to the list of senior cadres brought down by an escalating crackdown on corruption.
A Crypto CEO and Founder Just Became One of the World’s Richest Billionaires
Binance founder Changpeng “CZ” Zhao, whose company is a crypto exchange platform that runs the largest daily trading volume of crypto coins, has joined the ranks of the world’s top billionaires after …
China’s Shenzhen reports 4 new local COVID-19 cases
South China’s Shenzhen reported four new locally transmitted COVID-19 cases on Tuesday, the municipal government announced at a press briefing. Four individuals — one male and three females — …
How can US rise to the top in its trade war with China?
The trade war escalated when the US started increasing tariffs on imports from China which snowballed into a tit-for-tat retaliation.
China to keep tariffs on US DDGS imports during investigation
The Chinese Ministry of Commerce (MOFCOM) said it will maintain anti-dumping and anti-subsidy tariffs on imports of distillers grains (DDGS) from the US, a key feed ingredient, during a review.
The 10 ‘Simplest’ Brands in the World
Global consumers rated brands as simple according to their experiences’ being transparent, honest, and easy to understand.