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Monthly Archives For January 2022
Seppeltsfield owner buys Penny’s Hill winery in shift away from China
Warren Randall says the purchase of the McLaren Vale winery is part of a strategic shift prompted by the punishing China wine tariffs.
Winter Olympics sponsors lay low as US alleges China human rights abuse
For months, US officials, lawmakers from other Western countries and human rights activists have said that China’s treatment of mostly Muslim minorities in Xinjiang amounts to a form of …
Why China’s JV partners are headed to the counselor’s office
With government caps lifted, key partners in about two dozen Chinese joint ventures formed under mandatory marriages since 1994 must weigh the merits of sticking together, calling it quits, or selling …
American athletes were reportedly told to use burner phones in Beijing due to a ‘unique opportunity for cybercrime’ at the Winter Olympics
Team USA was warned “every device, communication, transaction and online activity may be monitored” at the Beijing Olympics, WSJ reported.
Who is boycotting the Beijing Winter Olympics and why?
Olympics are rapidly approaching but controversy continues to shadow the Games, with several countries set to diplomatically boycott the event. Human rights organisations have repeatedly condemned …
China Requires Those Buying Some Medicines to Take COVID Test Within 72 Hours
“The current epidemic prevention situation is still grim and complicated and all departments across the city must act proactively and swiftly,” Xu Hejian said.
China’s copper scrap imports up 80% in 2021 despite supply concerns [CORRECTED]
Import volumes rose by 80% to 1.69 million tonnes in 2021, compared with 943,652 tonnes in 2020, Chinese customs data shows. Thanks to a strong rally in copper prices in 2021, many copper consumers …
Alibaba, JD.com pace stock losses in Hong Kong amid global tech, crypto slump on policy risks
Stocks tumbled amid global risk-off sentiment after US tech and cryptocurrencies suffered a beating last week amid policy tightening risks.
What Are the Secrets to Selling Hard Luxury to Gen Z in China?
Traditionally, luxury brands counted on a majority buyer base of older, established, and affluent individuals and a minority of younger consumers using luxury goods as a means to communicate (or …
EV battery maker LG Energy Solution’s IPO breaks record
South Korean electric vehicle battery marker LG Energy Solution has broken the initial public offerings record in the country’s stock market.
Elon Musk is bending over backwards to please China’s government, and his pandering points to a dark future for Tesla
In China, Elon Musk morphs from swashbuckling rogue to government flunky, even opening a showroom in the region where Beijing is committing genocide.
China tests 2 million in Beijing, lifts COVID-19 lockdown in Xi’an
A cluster of COVID-19 cases in Beijing has prompted authorities to test millions and impose new measures two weeks ahead of the opening of the Winter Olympics, …
