By Tuesday, over 99 percent of industrial enterprises with an annual business turnover of at least 20 million yuan (about 3.2 million U.S. dollars) in the eastern Chinese city of Suzhou had resumed …
Monthly Archives For February 2022
Data Snapshot: Investment in premium food brands slowed in India last year, but grew in China
Premium Branded Foods & Restaurants remained one of India’s most active categories despite the pandemic-related economic slowdown.
NBC draws record-low TV ratings for 2022 Beijing Olympics
The Beijing Winter Olympics set record low ratings, drawing the smallest television audience in Games history. Viewership was down 42% from 2018.
Shell to export LNG to China under new agreement
Shell has signed an agreement with energy infrastructure owner and operator China Oil & Gas Pipeline Grid (PipeChina) to export liquefied natural gas to China through LNG regasification terminals …
CasperLabs will Power Distributed Digital Certificates and Blockchain Applications in Fuzhou, China
BSN chooses CasperLabs as the blockchain service provider for a major southeastern Chinese port cityZUG, Switzerland, Feb. 23, 2022 (GLOBE NEWSWIRE) — CasperLabs, a leading blockchain software …
Puma Sees No End to China Woes as Sportswear Brands Suffer From Continued Boycott
Puma SE’s sales performance in China remains heavily affected by a consumer boycott that began last year and it is unclear when the company will return to organic growth in the key market, its chief…
China’s anti-epidemic supplies arrive in Kiribati
Anti-epidemic supplies provided by China were flown to Kiribati’s capital Tarawa on Wednesday to help the South Pacific island country cope with the COVID-19 pandemic.
JPMorgan’s Kolanovic Says Stocks Will Rise on Pandemic End, China Stimulus
There are two things that give Marko Kolanovic confidence in his bullish stocks call for 2022, even after a difficult start to the year for financial markets, with rising inflation and Russia-Ukraine …
Sinochem completes China’s first blockchain warehouse receipt pledge for crude oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cloud Chain, its blockchain-based supply …
China accuses U.S. of “creating panic” over Ukraine crisis and dismisses sanctions against Russia as ineffective
Beijing suggests the Biden administration is “adding fuel to the fire while blaming others,” which it considers “irresponsible and immoral.” …
China boosts support for export credit insurance
China is moving to step up support for export credit insurance as part of its efforts to spur the stable growth of foreign trade R …
China’s Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
The National Development and Reform Commission, China’s top economic planning body, proposed punitive electricity prices for crypto miners in November 2021. The NDRC’s Zhejiang branch and the local …
Xinhua Headlines: Foreign enterprises ready to explore “blue ocean” in China’s Olympic economy
Driven by the Beijing Winter Olympics, business opportunities in China’s ice and snow sports market have become a “blue ocean” in the eyes of foreign brands. * Investments will involve the whole ice …
