JPMorgan chief executive Jamie Dimon has warned investors need to brace themselves for an economic “hurricane”—predicting market volatility as the Fed implements its policy of “quantitative …
Monthly Archives For June 2022
Amazon to Pull Kindle Business Out of China Next Year
The online retailing giant says in a statement that it will discontinue its Kindle e-book store in China on June 30, 2023.
Apple, Samsung, Xiaomi left out of Shenzhen’s 100-million-yuan subsidy even as China’s tech hub expands eligible product list
Consumers can now get a 15 per cent subsidy on 9,407 gadgets and appliances as the local government aims to stimulate consumer spending and give a boost to its home-grown manufacturers.
Countries to request ILO China mission to probe alleged Xinjiang labour abuses: sources
A group of dozens of countries is set to ask the International Labour Organization on Thursday to set up a mission to probe alleged labour abuses in China’s Xinjiang, three sources familiar with the …
China Pushes Ahead With Plan to Cut Reliance on Iron Ore Imports
China’s top economic planner said this week that it met with iron and steel industry groups as part of plans to reduce the country’s dependence on foreign iron ore — over the next couple of…
Amazon Will Pull Kindle From China
E-commerce giant Amazon is discounting sales of its Kindle in China, the latest retreat of a western tech giant from the country. Amazon said government pressure or censorship wasn’t the reason for …
Amazon to close Kindle bookstore in China
US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.
China’s Logistics Gauge Recovers in May Amid Ebbing Covid-19 Outbreaks
China’s logistics market rebounded rapidly last month as the most recent wave of Covid-19 outbreaks was increasingly brought under control. China’s logistics prosperity index rallied by 5.5 percentage …
Journalist detained in China denied chance to speak to family, partner says
Since the trial, Chinese authorities have deferred announcing a verdict. Cheng, 46, had worked as a business journalist for Chinese state broadcaster China Global Television Network. Speaking about …
Beijing public transport to auto-check health code, NAT results
Beijing subways and buses will implement a new ticketing system that attaches passengers’ health codes to their transit cards, said the municipal transport authority on Thursday. According to the new …
Beijing speaks out against US-Taiwan trade talks
The Commerce Ministry said Beijing opposes any form of official contact between Taiwan and foreign countries, adding Washington should prudently handle trade and economic ties with Taiwan.
China’s Green Finance Market: Policies, Incentives, Investment Opportunities
China’s green finance market is poised for growth, supported by the development of its green finance system and various government policies and initiatives.
Shanghai reopening: all exchange staff, who have kept China’s largest bourse ticking through two-month-long lockdown, to leave closed loop on June 6
All technicians, compliance officers and back-office clerks will be able to commute from home every day Some employees were allowed to leave the closed loop on Wednesday The Shanghai Stock Exchange …
