On a small group of atolls in the central Pacific Ocean, Kiribati islanders celebrated their Independence Day Tuesday with a President who had skipped the region’s first face-to-face meeting in three …
Monthly Archives For July 2022
Uniqlo owner’s Q3 results to offer clues on China recovery, Japan inflation
Japan’s Fast Retailing , home of Uniqlo, is expected to report quarterly profit grew 11% overall on Thursday, but investors’ focus will be on whether China is recovering and how domestic consumers are …
China growth slumps on virus lockdowns, real estate woes: poll
Leaders of the world’s second-biggest economy remain firmly wedded to a zero-COVID approach of stamping out clusters as they emerge, but the fallout has sapped growth and is pushing policymakers’ …
China’s first-half exports rise 13.2% in yuan terms
China’s exports rose 13.2% in the first half of the year in yuan terms from the year-ago period, accelerating from an 11.4% increase recorded in the …
China Bauxite Imports Hit A New Record High in May, While Imports from Mainstream Supply Countries Diverged
Customs data showed that China imported 11.97 million mt of bauxite in May, up 7.6% MoM and 31.4% YoY. Imports from Australia were 3.09 million mt, down 0.95% month-on-month, but up 26.6% year-on-year …
Steps ensure import supply chains unhindered
However, customs authorities will no longer suspend import declarations from foreign companies whose products tested positive, and will only halt imports from food makers overseas that do not comply …
Experts defend much-criticized oil sales to China as required by US law
Recent reports that the United States sent oil from its emergency stockpile to China have touched off a wave of sharp Republican-led criticism in recent days, though experts contended that the sales …
Company breaks foreign brands’ dominance
“Did we get cheated?” That was the thought that private equity company official Chen Ze said went through his head when he first visited the headquarters of a high-tech company his employer planned to …
China’s Miniso has huge plans to continue expanding in the U.S.
Miniso founder Jack Ye is optimistic that the company can gain a foothold in the United States with its “$10 and under” store that it’s planning to bring to the market. CNBC’s Evelyn Cheng reports.
China’s auto market recovers with stimulus policies
After comparing different brands for more than a year, Yan Likang finally put down a deposit on an Audi car at an auto show in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region, in…
Morningstar to Cut Jobs in Shenzhen Amid China Restructuring
Morningstar Inc. is slashing its workforce in Shenzhen, as it seeks to relocate headcount to other countries amid a restructuring in China.
China’s First-Half Exports Rose 13.2% in Yuan Terms
China’s exports rose 13.2% in the first half of the year in yuan terms from the year-ago period, accelerating from an 11.4% increase recorded in the …
China’s Foreign Trade Faces Instabilities and Uncertainties: Customs Official
China’s foreign trade still faces instabilities and uncertain factors even as trade growth in May and June reversed the declining trend in April, said Li Kuiwen, a spokesman for the General …