China launched a 23-tonne research lab module to its newly built space station Tiangong on Sunday 24 July. The lab Wentian, or “Quest for the Heavens”, is expected to carry out biological and life …
Monthly Archives For July 2022
A Nancy Pelosi Taiwan Visit Would be a Trump China Foreign Policy Triumph
Even as President Biden said the Pentagon believed the trip was “not a good idea right now,” Democrats have channeled the Republican ex-leader’s views on China.
Adidas cuts full-year profit target on slow China recovery
Adidas on Tuesday cut its 2022 earnings target, citing a slower than expected recovery in its business in Greater China.
Senate Advances Expansive Industrial Policy Bill to Counter China
The vote indicated bipartisan support for the legislation, which had been at risk of being scaled back substantially until Republicans rallied around a more extensive bill.
Goldman warns China’s property crisis will sink iron ore price
Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.
China targeted the Fed for more than a decade, Senate report finds
Lawmakers accused the Chinese government of “malign efforts to target, influence and undermine the U.S. Federal Reserve” in a report released Tuesday.
Ant Group execs step down as Alibaba partners as China’s regulatory scrutiny pushes firms to seek distance
Ant Group is an affiliate of Alibaba in which the e-commerce giant owns 33%. But the fintech giant has been looking to distance itself since its halted IPO.
China’s economic inequality is worse than America’s. And the pandemic hasn’t helped.
Many living at the margins of China’s economy have suffered profoundly during the pandemic. At the same time, the rich have only gotten richer.
China’s BRI spending fell to $28.4 billion in first half of 2022
According to research published on July 24 by Shanghai-based Green Finance and Development Center (GFDC), multiple countries saw a 100 per cent drop in BRI engagement compared to H1 2021, such as …
LVMH Q2 sales climb 19%, offsetting slower China
Sales at LVMH, the world’s largest luxury group, rose by 19% in the three months to June, as robust growth in the U.S. and China helped it offset a new round of lockdowns in China.…
China’s palladium imports from Russia rise to a record high
The world’s biggest miner of the precious metal is rerouting shipments as many of its usual customers shun its goods following the invasion of Ukraine.
World Brand Lab Released ‘China’s 500 Most Valuable Brands of 2022’
In 2022, the total value of China’s 500 Most Valuable Brands is 30,972.81 billion RMB, up 11.03 since last year. Steve Woolgar, Chairman of the World Brand Lab and Emeritus Professor of Marketing at …
China sees 32.3m entry and exit trips in Q2 as authorities optimize measures amid controlled COVID-19 situation
A total of 32.3 million entry and exit trips were recorded in China from April to June, showing a quarter-on-quarter increase of 5.64 percent amid the growing demand of Chinese travelers to go abroad …
