China has banned cryptocurrencies outright, and the West is looking to regulate them. India is taking a different approach: Tax them to death. One of the world’s most spectacular crackdowns on …
Monthly Archives For July 2022
Steel prices at premium as China quits export market
After lying low for the last two months, domestic steel prices are being quoted at a premium over imports as shipments from China are being delayed due to a sharp fall in their production. Domestic…
China smartphone brands such as Xiaomi continue to lead India market despite increased scrutiny, Canalys data shows
Chinese smartphone makers accounted for four of the top 5 players in the country in the second quarter, led by Xiaomi Xiaomi was slightly ahead of Samsung Electronics, with an 18 per cent share, …
The trade war within China
China has been battling local protectionism for just as long. Newspapers in 1991 were full of tales of “economic warlords” dividing China into “dukedoms” protected behind “bamboo walls”, recalls …
Why luxury brand Manolo Blahnik has waited 22 years to sell shoes in China
Luxury shoemaker Manolo Blahnik has won a 22-year legal battle in China over a trademark dispute and will now be able to use its own name in the country.The high-profile victory has paved the way…
Beijing warns US of ‘forceful’ reply to Taiwan visit by Pelosi
Planned visit by US House Speaker Nancy Pelosi would ‘shake the political foundation of China-US relations’, Chinese foreign ministry says The risk and cost would be huge, Chinese Academy of Social …
Camping, sports activities thrive at Beijing Expo Park
The Beijing Expo Park, where the International Horticultural Exhibition took place in 2019, has become a camping resort this summer. Twelve camping areas named after the constellations at the park …
Heatwaves to hit China from east to west as almanac’s ‘big heat’ day looms
Heatwaves are forecast to return to China over the next 10 days after a brief respite, with high temperatures expected from east to west, meteorologists warned on Thursday.
Graphic assault footage sparks outrage over violence against women in China
The incident is the second display of public violence against women that has made national headlines in the last month.
Tornado kills 1 in eastern China as country faces high temps
A tornado blew through 11 villages in a farming region of eastern China, damaging homes, killing at least one person and injuring 25 others …
Video: China Deploys Tanks After Top Bank Declares People’s Money ‘Investment Products’
The tanks were rolled on the streets to scare Henan bank protestors amid large-scale protests in the province by bank depositors over the release of frozen funds.
As China’s mortgage boycott revolt spreads, senior banking regulator assures steps to solve crisis
The mortgage boycott crisis in China has spread to 319 projects from around 100 a week ago Senior banking regulator says banks will provide loans to developers to complete delayed residential projects …
Video shows army tanks deployed in China to stop people from withdrawing money from bank; netizens react
A newly surfaced video from Henan shows a long queue of armoured tanks deployed on the street of China to prevent the citizens from getting to the bank to withdraw their own money …
