We felt the market value of cryptocurrencies would tumble 20% in 2023 as hype about digital money cooled off. In the end, we were too cautious. Based on our calculations, cryptocurrencies lost roughly …
Monthly Archives For January 2023
WHO Urges China Again To Share Data On COVID-19 Outbreak, Highlights US’ Transparency
The World Health Organization (WHO) has called on China to be more transparent in sharing data on its explosive COVID-19 outbreak, whilst praising US.
Beijing Slams Japan & S Korea’s ‘discriminatory’ Measures Targeting China Amid COVID Surge
China’s Foreign Minister Qin Gang said that “discriminatory, unscientific and excessive” measures by South Korea and Japan had triggered Beijing’s visa ban.
China says its imports, exports are estimated to have hit new highs in 2022
China’s imports and exports are estimated to have reached new highs in 2022, Shu Jueting, a Ministry of Commerce spokesperson, told a media briefing on Thursday. The increasing risk of a global …
Clouds might be scattering in China’s venture capital world
The outlook of investing in China is suddenly brightening up as the country gradually phases out its draconian zero-COVID policy, which has caused disruptions in businesses of all kinds and kept the …
Lighting maker Signify cuts 2022 outlook again on China, business lighting
Signify, the world’s biggest maker of lights, on Thursday again cut its full-year profit margin and sales guidance, citing a steeper slowdown in China than expected and lower demand for professional …
Lights maker Signify cuts its 2022 outlook again on lower consumer demand, China
Signify , the world’s biggest maker of lights, on Thursday again cut its full-year profit margin and sales guidance, citing a steeper slowdown in China than expected and a lower demand from businesses …
China’s 2022 auto sales rise 9.5% but growth weakening
China’s auto sales rose 9.5% last year as electric vehicle purchases nearly doubled, but demand in the global industry’s biggest market slumped in December, foreshadowing weaker growth …
China lockdown hits Uniqlo parent’s first-quarter profit
Fast Retailing, the parent company of Japanese clothing giant Uniqlo, said Thursday its net profit for the first quarter slid 9.1 percent because of the Covid-19 lockdown in China. “(The) result was …
WHO working with China on Lunar New Year COVID-19 risks
The World Health Organization said it is working with China to manage the risks of COVID-19 surging again as people travel for Lunar New Year celebrations but the country’s
China’s local governments set 2023 growth targets, offering clues on economic recovery
A number of key provinces and cities in China have announced their growth targets for this year, most of them above 5%, offering the first clues about the country’s economic path in 2023.
Hong Kong businesses cheer China reopening, but warn there’s a long way to go
Kiki Yang brought an empty green suitcase from Shenzhen to Hong Kong this week to load up on new purchases for her family and friends.
China Condemns Kabul Attack, Hopes Afghan Govt Can Protect Citizens of All Countries
China strongly condemns the Kabul attack and hopes the Afghan government can protect citizens from all countries, including Chinese nationals, the Chinese foreign ministry said at a regular daily briefing on Thursday.
