Shein cut its valuation to $64 billion in this fundraising, down by a third from a funding round a year ago, according to six sources with knowledge of the matter.
Monthly Archives For March 2023
Less than a fifth of China’s executive positions are filled by women, says Bain & Company
Kiki Yang of the consulting firm says the “drop-off … happens when you go from the mid-levels to the executive levels.” …
Credit Suisse clinches approval to launch wealth business in China: report
The Swiss bank is pushing to roll out its wealth business in China by the first half of 2023. The expansion targets China’s CNY27t market. ALSO READ: Credit Suisse woos the wealthy with higher deposit…
China’s Burst of Copper Exports Shows Economy Still Struggling
China’s copper smelters are preparing to boost exports, a sign its manufacturing and construction sectors aren’t yet making a decisive recovery from the ravages of the past year.Most Read from …
Labor government scraps China COVID-19 testing requirement after introducing the controversial measure in January
The news comes after Labor followed several other nations in January, including the United Kingdom, in announcing that all travellers from China would be required to test negative for coronavirus in …
Rose exhibition celebrates beauty in Shenzhen
An exhibition to display rosa chinensis, or the China rose, opened in Shenzhen of Guangdong province on Wednesday, where people can visit the rose at three parks including Renmin park in Luohu …
U.S. says it doesn’t want to separate its economy from China’s
The U.S. is pushing back on the idea it wants to suppress China, according to a State Department spokesperson’s comments.
Dutch to restrict semiconductor tech exports to China, joining US effort
The Netherlands’ government on Wednesday said it plans new restrictions on exports of semiconductor technology to protect national security, joining the US effort to curb chip exports to China.
6 companies that struck it big on China’s zero-COVID policies and came out on top after 3 years of lockdowns
A select few firms saw tremendous growth as cities locked down and China closed itself off to global travel.
Dutch to restrict semiconductor tech exports to China, joining U.S. effort
The announcement marked the first concrete move by the Dutch toward adopting rules urged by Washington to hobble China’s chipmaking industry.
China’s Oil Imports Set To Soar Despite Slow Start To 2023
Despite weak oil imports in January and February this year, analysts still expect China’s oil imports to hit a record high later this year.
Travellers from China will no longer need a pre-departure COVID-19 test
Pre-departure COVID-19 testing for travellers from China will cease on Saturday. The measure was implemented in January as China grappled with a growing COVID-19 wave. Health Minister Mark Butler said …
6 Takeaways as House COVID-19 Panel Investigates Chinese Lab Leak
The House on Wednesday held its first hearing investigating the origins of COVID-19 after two federal agencies suggested the pandemic likely began when a new coronavirus escaped China’s Wuhan …
