Chicago wheat futures fell for a seventh straight session on Thursday and touched a 21-month low on export competition while corn hit a nine-month low, walloped by cancellations of U.S. corn sales to China.
Monthly Archives For April 2023
With China’s crayfish back on the market, Tianhe Aquatic courts international buyers
Tianhe Aquatic is a producer and marketer of crayfish, and Kang said the product has become more popular across China as well as in Europe and the United States, especially among the Chinese diaspora living…
U.S. corn futures fall to nine-month low as China cancels another sale
Corn futures in Chicago sank to a nine-month low as China canceled more previously purchased orders for U.S. corn, and wheat futures fell for a seventh straight session.
Taiwan exports to China drop by 30%
Taiwan’s exports to China (including Hong Kong) were only US$34.3 billion from January to March 2023, a 30.6% decrease from the same period the previous year, according to Taiwan’s Ministry of Economic Affairs.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
Lawmakers grill FBI director on China police stations in America’s backyard
Wash., says this should be ‘alarming’ for every American in the wake of growing threats from China on ‘Your World.’ …
Billionaire Ray Dalio just spent 13 days in China and has advice for the world’s 2 great powers ‘on the brink of going to war with each other’
Ray Dalio founded hedge fund Bridgewater Associates. Lintao Zhang—Getty Images Ray Dalio is worried about U.S.-China relations. The veteran investor and founder of hedge fund Bridgewater Associates …
Ten photos from across China: April 21 – 27
A staff member performs the long-mouthed pot technique during an activity at the 14th Beijing International Tea and Tea Ceremony Exhibition in Beijing on April 21, 2023. The show is being held from …
Eshallgo, Chinese office equipment provider, files for $15M US IPO
Eshallgo (EHGO), a provider of office equipment, supplies and services in China, has filed for a $15M US initial public offering. Read more here.
China Ratchets Up Pressure on Foreign Companies
Surprise visits, probes and detentions come just months after Beijing’s open-for-business message to global investors.
Sweeping indictment shows role of China’s chemical firms in fentanyl crisis
But experts say there’s little chance the Chinese chemical companies that sell ingredients to Mexican cartels will be prosecuted.
Ray Dalio: U.S. and China are ‘on the brink of going to war’
The billionaire investor said the two countries are using sanctions and their armies to push the other across the “red line” of launching an actual war.
LVMH zeros in on China for global Tiffany & Co overhaul
As Tiffany & Co. celebrates its freshly refurbished New York City flagship, “The Landmark,” behind the scenes, top executives are also focused on a retail overhaul further afield — in China, its …