Appreciating Prime Minister Narendra Modi’s decision to ban import of toys from China, Channapatna’s toy makers say that the government’s move has helped in increasing their profits. Channapattana, a …
Monthly Archives For May 2023
White House’s Push For 30% Crypto Mining Energy Tax May Harm Environment More: Expert
While crypto businesses in the U.S. groan for the country’s lack of clear regulations for the industry, the proposed 30% tax on crypto mining could drive miners away to places with much higher carbon …
US envoy to China says next steps to improve relations are up to Beijing
US doors are open, the US is waiting and it is up to Beijing to make the next move to improve relations, Washington’s senior diplomat in China said on Tuesday. Ambassador Nicholas Burns, a …
China Covid whistleblower Fang Bin returns home to Wuhan after jail: Report
The video which resulted in his arrest showed eight body bags outside a Covid hospital in just five minutes. He was the detained but later released.- Later, a video with the message from him came…
US signals more support for South Korean chipmakers in tech battle with China
Samsung and SK Hynix can expect extension to permission for sending US chipmaking tools to their Chinese plants
China’s AI industry barely slowed by US chip export rules
U.S. microchip export controls imposed last year to freeze China’s development of supercomputers used to develop nuclear weapons and artificial-intelligence systems like ChatGPT are having only …
Tesla raises car prices globally, with the biggest increase in China
Tesla has raised prices in its most important electric vehicle markets, including China and the United States, reversing a series of recent price cuts that have pushed the company’s profit margin to …
Starbucks earnings beat as China reverses same-store sales declines
In China, the company’s second-largest market, Starbucks saw its same-store sales increase for the first time since Starbucks’ fiscal third quarter in 2021 as customers returned to its cafes following …
Brands Roll Out Big Events To Make Up For Lost Time In China
Gucci and Miu Miu are first off the block following the easing of travel restrictions. Increased competition for attention means brands should focus on differentiating their events.
China’s Covid whistleblower in Wuhan reportedly freed after three years
Fang Bin was targeted by authorities for reporting on the outbreak of Covid-19 in Wuhan …
Column: Asia’s LNG imports slip as soft China, Japan outweigh stronger India
Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries.
US Lawmakers Query Nike, Adidas Over Forced Labor in China
U.S. House lawmakers are requesting information from Nike Inc., Adidas AG and at least two other companies on whether they are importing products derived from forced labor in China.
Hainan Province in China Allows Import of Urgently Needed Drugs and Medical Devices from May 1
Hainan has optimized its policy for the import of urgently needed drugs and medical devices. We highlight the new regulations and benefits.
