A key gauge of China’s small- and medium-sized factories showed their surprise return to expansion last month, which eased market anxiety about growth stalling in the world’s second largest economy.
Monthly Archives For June 2023
Elizabeth Warren Calls For Legislation To Block Crypto Following Fentanyl Trade Reports
Sen. Warren and Sen. Marshall previously proposed an act that would require transparency from parties wanting to transact using cryptocurrency.
Unleashing The Power Of Virtual And AI-Led Marketing In China: Insights For Brands
Brands are using virtual personas and AI-led marketing in China to engage like never before. NFTs, gamified content and AR are just a few of the options.
Firms are bringing production back home because of the Ukraine war, China’s slowdown — and TikTok
The “reshoring” trend is set to upend supply chains as firms look to source products closer to home, turning away from manufacturing powerhouses like China.
China and key US partner Singapore agree to top-level defense hotline
China and Singapore laid the groundwork Friday for a hotline between the two countries that would establish a high-level communications link between Beijing and a close American partner in Asia at a time when Chinese…
Crypto Price Today: Bitcoin slips below $28,000; Ethereum holds $1,850; XRP up 3%
Bitcoin extended its fall and dropped more than 3 per cent to slip below $27,000-mark once again, while Ethereumshed over 2 per cent but managed to hold above $1,850 levels.
Chinese EV maker Hozon weighs June filing for US$1 billion Hong Kong IPO, sources say
Hozon New Energy, which manufactures affordable electric vehicles, has plans for a US$1 billion IPO in Hong Kong at a time when the sector is witnessing a brutal price war and intense competition …
China’s ‘controllable’ COVID-19 surge expected to peak at 65 million cases per week
Despite warnings a new wave of coronavirus driven by the latest XBB variants could peak at up to 65 million cases a week, China’s health authorities say the situation remains under control.
China’s smart technology thrives in traditional industries
Photo/VCG] China’s ongoing efforts to infuse traditional industries with smart and intelligent technologies are exemplified in the textiles and electric vehicle industries. In Fuzhou’s Changle …
China Caught Lying: Homegrown chip dubbed as ‘world’s most powerful’ is actually old Intel silicon
According to a report from Tom’s Hardware, a Chinese computer hardware producer recently introduced a new chip that is suspected to be a rebranded version of an integrated circuit (IC) from Intel Corp …
China’s factory activity swings to surprise growth in May, Caixin PMI shows
The reading surpassed expectations of 49.5 in a Reuters poll, a stark contrast to a deeper contraction activity seen in the official PMI released on Wednesday.
China’s Vietnamese durian imports seen pushing total demand for fruit to nearly one million tonnes a year
Durian has rapidly become the most popular imported fruit in China, and cities bordering Vietnam are stepping up logistics to ensure fresh supplies can reach any Chinese city in 1-3 daysThailand has …
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its $1 billion Hong Kong initial public offering as soon as this month, according to …