They are doing this through Indian electronics contract manufacturers like Dixon Technologies and Optiemus Electronics. Gizmore’s CEO, Sanjay Kalirona said that the shift in wearables assembly from …
Monthly Archives For June 2023
Has Hermès gone too far with its exclusive sales tactics? Customers reportedly spend over US$10,000 on accessories just to join a Birkin, Kelly or Constance waiting list …
Customers must reportedly spend thousands on other HermEs products before earning the privilege to buy a bag, with dissatisfaction leading to the #HermEsgame tag on TikTok The practice, dubbed ‘pei …
Tech firms look to India as China manufacturing alternative — if it can overcome challenges, expert says
India faces a challenge to improve infrastructure to continue handling the incredible demand for its manufacturing as the government continues to broker lucrative deals.
Beijing Beware of Temperatures Above 40 Degrees Celsius
Beijing and several cities in northern China were hit by a heat wave. Temperatures can reach 40 degrees Celsius or more.
China in Africa: why Angola’s economy is likely to rely on Chinese financing for decades to come
For the past six years, the country’s president has been trying to cut its reliance on oil and Chinese debt Luanda used surging crude prices to pay down some borrowings but Chinese lenders are still…
Two more China developers say they can’t meet debt obligations
Chinese developers’ unprecedented cash crunch has resulted in record bond defaults and missed payments. Read more at straitstimes.com.
China’s surprising move as Beijing slashes rates amid global economic turmoil
China and Australia have taken polar opposite approaches to rates-driven recovery. Picture: Brent Lewin/Bloomberg The PBOC reduced its one-year loan prime rate (LPR) by 10 basis points to 3.55 per cent and lowered the five-year…
Central China Real Estate’s Shares Jump After Developer Halts Offshore Debt Payments
By Bingyan Wang Central China Real Estate’s shares jumped in Hong Kong trade on Monday morning after the developer said it would halt offshore debt …
Brazil To Push For De-Dollarization At BRICS Meeting Days After Signing First Crypto Law
Brazilian President Luiz Inácio Lula da Silva revealed the nation’s plan to raise the issue of de-dollarization at the next meeting of BRICS.
Beijing Review: Getting Results
“La única forma de ser provechosamente nacional consiste en ser generosamente universal.” That is Spanish for “the only way to be profitable on a national level is to be generous on a universal one.” …
Yuan Weakens to 7-Month Low Despite China’s Move to Stem Decline
The onshore yuan reopened from a holiday on the back foot, despite a move by China to slow its slide with a stronger-than-expected reference rate for the managed currency.
The South Korean ‘master’ of chips accused of sharing secrets with China
“China has energetically ramped up its state-sponsored industrial … and the output and yield results are not good,” one of them says. CHJS’s financial situation began to deteriorate. According to …
Across China: Former quarry’s green revolution in suburban Beijing
“In 2017, 1.1 hectares of land was vacated as the illegal construction facilities were demolished and the land lease contract of the breeding farm expired.” “In 2018, trees were grown on 1.1 hectares of the…
