Over the past three years, Bayzed Health Group’s revenue has grown at acompound annual rate of 52.4% The company’s gross profit grew rapidly from around 41 million yuan in 2021 to 178 million yuan in…
Monthly Archives For May 2024
Suspicious Frying Oil From China Is Hurting US Biofuels Business
(Bloomberg) — China is flooding the US with used cooking oil that the biofuel industry says may be tainted, hurting American farmers and President Joe Biden’s push to promote climate-friendly energy.
Visit of Wuhan tourists to NI should have dispelled belief that Covid could be contained, inquiry hears
A belief that Covid could have been contained within China should have been dispelled when Northern Ireland welcomed visitors from Wuhan on January 25, 2020, the Northern Ireland Covid inquiry has …
Why Big Tech May Never Recover in China
Although the crackdown has eased since 2022, it has left a profoundly negative mark on the sector and state-business relations.
China Threatens to Release Audio of Secret Deal With Philippines
China may soon release audio of a purported phone call with a Philippine military official that Beijing claims is evidence of an agreement over disputed territory in the South China Sea, according to Chinese officials.
Cheer Holding’s Subsidiary Obtained Recognition as Specialized and Innovative Enterprise in Beijing
BEIJING, May 07, 2024 (GLOBE NEWSWIRE) — (NASDAQ: CHR) (“Cheer Holding,” or the “Company”), a technology-driven leading provider of advanced mobile Internet infrastructure and platform services, …
CICC, Citic, JPMorgan cut investment banking jobs in China as deals stall
Beijing-based China International Capital Corp (CICC) is planning to reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter told Reuters. Peer CITIC …
China’s FX reserves decline within controllable range, underpinned by strong economic fundamentals: expert
China’s foreign exchange (forex) reserves totaled $3.201 trillion as of the end of April, down by $44.8 billion, or 1.38 percent, from the end of March, according to data released on Tuesday by the …
Macron seeks to charm China’s Xi Jinping into trade concessions in Pyrenees jaunt
In a sign of some progress, China will allow imports of pig origin protein feed as well as pork offal from France effective immediately, according to statements from Chinese customs and the French …
China’s Exports to the U.S. Through Vietnam and Mexico Escalates Trade War
The U.S. import trend confirmed China’s avoidance of sanctions by utilizing Vietnam and Mexico. As a result of the U.S. raising tariffs on Chinese products in 2019 under Section 301 of the Trade Act, …
Visit of Wuhan tourists to Larne ‘dispelled notion Covid could be contained’
The idea that Covid presented no threat outside of China was “very clearly dispelled” when a busload of tourists from Wuhan visited Co Antrim in the early days of the virus spreading, a public inquiry…
China-Russia trade: supercharged energy deals still deemed crucial as West presses Beijing on Ukraine
French President welcomes Beijing’s commitment to ‘refrain from selling any weapons or aid’ to Russia, but commerce official reinforces the need to enhance bilateral trade.
Former head of one of China’s top state-owned phone companies sentenced to 16 years for corruption
Li Guohua, formerly general manager of China Unicom, was sentenced by the Intermediate People’s Court in the eastern city of Qingdao, almost 15 months after the ruling Communist Party’s disciplinary …
ADVERTISEMENT
