“The more commoditised the product or more competitive the product category, the higher the proportion of spend on ads,” Brian Wieser, an advertising industry analyst, recently wrote, arguing that …
Monthly Archives For July 2024
Beijing inches closer to war with ‘monster’ ship as tensions erupt in South China Sea
which have figured in dangerous faceoffs with Beijing’s forces. During high level talks last week, Philippine Foreign undersecretary Theresa Lazaro told her Chinese counterpart, vice foreign minister …
Beijing’s ‘monster ship,’ the world’s largest coastguard vessel, dropped anchor in the South China Sea
China’s largest coastguard ship dropped anchor in Manila’s exclusive economic zone earlier this week. The vessel anchored there as “an intimidation,” the Philippine Coast Guard said. Maritime …
Work begins sealing breach at China’s second-largest freshwater lake
Rescue personnel began sealing a breached dike at China’s second-largest freshwater lake in the south of the country on Saturday afternoon after water levels stabilised on both side of the burst, Chinese state media said.
China’s dirty and dangerous race to become a space superpower
It was supposed to be a moment of triumph for China’s space industry. The 180ft Long March 3B rocket stood on the launch pad, ready to carry an American-made satellite into orbit on its debut…
How Amazon is losing a race to the bottom with China
Need to buy a paintbrush? You might start in the same place millions of shoppers do every day: by opening the Amazon app. In the search results you will find a baffling array of brushes,…
What does China’s private sector want from the third plenum? A survey sheds light
This can avoid direct intervention in business operations and reduce administrative costs,” it said, citing survey respondents. Some of the businesspeople also said China should stop labelling firms …
China’s tech boom powering AI career coup, with finance muscled out at top of salary pyramid
China’s rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country’s salary rankings for the second quarter of 2024, as Beijing’s push for self-sufficiency in …
Budweiser beats emissions goal in China, reaffirms 2040 carbon neutral aim
The company, which makes some 50 beer brands including Corona, Hoegaarden and Stella Artois at 47 breweries in markets including China, South Korea, India and Vietnam, will use its in-house knowledge …
Is the ‘Angola model’ over as China buys more crude oil from Gulf and Russia than Africa?
Major African oil suppliers, including Angola and South Sudan, are struggling with declining production and exports to China as it finds other markets More than a decade ago, Angola was China’s No 2 …
Hongkongers eye Zhongshan property as new bridge from Shenzhen delivers buyers
Zhongshan Link’s opening has led to a doubling of viewings, driven by Hong Kong and Shenzhen residents, according to agents Developers in the Greater Bay Area city of Zhongshan are seizing on the …
China’s import of Iranian crude hits 8-month high
China’s independent refiners, mainly in eastern Shandong province, increased their Iranian crude imports by 4.3% in June to an eight-month high of around 6.1 million mt to cut feedstock costs and …
China’s central bank refrains from gold purchases for a 2nd month
China’s central bank refrained from gold purchases to its reserves for a second consecutive month in June, official data showed on Sunday. The pause by the People’s Bank of China (PBOC) started in May …
