Tadashi Yanai, chairman and president of Uniqlo clothing chain operator Fast Retailing Co., has caused controversy in China for ・・・ …
Monthly Archives For November 2024
How China Can Hit Back at Trump: Target US Firms, Turn to India, Africa
China wields new powers as it confronts the prospect of another trade conflict with the US, expanding its retaliatory reach in recent years to include tools capable of wreaking havoc on global …
Bitcoin was once dominated by China, but the Trump bump is shifting momentum to US
As the world’s factory, China cornered the market on bitcoin mining, leading to a flurry of crypto business activity before a harsh crackdown in 2021.
China Nov manufacturing activity expands for second straight month
BEIJING, Nov 30 (Reuters) – China’s manufacturing activity expanded for a second straight month in November, an official factory survey showed on Saturday, supporting policymakers’ optimism that …
China resumes visa-free scheme for short-term Japan visitors
China restarted its unilateral visa-free arrangement for short-term Japanese visitors on Saturday, allowing stays of up to 30 days in a move believed to be aimed at promoting tourism and trade amid a …
China central bank conducts 800 billion yuan of outright reverse repos in Nov
China’s central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November. The People’s Bank of China (PBOC) said the repo operations aimed to keep …
China’s Supreme Procuratorate Outlines Crypto Focus in New AML Law
Procurator-General Ying Yong of China’s Supreme People’s Procuratorate emphasized combating crypto laundering under the revised AML Law.
Trump has assembled a team of China hawks. How will Beijing respond?
One called China an “existential threat.” Another called for a “whole-of-society effort” to confront China and was sanctioned – twice – by Beijing. A third claimed the Chinese military was …
China is on edge after Trump’s talk of tariffs
Beijing’s commerce ministry said tariffs wouldn’t ‘solve America’s own problems.’ Investors are taking a wait-and-see approach.
China Offers Surprise Response to Tadashi Yanai’s Comment About Xinjiang Cotton
A Chinese government spokesperson took a softer stance on the hot-button issue, and said businesses that source and manufacture in China “should not be swayed by political pressure.” …
China’s consumption is ticking up, but can it be sustained?
Whether it can be sustained depends a lot on the real estate slump. Most household wealth in China is invested in property. These days, homeowners don’t feel rich. Gu and her husband each bought a…
Exclusive: HSBC pulling back from China credit card business after struggling to expand
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second-largest economy, …
Clouds of a Currency War Scudding Over China
Competing tariffs could lead to monetary mischief of the first water.