Shanghai-based Bloks started as a maker of brick-based toys and entered the assembly character toy market in 2022. It is China’s largest player in the assembly character toy segment, according to a …
Monthly Archives For December 2024
How China Might Get Around the U.S. Ban on Imports Made With Forced Labor
Can China use Canada and Mexico as a way to get around the U.S. ban on imports of Chinese goods from Xinxiang Province?
Asia-Pacific markets retreat as traders digest China data, await central bank decisions
Asia-Pacific markets slipped on Monday, reversing earlier gains as investors weighed key economic data from China and anticipated major central bank decisions, including those from the Bank of Japan …
Bitcoin blasts past $106,000 on Trump’s pro-crypto stance
Bitcoin has surged more than 50 per cent since the November 5 election that saw Trump elected along with many other pro-crypto candidates. The total value of the cryptocurrency market has almost …
Where Did the Luxury Consumers Go? It’s Been a Bad Year for Big Brands
Chinese consumers have fallen out of love with luxury, and shoppers around the world are wondering why prices are so high. This might be remembered as the year luxury consumers thumbed their nose at …
China’s economy logs a lackluster performance in November as retail sales slow
China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry.
China’s Xi calls on party to ‘turn knife inward’ to end corruption
China’s Communist Party must “turn the knife inward” to eliminate problems of discipline, including corruption, President Xi Jinping said, a new call to hunt down corrupt officials and those who corrupt them.
China Races to Squelch Unrest as Signs of Economic Malaise Spread
Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health. A spate of deadly attacks in China in recent weeks—including mass…
China’s weak consumption drags on economy as Trump tariff threat looms
China’s industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for a fragile economy as it braces for more U.S. trade …
China’s November retail sales miss expectations as real estate slump deepens
China’s retail sales rose by 3% in November from a year ago, according to National Bureau of Statistics data released Monday, missing the forecast of 4.6% in a Reuters poll. That marked a sharp …
House select committee gives bipartisan approval to the Wuhan “Lab leak” lies about the origins of COVID-19
The report of the House Select Subcommittee on the Coronavirus Pandemic embraces the baseless campaign fomented by the fascist right blaming a Chinese lab for starting the COVID-19 pandemic.
China’s thermal power generation up 1.9% in Jan-Nov despite renewables growth
China’s power generation from fossil fuels inched up 1.9% year-on-year during the first 11 months of the year, official data showed on Monday, pointing to a slight increase for the full year despite a …
China’s consumption recovery continues despite growth slows, stats bureau says
The trend of China’s consumption recovery has not changed despite year-on-year retail sales growth in November having slowed from October, China statistics bureau spokesperson Fu Linghui said at a …