China may ask its soybean crushers to prioritize local supplies as the world’s top buyer seeks to reduce its reliance on imports.
BUSINESS
Tim Cook praises China’s ‘critical’ role in Apple’s business
Apple chief Tim Cook has said China is “critical” to its business in comments made during a visit to the country, where consumers are showing signs of souring on the company’s iPhones and US …
China boosts crude oil stockpiling, but higher prices may see import pullback: Russell
China boosted inventories of crude oil in the first two months of the year, a move that gives refiners options to trim imports in coming months if they deem prices have risen too high.
‘Rich Dad Poor Dad’ Author Says Foolish And Desperate China Is In Trouble: ‘This Is Not The Time To Buy Stocks And Bonds’
Renowned financial expert, Robert Kiyosaki, cautions against investing in stocks and bonds amidst China’s economic instability, advocating for gold, silver, and Bitcoin (CRYPTO: BTC) instead.
Shein to Market Its Unique Supply-Chain Technology to Global Brands
China-founded Shein has built a bargain fashion empire with a pioneering small-batch manufacturing model. Now it is planning to open that up to global brands and designers. The move represents a shift …
Top 10 most valuable Chinese automobile brands
The “Top 100 most valuable automobile brands 2024” list was revealed by the British brand evaluation agency Brand Finance in March this year. 22 Chinese automobile brands made it to the list. BYD …
Fed Triggers A Huge Bitcoin Price Pump As BlackRock Quietly Launches ‘$5 Trillion By 2030’ Game-Changer That Could Boost Ethereum, XRP And Crypto
BlackRock has revealed the next stage in its plan for a “technological revolution in the financial markets” that could cause a bitcoin, ethereum, XRP and crypto price …
EU sees 200% surge in imports from China’s Xinjiang region despite human rights concerns
Trade data shows total value of shipments at US$312 million compared with just US$98 million a year prior, led by Poland, Belgium and the Netherlands Most popular goods were lithium-ion batteries, …
Guilty Verdict for Woman Accused of Laundering Bitcoin Tied to Alleged $6B China Fraud: Bloomberg
Zhimian is said to have duped around 130,000 investors in China in an investment scam that prosecutors estimated brought in almost $6 billion. Jian will be sentenced on May 10. Read More: UK Law …
UK woman Wen Jian guilty of laundering bitcoin from US$6.3 billion China fraud
Prosecutors say Wen helped hide the source of money allegedly stolen by mastermind Qian Zhimin from nearly 130,000 Chinese investors in a US$6.3 billion fraud scheme.
China EV exports, slammed by West’s trade barriers, find greener pastures with free-trade partners
Customs data for January and February shows how anti-subsidy probes and trade restrictions are taking a toll on new-energy sector, putting EV producers at risk of being squeezed out of the market.
China’s chips are off the table – US considering Huawei sanctions over secretive chip network
This includes Qingdao Si’En, Shenzhen Pensun Technology CO., and SwaySure, among other more significant manufacturers … part of the diplomatic toolkit used by the US, Russia and China since 1945.
Chinese Fuel Oil Imports Jumped by 21% in the First Two Months of the Year
China saw its imports of fuel oil surge by 21% in January and February compared to a year earlier as demand from refiners climbed.
