China remains an important market for multinational corporations (MNCs) this year as executives eye opportunities from a rebound in consumption, even if their prospects have been bedevilled by …
BUSINESS
Lazada layoffs put spotlight on potential IPO, growing competition in South-east Asia
Potential investors would want to put money in a company where the cash burn is under control. Read more at straitstimes.com.
China’s exports grow for first time in 7 months in relief for factories
China’s exports grew for the first time in seven months in November, suggesting factories in the world’s second-largest economy are attracting buyers through discount pricing to get over a prolonged …
WRAPUP 1-China’s exports grow for first time in 7 months in relief for factories
Mixed manufacturing data for November has kept alive calls for further policy support to shore up growth but also raised questions about whether predominantly negative sentiment-based surveys have …
Ride the Blockchain Bandwagon with Canaan Stock (NASDAQ:CAN)
With the sharp sentiment pivot, several individual cryptos and sector-related enterprises flourished, except for Canaan (NASDAQ:CAN). Still, those who want a ticket on the blockchain bandwagon might …
Too big to ignore: China made up 15 pc of revenue for the world’s top 200 multinational companies in 2022, Bain’s data shows
China made up about 15 per cent of global revenue for 200 of the biggest MNCs from Japan, Europe and the US in 2022, according to Bain & Co’s data China’s role was even bigger…
Economic Watch: Riding RCEP momentum, China-ASEAN industrial cooperation continues to deepen
Boosted by the Regional Comprehensive Economic Partnership (RCEP) agreement that entered into force on Jan. 1, 2022, industrial cooperation between China and ASEAN has continued to deepen over the …
Price Wars Break Out Among Consumer Brands in China as Growth Slows
A new chain of grocery stores that stocks only deeply-discounted soon-to-expire foods. These are some of the deals foreign and domestic brands are rolling out to woo Chinese shoppers trying to stretch every penny as…
China slams US chip export control, suppressing China’s semiconductor industry
Chinese foreign ministry spokesperson Mao Ning on Monday said the United States has been stepping up control over chip export to China and going after China’s semiconductor industry in the name of …
Land ports in Xizang see growing imports and exports
The import and export value of four major land ports in southwest China’s Xizang Autonomous Region totaled 4.56 billion yuan (about 642.2 million U.S. dollars) from January to November 2023, a year-on …
Food exporters urged to renew China registration
The Department of Trade and Industry (DTI) is reminding local companies exporting food to China to renew their registration as the Chinese trade regulatory body has issued the notice of approaching …
CN Resumes Import Tariff for Coal; CHINA SHENHUA (01088.HK) Elevates Nearly 2% Amid Falling Mkt
The Customs Tariff Commission of the State Council has released the “Import and Export Tariff Rules of PRC (2024)”, resuming the tariff on coal imports from 1 January 2024. The ge …
China food security: agricultural corruption crackdown ‘far-reaching’, state broadcaster says
Second episode of a four-part documentary series by state broadcaster CCTV focuses on corruption in China, including food security in Heilongjiang province, with 1,011 cases filed and 1,367 officials …
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