Demand for Chinese goods is weak. Foreign companies continue to shift parts of their supply chains elsewhere. Even student exchanges and tourist visits …
BUSINESS
China-Turkey business deals on rise as ‘strategic partnership’ evolves out of geopolitical strife with West
Turkish ambassador says his country can help China’s trade with the world, including the European Union, with which Turkey has a free-trade agreement while China does not.
China’s New-Style Tea Brands Chagee, ChaPanda Set Up Packaging JV
China’s new-style tea market grew 3.5 percent to CNY103.8 billion (USD14.6 billion) last year from 2021, according to a report by consultants AskCI Research. It will likely swell to CNY149.8 billion …
Walmart shifts to India, cuts China imports
Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.The world’s …
China Is ‘Throwing Gas On Raging Crypto Bull Market,’ Former BitMEX CEO Says
Former BitMEX CEO Arthur Hayes says China seems to be prepping up to infuse the economy with overflowing credit thereby pushing Bitcoin (CRYPTO: BTC) and thus …
Shein IPO raises fresh questions on alleged forced labor in supply chain
As China-founded e-commerce behemoth Shein moves to list in New York, U.S. lawmakers are again calling on it to prove that forced labor is not used to make its $5 t-shirts and $10 sweaters. Shein…
Walmart shifts to India from China for cheaper imports
Walmart is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.
India’s April-Oct steel imports from China at four-year high
India’s finished steel imports from China touched a four-year high in the first seven months of the fiscal year that began in April, according to provisional government data reviewed by Reuters on …
RPT-COLUMN-China’s rising copper imports belie manufacturing gloom: Andy Home
LONDON, Nov 28 (Reuters) – China’s imports of refined copper have quietly accelerated over recent months, taking volumes to a year-to-date high in October. Inbound flows have been boosted by catch-up …
Shein’s IPO raises fresh questions on alleged forced labor in its supply chain
Shein has been eyeing a US IPO for at least three years but has been deterred by headwinds that included tensions between Beijing and Washington.
Shein’s IPO raises fresh doubts over supply chain labour practices
Public securities lawyer Penick said that the SEC’s handling of Shein’s IPO will be crucial for other e-commerce players including ByteDance’s TikTok and PDD Group’s Temu, which may consider going …
Shein’s IPO raises fresh questions on alleged forced labour in its supply chain
Founded in 2012, Shein has been eyeing a US IPO for at least three years but has been deterred by headwinds that included tensions between Beijing and Washington. The online fast-fashion retailer, …
Analysis-Shein’s IPO raises fresh questions on alleged forced labor in its supply chain
Founded in 2012, Shein has been eyeing a U.S. IPO for at least three years but has been deterred by headwinds that included tensions between Beijing and Washington. The online fast-fashion retailer, …
ADVERTISEMENT
