Emerging market stocks dropped on Tuesday on worries about an economic slowdown in China caused by COVID-19 lockdowns, while South Africa’s rand fell against a firming dollar amid severe power cuts …
BUSINESS
China imports Pakistani pine nuts worth $17.67 million in two months
China has imported Pakistani pine nuts in the first two months of this year touching a historical figure of US $17.67 million, according …
Lockdowns dim China outlook
Chinese leaders face pressure to shore up sinking economic growth after Shanghai and other cities shut down to fight coronavirus outbreaks, threatening to disrupt global trade and manufacturing.
China’s largest broadcaster’s NFT series becomes a trilogy
State-owned broadcaster China Central Television (CCTV)’s online branch will launch a new non-fungible token (NFT) series on Thursday to celebrate the seventh China Space Day. See related article: …
Multinational brands must be China-specific, not rely solely on global experience to thrive on the mainland, analysts say
Multinational consumer brands need to be agile and adapt to rapid change and keen local competition to thrive in China, and avoid the blind application of global practices, analysts said.
China developers speed up diversification after debt-led growth fuels crisis
Chinese developers are heeding Beijing’s call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their reliance on a high-debt, …
COLUMN-China resumes storing oil, but this time it’s bearish for crude: Russell
China resumed building crude oil stockpiles in the first quarter of 2022, but unlike previous periods of inventory builds the current additions are a bearish signal. By Clyde Russell LAUNCESTON, …
IC design houses see more order cutbacks from China phone brands
Chinese brand mobile phone vendors have further cut chip orders for the second quarter, casting a shadow over the demand prospects for the second half of the year, according to sources at Taiwan-based …
Everlight, Chicony see China lockdown impacts on factories
LED packaging service provider Everlight Electronics and keyboard and compact camera module maker Chicony Electronics have temporarily stopped production at their factories in an industrial park in …
5:24 Goldman Expects China’s Economy to Grow 4.5% This Year
Hui Shan, chief China economist at Goldman Sachs, discusses the outlook for the world’s second-largest economy and policies. China’s central bank announced a spate of measures to support individuals …
Didi’s Brief U.S. Foray Is Ending. What Happens Next?
The firm pressed ahead with the June 2021 IPO anyway, in a move that Beijing saw as a challenge to its authority. Days after the listing, the government announced a cybersecurity probe into the firm…
China-US ties benefit rebound in trade order
China and the United States should improve economic and trade cooperation to foster a steadily growing relationship, which is not only in the interests of the two countries but is important for the …
China to ramp up financial support for real economy
China has rolled out a raft of measures to strengthen its financial support for the real economy, the country’s financial authorities said Monday. The country will ramp up financial support to relieve …
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