A long-running crackdown on “idol-worship” by Beijing has caused a significant fall in companies’ engagement with stars, report finds.
BUSINESS
JinkoSolar Is Worth 4 Times More In China
JinkoSolar listed its operating subsidiary Jiangxi Jinko on the Shanghai Stock Exchange. See why JKS’ revenue growth points to stock price upside in 2022.
China Hesitates on Bailing Out Sri Lanka, Pakistan as Debt Soars
Shiba Inu Is Among Four Crypto Tokens Listed on Robinhood Yet the cases of Sri Lanka and Pakistan — both friends of China facing dire financial situations as inflation soars — show that …
China’s widening COVID curbs threaten global supply chain paralysis
China’s race to stop the spread of COVID-19 is clogging highways and ports, stranding workers and shutting countless factories – disruptions that are rippling through global supply chains for goods …
A big iPhone manufacturer suspends production at two factories in China
One of Apple’s top suppliers is stopping work at its factories in and around Shanghai as the city of 25 million people remains under a strict Covid lockdown. Here are the details.
Stellantis rejigs China financing ops in latest reboot plans
“at-above-post addthis_tool” data-url=” Tassilo Hummel and Giulio Piovaccari PARIS (Reuters) -Fiat parent Stellantis will sell its stake in an auto financing joint venture to its Chinese partner …
Across China: Hearing-impaired group sets up thriving cleaning business
A group of hearing-impaired people have established a cleaning company in Hefei City, capital of east China’s Anhui Province. They hope to earn a living and the respect of their community as they …
The Future of Regulation: Navigating CBDC unknowns and crypto appeal
This is an extract from Finextra’s ‘The Future of Regulation 2022’ report. CBDCs: A love-hate saga. While monetary authorities in many countries around the world are conducting st …
China’s Exports to Russia Slump After Ukraine Invasion
China’s exports to Russia slumped in March after the invasion of Ukraine even as shipments to other nations grew quickly, indicating Chinese companies are likely being cautious about trading with …
Uniqlo owner’s results seen as bellwether for China shutdown impact
Uniqlo operator Fast Retailing Co’s earnings on Thursday may give an indication of how major global retailers are weathering COVID-related shutdowns in China, one of the biggest growth markets for …
Honda pulls plug on Acura brand of cars in China in just six years. Here’s why
Honda entered into a joint venture with local Chinese company called GAC for GAC Acura in 2016 but sales numbers failed to impress.
US crypto expert jailed over North Korea sanctions
A former US researcher at a cryptocurrency group has been sentenced to more than five years in prison for conspiring to help North Korea evade US sanctions using cryptocurrency.Virgil Griffith had …
Here’s How China’s Lockdowns Are Rippling Through the Economy
China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major technology and financial hubs like Shenzhen and Shanghai, and …
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