China resumed adding crude oil to inventories in August after four consecutive months of draws, but this was a reflection of weak refinery processing rather than a bullish demand signal.
BUSINESS
Huawei still one of the Top 3 Premium Brands in Q2 2021, despite losing market share to Apple, Xiaomi
Huawei’s decline in global market share has allowed Apple, Samsung, Xiaomi, & Oppo to gain big in the premium segment, but Huawei still is among Top 3.
Concerns over financial stability behind Beijing’s moves against Alibaba
The intervention against so-called fin-tech companies follows a call from top levels of the government and the ruling Communist Party for news laws to regulate the digital economy.
China Targets Canada Goose, Maker of Posh Parkas
Canada Goose, the Canadian maker of parkas it claims are designed to keep wearers toasty warm in the “the coldest places on Earth,” is the latest foreign brand targeted by Chinese regulators. China’s …
US authorities seize more fake COVID vaccine cards sent from China
Two more shipments of fake COVID-19 vaccinations cards from China have been seized by US authorities. The latest batch of bogus cards were intercepted by Customs and Border Patrol officers in …
China’s Beauty Sector Investment Spree Continues
Chinese perfume label, Scent Library, has secured investment from Spanish perfume and beauty giant Puig, according to Chinese business media platform, 36Kr. The Series B round is said to have raised …
Is China’s Evergrande Group Too Big to Fail?
In a year marked by defaults, the potential collapse of China’s second largest property developer offers insight into Beijing’s changing attitude on bailouts and financial risk.
China reacts with fury after Australia signs a security alliance with the US and UK
China’s Washington DC embassy spokesman Liu Pengyu accused the nations of adopting a ‘Cold War mentality’ towards China.
China Says It Has ‘Too Many’ EV Companies
The last two decades have seen China rapidly become a major player in the automotive market. However, when it comes to electric vehicles, it appears the government may be concerned at the level of …
Jim Cramer confident SEC chair Gary Gensler will wisely regulate crypto, China IPOS and SPACs
“Mad Money” host Jim Cramer expressed confidence Wednesday in Securities and Exchange Commission Chairman Gary Gensler to wisely lead the securities regulator as it evaluates concerns on …
Analysis: China’s biotech sector comes of age with big licensing deals, global ambitions
If investors in China’s biotech industry needed one more sign that the sector is coming of age, then a major licensing deal RemeGen Co Ltd (9995.HK) struck last month with Seattle-based Seagen Inc …
China Century Digital Provinces Encyclopedia 2021
The Chinese Century is imminent and understanding what will be the world’s largest economy, its culture, and its philosophy will be imperative to navigate the new world. Each province’s digital …
Volvo Cars gears up for $20 billion IPO in coming weeks, sources say
China’s Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe’s biggest initial …
