In the echoing halls of the Central Financial Work Conference in China, the future of finance was being mapped. A strategic direction was outlined, laser-focused on five key sectors: digital finance, …
BUSINESS
U.S. military bulk buying Japan’s seafood to counter China import ban
The U.S. military is bulk buying Japanese seafood to help offset China’s import ban of the products after Japan began releasing treated radioactive water from the Fukushima nuclear power plant in …
Li Keqiang, GDP and trade pick up, belt and road forum: 8 things from China’s economy in October
Imports had fallen by 7.3 per cent in August. 4. Food prices ‘main culprit’ as inflation remains flat China’s consumer price index (CPI) remained flat from a year earlier in September, still well …
Customs scraps requirement for health status declarations
China’s General Administration of Customs on Tuesday announced the ending of mandatory health declarations for individuals entering or exiting the Chinese mainland from Nov 1.
China’s Economy Flickers: PMI Slips, Stimulus Measures Ramped Up
In the bustling heart of Beijing, a sea of numbers flicker across electronic billboards, charting the ebb and flow of China’s economic might. Yet, the figures now tell a tale of slowing momentum, as China’s…
GE Healthcare Discloses Potential Foreign Bribery Violations in China
The FCPA prohibits bribing foreign officials to win or keep business. The Chicago-based developer of medical devices and technology reported $719 million in revenue in the China region for the quarter ended on Sept. 30,…
China Southern: Q3 Earnings Snapshot
GUANGZHOU, China (AP) — GUANGZHOU, China (AP) — China Southern Airlines Co (ZNH) on Monday reported net income of $579.7 million in its third quarter. The Guangzhou, China-based company said it had net income of…
After China’s Bitcoin Mining Ban, Bitcoin Is Stronger Than Ever
China’s bitcoin mining ban devastated bitcoin. It’s been two years now – and Bitcoin and the hash power built on securing it is stronger than ever.
China’s Manufacturing Contraction: A Dance with Global and Domestic Demons
China’s manufacturing sector … Domestically, the sharp contraction of factory gate prices – a manifestation of the squeeze on business profits – has reverberated through the prices of nonferrous metals. The real estate industry, a…
Foreign firms see profitable future in China
Nearly 90 percent of foreign companies expect their profits to remain stable or increase in China over the next five years, with a large number of them identifying technological innovation as the primary growth opportunity…
China, Biotech Funding Headwinds Impact Bio-Techne Q1 Earnings
The company’s Diagnostics and Genomics segment revenues rose 4 percent, while Protein Sciences revenues were up 2 percent.
China mulls copper curbs to reduce overcapacity and emissions
It’s a move that has the potential to reshape global trade in the metal. China is importing copper ore at a record pace to feed the expansion, which is beginning to crimp purchases of the…
Over 80% of foreign firms satisfied with China’s business climate
China’s market remains attractive to foreign firms, Zhang Xin, spokesperson of the China Council for the Promotion of International Trade (CCPIT), told a press conference on Tuesday, citing a survey that has found more than…