President Xi Jinping is continuing his pervasive crackdown on anyone and anything that stands in the way of the Chinese Communist Party — the more blood spilled, the better.
BUSINESS
Central Bank of China Plans to Keep Regulatory Pressure on Crypto Industry
China’s central bank has reaffirmed its stance on crypto trading, admitting that it will continue to keep pressure on its recent clampdown.
China says it will continue to work for ‘fairer’ global minimum tax rate that could force tech giants to pay more
The plan is being driven by the G20 and OECD and could make it harder for the likes of Apple, Google and Facebook to avoid paying tax in their home countries.
China’s central bank says it will keep regulatory pressure on cryptocurrencies
The People’s Bank of China (PBOC) has said that it will continue to impose heavy regulatory pressure on the cryptocurrency market.
Yunji Announces 11th Anniversary of Solo Life, Its Premier Private Label Skincare Brand Incubated on the Yunji Platform
Yunji Announces 11th Anniversary of Solo Life, Its Premier Private Label Skincare Brand Incubated on the Yunji Platform …
China’s manufacturing PMI in expansion zone as recovery sustains
A staff member works at a workshop of microwave oven factory of Midea Group, a Chinese home appliance giant, in Foshan City, south China’s Guangdong Province, April 1, 2021. (Xinhua/Li Jiale) BEIJING, …
Michigan Lutheran Seminary football import longs for home, family in China
The time, it seems, has been so long that Andy Liu no longer measures it in days or years. He measures it in octaves. “I’ve been away from home so long,” Liu said, “my brother’s…
GLOBALink | What do exhibitors say about this year’s China import expo?
The fourth China International Import Expo CIIE scheduled from Nov 5 to 10 in Shanghai is expected to see the participation f …
China Smartphone Shipments Plunge 17% In 2nd Qtr; Apple Edges Higher
Smartphone shipments in mainland China plunged by 17% in the second quarter from a year earlier to 74.9 million units, underscoring how the country’s biggest brands increasingly need to look abroad …
China stocks: New Oriental, TAL Education scrap earning releases, media calls amid regulatory storm
Two of China’s biggest tutoring services have scrapped upcoming earnings events, citing ‘regulatory developments’, as Beijing’s crackdown on the sector continues to create turmoil.
China’s central bank says it will keep pressure on crypto market
The Peoples Bank of China will also supervise financial platform companies to rectify their practices according to regulations, it said in a statement on Saturday. Policy makers met on Friday to …
Traditional Changsha food brands evolve with time to attract consumers
Changsha, an ancient city dating back to 2,400 years ago, is the destination of choice for many famous food brands. There is something that is uniquely attractive in the city for food entrepreneurs.
China’s auto makers log profit surge in H1
China automobile manufacturing sector registered a stellar profit growth in the first half H1 of 2021 according to the China Ass …