China has slapped a fine on an online retailer for sending suspicious packages across South Korea earlier this year, a foreign ministry official said Thursday. In July, over 3,000 reports of …
BUSINESS
Crypto at the Center of $300M Fraud Case in China
A court in Tongliang, China – located near Chongqing – has sentenced 21 people for their role in transferring the proceeds of online fraud and illegal casinos denominated in Tether [USDT] to Chinese …
China +1 success in works? How Indian electronics manufacturers are matching China’s cost advantage
Atul Lall, Managing Director of Dixon Technologies, stated that discussions with global customers, particularly laptop and tablet brands, indicate that they have nearly reached China’s manufacturing …
The US is buying up the Japanese seafood exports that China banned—but for how long?
There’s something fishy about China’s ban.The US military is helping Tokyo curb the economic fallout from China’s ban on seafood products from Japan.Right after Japan started releasing treated wastewater from the Fukushima nuclear plant in…
China is Awash With Coal as Import Surge Adds to Mining Boom
China is struggling to digest a growing glut of coal, as robust domestic output and soaring imports threaten to overwhelm the coming wave of winter demand.Most Read from BloombergImmigrants Are …
Record volumes of wheat imports entering China expected this year
China is set to import record volumes of wheat this year, trading sources said, with rain damage to its crop and worries over dry weather in exporting nations fuelling Beijing’s appetite to buy while …
CIIE ‘ideal forum’ to boost China presence, says Danfoss CEO
The Sixth China International Import Expo (CIIE) is “an ideal forum” to engage with partners and policymakers, Danfoss CEO Kim Fausing has said. The CIIE is scheduled for Nov. 5 to 10 in Shanghai. It…
Feature: China’s import expo to boost Colombia’s cocoa industry
BOGOTA, Nov. 2 (Xinhua) — The 6th China International Import Expo (CIIE), to be held in Shanghai from Nov. 5 to 10, offers an important platform for the development of Colombia’s cocoa industry, said companies…
Food firms hungry for place at China’s big table
LDC has actively responded to China’s policies, most recently building its global R&D center in Shanghai, which serves as the focal point for LDC’s product innovation and R&D activities in China.
APEC summit could shore up US-China ties
A potential meeting between Chinese President Xi Jinping and US President Joe Biden during the APEC Economic Leaders’ Week in San Francisco this month could help shore up bilateral relations, …
Greater China Deal Review: Q3 2023
The third quarter of 2023 saw startups in Greater China seal 670 venture deals—the second highest on record after Q3 2022. Capital raised in the three months rose 28.5% QoQ to $14.1 billion. At this…
Over 20 Chinese firms buyback shares as Beijing seeks to stabilise market
Companies like CRRC Corp and Wuxi Lead Intelligent Equipment have disclosed intentions by their major shareholders to purchase shares.
No bar for China as Govt clears 110 laptop import pleas
Under the new system there are no restrictions on quantity, value or country for imports. The biggest source of imports of IT hardware are China, Singapore, Hong Kong, US and Malaysia. The total imports of…