A Shein representative declined to provide a direct answer when asked by a British parliamentary committee on Tuesday whether the online fast-fashion retailer uses cotton from China or from its …
BUSINESS
Shein representative declines to answer China cotton question in UK hearing
A Shein representative declined to provide a direct answer when asked by a British parliamentary committee on Tuesday whether the online fast-fashion retailer uses cotton from China, a key issue for …
Exclusive-China’s Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from …
Bitcoin Price Rally Could Be Accelerated by China’s Market Meltdown, Crypto Observer Says
The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin (BTC) bull run. The Chinese yuan (CNY) fell to 3.22 per…
China’s market and yuan meltdown could usher in Bitcoin-Trump rally 2.0
The start of 2025 has seen China’s market and currency woes ensue, as analysts claim these struggles could lead to a “second-term” Bitcoin (BTC) bull run. The largest crypto by market capitalization …
Cooley Takes on Skadden Corporate Partner in Beijing
Skadden Arps Slate Meagher & Flom China capital markets partner Yilin Xu has joined Cooley in Beijing. Xu acts for Chinese companies on their Hong Kong and U.S. initial public offerings as well as on…
Analysis-China Exports Push Nippon Steel to Seek Growth in US, India After Blocked Deal
TOKYO (Reuters) – Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap Chinese exports after its bid for U.S. Steel was blocked…
China Hits US Companies With Trade Controls—How Will It Impact the Economy?
Beijing announced export controls on 28 defense-focused U.S. companies ahead of President-elect Donald Trump taking office.
China’s Shandong Port Group bans US-sanctioned oil vessels, traders say
Shandong Port Group issued a notice on Monday banning U.S.-sanctioned oil vessels from calling into its ports on China’s east coast, three traders said. The move comes weeks after Washington imposed …
China’s Chery reports 38.4% jump in 2024 sales to 2.6 million vehicles
Chinese automaker Chery on Tuesday reported a 38.4% jump in global car sales for 2024 to 2.6 million vehicles and forecast sales of more than 3 million this year. State-owned, Wuhu-based Chery said …
US brands Chinese shipping giant Cosco a ‘military company’ over alleged army links
China Cosco Shipping, the world’s biggest shipowner, has been targeted by the US government for its alleged links to China’s army. The state-owned group appeared on a list of “military companies …
China’s markets had a shaky start to the year, including a blow to 2 major tech companies
The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies operating in the US.
Bitcoin Bull Run Could Be Accelerated by China’s Market Meltdown, Crypto Observer Says
On Monday, the CSI 300, a blue-chip index for mainland China’s stock exchanges, fell to the lowest since September. The ChiNEXT Index, a so-called risk barometer tracking the performance of innovative …