The strong upturn in China’s economy boosted the fastest increase in employment since May 2011, IHS Markit’s survey showed. ( read original story …)
BUSINESS
China’s iconic sedan brand Hongqi posts strong sales
In November alone, the automaker sold 25,000 Hongqi cars, an increase of 100 percent year-on-year, indicating a rising demand for the vehicles. Hongqi, meaning “red flag”, is China’s iconic sedan … ( read original story…
Italy’s fashion companies building on ‘Made in Italy’ brand in China
Key players in the sector have told Xinhua that China is an increasingly important market for Italian fashion houses. The market in China “is one of the few areas where we can say things are…
Behind Beijing’s Move to Halt Ant Group IPO
China’s biggest fintech group was on track to raise the world’s largest initial public offering, estimated at 34 billion dollars…until Beijing slammed the brakes less than two days before the … ( read original story…
Police seize $4 billion, US worried about China’s crypto lead: Blockheads
Police in Jiangsu seized $4 billion in crypto in a Ponzi scheme bust, the US spy chief asked regulators to wake up to China’s crypto lead. ( read original story …)
The Worldwide Blockchain in Agriculture and Food Supply Chain Industry is Expected to Reach $948 Million by 2025 – ResearchAndMarkets.com
The global blockchain in agriculture and food supply chain market size is estimated to be USD 133 million in 2020 and is projected to reach USD 948 million by 2025, at a CAGR of 4…
Omnicom agencies win 19 Greater China AOY awards
Omnicom Group (OMG)-owned creative shop BBDO won 13 awards in the Greater China 2020 Agency of The Year awards, highlighted by a near sweep in the people/team awards, even as its creative units across ……
Forbes China Innovation Summit: Chengdu By The Numbers
Chengdu is best known among many travelers globally for its pandas and hotpot cuisine. Yet it’s also a thriving international and domestic commercial hub in southwestern China. It was the city’s … ( read original…
Authorities shut off electricity to Bitcoin miners in China’s Yunnan province
A city in the Chinese crypto mining hub of Yunnan has reportedly banned electricity producers from supplying Bitcoin mines … ( read original story …)
China private manufacturing gauge hits decade high
A private gauge of China’s manufacturing activity hit its highest level in a decade in November thanks to firm demand from domestic and overseas … ( read original story …)
GRAPHIC-Red-hot white-goods demand stokes China manufacturing, metals use
Booming sales of fridges, toasters and microwaves to households across the locked-down world have helped propel China’s mammoth manufacturing engine back to life, super-charging demand for key metals … ( read original story …)
China’s Tianqi Lithium gets 1-month reprieve on $1.9 billion loan repayment
The company and its lenders, led by China Citic Bank, have until Dec. 28 to sign a modified loan agreement, Tianqi said in a Shenzhen Stock Exchange filing. ( read original story …)
The New Administration And The Global Trade Agenda: China
There are signs that the new administration coming to Washington, D. C will be more open to re-directing global trade discussions and moving toward a freer-trade policy. ( read original story …)
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