New Years celebrations on going, China is finally awakening from its pandemic slumber. Luxury brands hope it unleashes a wave of spending to recover from losses in 2022. But a rising tide of Chinese …
BUSINESS
Chinese edtech QuantaSing shares trade relatively flat after $41M US IPO
QuantaSing Group (QSG) shares were trading relatively flat following the Chinese edtech’s $41M initial public offering on Wednesday. Read more here.
China EximBank ups credit support to foreign trade industry
BEIJING – The Export-Import Bank of China (China EximBank) said it provided greater credit support to shore up the foreign trade industry in 2022. By the end of 2022, the bank’s outstanding loans to …
ASML Sees a Chip Market Rebound, Says China Export Controls Aren’t Hurting Business
The maker of the world’s most advanced semiconductor manufacturing equipment expects a greater than 25% rise in net sales in 2023.
China’s Dalian lifts COVID-related import restrictions — Russian trade mission
“The Office of Foreign Affairs of the People’s Government of Dalian City notified the Russian trade mission in China that all the COVID-19 related restrictive measures in the Port of Dalian had been …
China Is Trying to Play Nice, and It’s a Problem for the US
Having incompetent enemies is a blessing. For three years, Chinese President Xi Jinping has showered blessings upon the US. A self-isolated, belligerent and increasingly repressive China has been its …
How China could legalize crypto in its efforts to tax cryptocurrency firms and individuals
Within the current legal framework, China does not prohibit individuals from holding Bitcoin and cryptocurrencies under the invalid civil act. Experts argue that the need to tax cryptocurrencies may …
Inside cruel China fur farms where animals born to die for fashion live in filthy cages
In the last five years over £28m of it has come from China. 20 years on from the ban, the Daily Mirror and HSI/UK are urging the Government to end this double-standard by banning imports…
Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions
Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue as the semiconductor industry forecasts a recovery in the second half of this year.
India’s widening trade deficit with China indicates growth as rising import of raw materials boosts manufacturing
Reducing the trade deficit with China is a challenge that requires a concerted effort but it is also an opportunity to tap into the vast potential of India’s domestic manufacturing sector …
CNYA: China’s Offer For The Developing World Is Simply Better
In terms of tying the developing world to its own economy, China has a huge lead. Any efforts to try to make the developing world a better offer will be futile because our institutional structures…
China’s ‘Instagram’ chooses Conflux Network for permissionless blockchain integration
China’s ‘Instagram’ chooses Conflux Network for permissionless blockchain integration 25-Jan-2023 / 09:17 GMT/BST Toronto, Canada, 01/25/2023, Chainwire Little Red Book, (XiaohongShu), the Chinese …
Why Korea imports so much kimchi from China
A 59-year-old housewife surnamed Lee has recently begun purchasing kimchi products made in China because they are cheaper than locally made ones. “As living costs rise in all aspects, I have been …