But Anta and Li-Ning are not the only Chinese sportswear brands expanding in the global markets. Chinese brands such as Xstep, 361 Degrees, Peak Sports, Zhongqiao Sports, Hongxing Erke, Feiyue and …
BUSINESS
China’s exports growth slows to 3-month low in July, but imports up solidly
China’s exports grew at their slowest pace in three months in July, missing expectations and adding to concerns about the outlook for the nation’s vast manufacturing sector even as imports swung back …
China’s formula for tech prowess: surge of spending, flood of research
China’s domination of electric cars, which is threatening to start a trade war, was born decades ago in university laboratories in Texas, …
China’s WeRide seeks up to $440M in US IPO, placement
WeRide Inc., a Chinese self-driving automotive company, is seeking to raise as much as $440 million in a US initial public offering and concurrent private placement. The Guangzhou-based autonomous …
China’s WeRide seeks up to $583 million in US IPO, placement
The firm is offering 6.45 million American depositary shares at US$15.50 to US$18.50 each. Read more at straitstimes.com.
China’s Nightmare: A Second Trade War With Trump
China’s struggling economy is overly reliant on exports, making it more vulnerable to the punishing tariffs the Republican presidential nominee is proposing.
US beats out China for most companies on Fortune’s Global 500 list
The U.S. has surpassed China on the Fortune Global 500 list for the first time since 2018, showcasing 139 companies to China’s 133 companies.
Just-In: China Shifts $2B In Seized Ethereum, Bitcoin & XRP Next?
On Wednesday, hundreds of wallets moved $2 billion Ethereum seized by Chinese police in 2021 after authorities cracked down on the Plus Token ponzi scheme.
China has turned inward to sell Xinjiang cotton after a trade ban. Will it be enough?
After a US trade ban for cotton from China’s Xinjiang, textile manufacturers have turned to domestic consumers – but the ban’s chilling effect on all exports has left a gap that is difficult to fill.
U.S. Vs. China: New Semiconductor Rules Threaten Global Tech Balance
Biden’s new semiconductor rules aim to limit China’s chip technology access, facing resistance from allies and industry while China decries U.S. economic pressure.
With smugglers and front companies, China is skirting US AI bans
The United States, with some success, has tried to control the export of chips. Still, The New York Times has found an active trade in restricted AI technology — part of a global effort to…
An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill
Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captured the guests hauling computers into the home.
From Prada To Louis Vuitton: 5 Luxury Winners At China’s 2024 Qixi Festival
China’s romantic Qixi festival falls on 10 August and offers a lucrative gifting opportunity for brands looking to recoup valuable losses in the market.
