According to current EU regulations, packages bought online from non-EU countries are not subject to customs duties if their value is below €150. However, the sheer volume of these low-value parcels …
BUSINESS
It took a messy school bus stabbing for China to finally do something about extreme nationalism on social media
The anti-Japanese rhetoric also comes at an inconvenient time for Chinese officials hoping to bring in more business from Tokyo as the local economy struggles. Suzhou, in eastern China’s Jiangsu …
China’s foreign goods trade picks up steam in first 5 months
China’s total goods imports and exports expanded by 6.3 percent year on year in yuan terms in the first five months of 2024, official data showed.This was …
China’s services activity growth hits 8-month low, Caixin PMI shows
China’s services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey showed on Wednesday, …
China Services PMI Slows In June – Caixin
(RTTNews) – The services sector in China continued to expand in June … Central to the latest expansion in services activity was rising new business inflows. Incoming new business increased again in …
Arkansas AG warns Temu isn’t like Amazon or Walmart: ‘It’s a theft business’
Temu sells products at “rock bottom” prices in exchange for your data, Arkansas Attorney General Jim Griffin details while discussing his lawsuit against the fast-fashion giant.
Officials: China to intensify efforts for digital infrastructure construction
China will ratchet up efforts to accelerate the building of digital infrastructure and leverage innovative digital technologies to bolster industrial upgrade, as part of a broader push to foster new quality productive forces and promote…
Potters from across world drawn to China’s ‘porcelain capital’
NANCHANG — Graduating from Jingdezhen Ceramic Institute in 2008 and gaining work experience elsewhere, Hao Xiwen has never lost his passion for ceramics.
Restaurant Brands (QSR) Invests to Boost Presence in China
With Popeyes China showing strong early performance, the company is poised to unlock significant development potential in one of the world’s largest chicken quick service restaurant markets.
Foreign investment in China falls for past year as economy struggles
Analysts and foreign investors attribute the drop to political risks and China’s struggle to recover stable economic growth since COVID …
IPO-bound Hozon Tempts Investors With Overseas Drive
Hong Kong IPO candidate Hozon is rapidly burning through its cash, which fell to 2.8 billion yuan at the end of last year from 6.8 billion yuan in 2022 The EV maker’s overseas revenue grew…
Hong Kong IPOs: PwC cuts 2024 fundraising prediction by 20% to US$10.2 billion
About 80 companies could list in Hong Kong this year, raising a total of HK$80 billion (US$10.2 billion), much lower than the HK$100 billion previously anticipated, PwC says.
Cultural differences rarely affect global trade for China
It’s a widely accepted notion among economists that cultural differences can pose a significant barrier to trade. The larger the cultural gap between two countries — judging by differences in …
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