Saudi crude oil exports to China will fall in July for a third straight month to about 36 million barrels amid plant maintenance and as some refiners opted for other sources of cheaper oil, several…
BUSINESS
China’s discount wars risk cementing frugal consumer mindset
Longer-term, price wars may take out weaker players in various industries, allowing rivals to then lift prices and give their supply chains some respite, said Albert Hu, professor of economics at the …
Gold is getting so expensive that even China’s central bank stopped buying the precious metal
China’s central bank has paused gold buying after prices reached record highs. China’s gold holdings were unchanged in May, halting an 18-month purchasing streak. Gold prices are up 11% this year due …
China reports growing exports in semiconductors, implying overcapacity
Official data from the Chinese government showed that semiconductor exports from China rose at a faster pace in the first five months of the year, as the country, particularly SMIC, is facing intensifying competition from…
Focus: In China, a search for identity boosts Lululemon, premium sportswear brands
Adidas grew its China business by 8% in its first quarter. “As the market matures, growth will increasingly favour niche categories and niche brands,” said HSBC consumer analyst Lina Yan. Reuters …
4 Cornell College instructors “injured in a serious incident” in China, school says
The instructors were in China teaching as part of a partnership program with a local university and were injured during a daytime visit to a public park, Jonathan Brand, the college’s president, said …
4 college instructors injured in “serious incident” in China, school says
Four instructors affiliated with Iowa’s Cornell College were injured in “a serious incident” while at a public park in China, the college said on Monday.
China’s vast cyber trafficking network dupes Americans using fake shops
A Chinese network has scammed over 800,000 international online shoppers by tricking them into giving away credit card information. Here’s how to keep yourself safe.
China is distorting its stockmarket by trying to prop it up
I nvestors in China’s stockmarket have been doing handsomely this year. The Shanghai composite index has risen by 13% from a multi-year low in February, notwithstanding a recent drop. Equity analysts …
How Singapore-China business matchmaking and green finance initiatives facilitate trade and collaborations
Through green financing solutions, innovative partnerships, this finance platform promotes cross-border trade and supports companies to achieve ESG objectives Read more at straitstimes.com.
Feature: Chinese beauty brands scent in Indonesia
Chinese skincare brands are now in high demand in Indonesia. According to local reports, Chinese skincare products have taken the lead in sales in Indonesia’s e-commerce market.
Why another major UK company is open to IPO-ing elsewhere
The Chinese fast-fashion giant Shein is reportedly close to filing for an IPO on the London Stock Exchange, though its decision is perhaps not as much a vote of confidence in the UK as it…
Ueople Technology Holding IPO: Sluggish Growth In An Expanding Market
Ueople Technology manufactures access control equipment and software for parking and travel markets in China and has filed for an IPO. Find out more on UEOP stock here.
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