The two brothers who run Qingdao Lilong Winery of China quietly served samples of their bubbly Sancaro brand to a trickle of people in a corner of the vast Vinexpo Asia in Hong Kong last…
BUSINESS
Shipment costs from China will rise as merchant ships reroute around Africa as Middle East conflict escalates
Merchant ships are bypassing the Red Sea and taking a longer route around Africa, contributing to China’s shortage of empty containers. As a result, the costs of importing goods from China and Russia …
Letter From Asia: The Americans Are Leaving China in Droves, but Will It Level the Playing Field?
The risks inherent to running a legal business in China now far outweigh China’s appeal. But over the past 18 months, no U.K. law firms have exited China, nor have they closed any offices on…
Shein IPO: Why the rumored London stock listing is as surprising as it is controversial
China-founded Shein is rumored to eyeing an IPO on the London Stock Exchange, a surprising choice for the fast-fashion behemoth …
Why China Buys U.S. Debt With Treasury Bonds
China and many other countries buy U.S. debt through the purchase of Treasury bonds, here are the factors behind those purchases.
‘Inevitable’ – Tether Co-Founder Says China Is Going To Open Up to Crypto: Report
The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says its “inevitable” that China will reverse course and open up to crypto assets.
Ukraine says China is in Russia’s pocket. It may be the other way around.
It’s bad news for Russian President Vladimir Putin, with the Russian gas industry having been badly impacted by sanctions and increasingly dependent on exports to non-Western countries, notably China. China’s leader, Xi, has exploited the…
Biden and Trump share a faith in import tariffs, despite inflation risks
Both candidates’ trade plans focus on tariffs on imported Chinese goods even as economists warn they could lead to higher prices.
Tesla Rivals In China Post Solid EV Sales But ‘Constant’ Price Cuts Seen Eroding Profits
Tesla’s challengers in China reported higher May deliveries over the weekend, helped by promotions and incentives amid the EV price war. BYD stock jumped but its startup peers were mostly fell near …
China’s Great Wall Motor Closes European HQ and Lays Off Workers
Chinese carmaker Great Wall Motor Co Ltd. plans to shutter its European headquarters in Munich in August and lay off about 100 workers.
Automakers Deepen China Ties as Trade War Heats Up: Hyperdrive
But at the corporate level, they’re growing ever closer. President Joe Biden’s quadrupling of tariffs on Chinese EV imports reinforced what many brands have already accepted — China-made cars aren’t …
Value Excellence Technology Introduces Female-Exclusive Vape Brand: LUCKY KISS
Hong Kong, China, June 03, 2024 (GLOBE NEWSWIRE) — Value Excellence Technology has astutely identified market demands and launched a vape brand specifically tailored for women—LUCKY KISS. Through …
Tesla Rivals Nio, Zeekr Report Record Deliveries; BYD EV Sales Strong
Tesla rivals in China reported May deliveries over the weekend, with Nio and new issue Zeekr setting new highs. Li Auto, XPeng and EV giant BYD also reported higher deliveries vs. April.Please watch …
