China’s steel scrap imports surged by 50.5% on month to 114,741 tonnes for May alone, according to the country’s General Administration of Customs (GACC), mainly due to the growing enthusiasm from the …
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China and US agree to establish AI safety channel and continue trade and military talks
Recent Posts
China’s May steel scrap imports soar 50% on month
Amazon, Apple most valuable brands but China is rising: survey
Amazon and Apple are the world’s most valuable brands, but Chinese brands are rising up the leaders’ list and are more valuable than Europe’s top brands, according to a global ranking by Kantar BrandZ …
Medlive Technology Advances Plans for Hong Kong IPO
By Ben Otto Medlive Technology Co., an online medical information and marketing platform, is advancing plans for an initial public offering in Hong …
Battlegrounds Mobile update reportedly fixes data sharing with China servers after BJP MP calls for probe
PUBG Mobile’s desi version, Battlegrounds Mobile India, has seemingly received an update that fixes the sharing of user data with servers in China. And this fix comes after the Chairperson of the …
Vancouver businesswoman sues for US$200,000 she lost while trying to get money out of China
Defendants say the woman was aware of risks in ‘illegal currency smuggling operation’ to get around Chinese currency control laws, and her funds may have been taken by ‘unknown third party or …
Illegal export of sensitive military technologies to China enables theft of underwater warfare capability
The Chinese navy already is larger than the U.S. Navy in terms of raw ship numbers, and the Americans’ qualitative edge is narrowing each year.
IN FIGURES: China’s ferrous scrap imports in May surpass total in first 4 months of 2021
China imported 111,432 tonnes of steel scrap in May, surpassing the total of 109,978 tonnes of its imports of the steelmaking raw material in the first four months of 2021, according to the latest …
Explainer: Beijing doubles down on rooting out crypto in China
China’s central bank said on Monday it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins…
ByteDance founder donates $77 million amid China billionaires’ charity rush
The founder of TikTok owner ByteDance will donate 500 million yuan ($77.35 million) to the southeastern Chinese city of Longyan for education, the city government’s education bureau said on Tuesday.
China’s $113 Billion Green Bonds Caught In Jumble of Rules
Fund managers are increasingly grappling with fragmented policies in China’s $113 billion green bond market that can make it hard to assess just how much of that money is going to projects to help the…
Chinese Edtech Startup Huohua Siwei Eyes USD100 Million Nasdaq IPO
Chinese tutoring platform Huohua Siwei is planning to raise USD100 million from its initial public offering on the Nasdaq. The company, also known as Spark Education, would use 40 percent of the money …
China’s regulators struggle to sway companies on currency risk
China’s financial regulators are cajoling companies to protect themselves against currency risks as the central bank gradually loosens its reins on the yuan, but are struggling to convince local …
Brazil hopes to expand fresh fruit exports to China
Brazil hopes to expand its fresh fruit exports to China by adding several of its leading products, Brazilian Agriculture Minister Tereza Cristina said on Monday. In an interview with the foreign press …
