The data also reflects the growth of China’s domestic market as a destination for international brands. Mainland China’s share of the global luxury market rose to about 21% in 2021, up from roughly 20 …
Featured Posts Title
Shenzhen activates China’s first 10,000-card AI cluster with domestic chips
Look at Hong Kong and don’t be naive about China, US senator says on Taiwan trip
China welcomes EU lawmakers’ first visit in 8 years as chance to steady strained ties
‘China as guarantor’: Why Beijing summoned Pakistan’s foreign minister amid Iran conflict
China bans storing cremated remains in empty ‘bone ash apartments’
China confirms three ships passed through Strait of Hormuz
Shenzhen Stock Index
Recent Posts
China’s consumers spent $73.6 billion on luxury goods at home last year, up 36% from 2020
China to accelerate building of ‘modern circulation system’ China to accelerate building of ‘modern circulation system’
China will accelerate the building of a “modern circulation system,” covering business circulation, logistics, transport and financial support, during the 14th Five-Year Plan period (2021-2025), …
Geopolitical tensions clouding moment in sun for China equities
Geopolitical tensions point to growing complexity facing U.S. investors amid China’s continued emergence as an economic superpower.
1-month lockdown lifts in Chinese city, 2M in Beijing tested
Chinese authorities lifted a monthlong lockdown on the northern city of Xi’an and its 13 million residents Monday as infections subside ahead of the Winter Olympics in Beijing in less than two weeks.
Weihai Baihe Biology Technological’s IPO to debut on Shanghai Stock Exchange
Weihai Baihe Biology Technological (603102) to start trading on the Shanghai Stock Exchange’s Main Board Jan 25, tomorrow. The firm has issued 16.00 mln shares priced at RMB 42.14 per share raising …
China punished more than 600,000 officials in 2021 amid Xi Jinping’s clampdown on corruption and misconduct
Last week, the Communist Party’s top disciplinary agency vowed to show “no mercy” to those who “try to build political gangs.” …
Property developers in China have ‘found a way home,’ says investment management firm
Wilfred Wee of Ninety One discusses the dovish tone of China’s central bank and says the “worst in sentiment is over” for the property sector.
China’s ‘little giants’ are its latest weapon in tech war with U.S.
An ambitious government program aims to foster a new generation of startups that can compete with Silicon Valley by targeting sectors such as robotics, quantum computing and semiconductors.
UN chief calls for U.S.-China negotiation over trade, technology
UN Secretary-General Antonio Guterres on Friday called for dialogue and negotiation between the United States and China over trade and technology to avoid the polarization of the world market and …
Chinese E-bike Maker AIMA Technology Teams up with US-based Juiced Bikes for International Expansion
AIMA Technology (“AIMA”), a leading Chinese e-bike manufacturer and US-based Juiced Bikes, recently entered into a strategic cooperation partnership. Su Yuhang, general manager of AIMA Technology’s …
Speak Out reader opinion: We can boycott the Beijing Olympics even if our government doesn’t
I’m going to do it, something that the greedy corporations and government should have done. I’m going to boycott the China Olympics. The U.S. had a chance to show the world how it stands against…
China’s former banking regulator official expelled from Communist Party – CCDI
Cai Esheng, a former senior official of China’s banking regulator, has been expelled from the ruling Communist Party for corruption, the country’s anti-graft watchdog said on Monday. China’s Central …
Crypto fraudster Stefan Qin reveals why he stole $123m
An Aussie crypto fraudster, who stole $123 million from investors and spent most of the money on sugar babies, has given a tell-all interview claiming “greed”, bullying and an ex-girlfriend caused his …
