China’s Ministry of Industry and Information Technology (MIIT) published a regulatory draft on Thursday, which could give itself a clear say in reviewing cross-border data transfers, alongside the …
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China’s MIIT given more power to regulate cross-border data transfers
Chinese bicycle exports soar during pandemic
A worker polishes a bicycle rim at a foreign trade enterprise in Hangzhou, East China’s Zhejiang province, on Feb 7, 2022. [Photo/Xinhua] Chinese bicycle exports have soared during the past two years …
China halts Lithuania beef imports amid Taiwan row
China’s General Administration of Customs suspended the exports citing a “lack of documentation”, a Lithuanian agency said in a statement. The move comes after Lithuania let Taiwan open a de facto …
China on global warehouse spree to boost foreign trade
In the lingo (link in Chinese) of China’s warehousing business, this is referred to as “products going ahead of orders.” According to a 2020 trade report (link in Chinese) on China’s distribution and …
Eileen Gu has made big bucks as the face of more than 20 brands in China, raking in $31.4 million in endorsement deals in 2021 alone
Open China’s Twitter-like platform Weibo, and most of the pop-up ads have one thing in common: Eileen Gu. Even before the US-born athlete won a gold medal for China in the women’s freeski big air…
‘Born free’: Somaliland says China can’t dictate to it over Taiwan
TAIPEI (Reuters) – China cannot dictate who Somaliland can have relations with as it was a sovereign nation and “born free”, the foreign minister of the breakaway Somali region said on Friday during a …
China’s Olympics bubble creates two Beijings
The first big doping case at the Beijing Olympics involves one of its biggest stars. Here’s a look at the drug that Kamila Valieva of the ROC — short for Russian Olympic Committee and the…
Beijing to deepen opening-up efforts in service sector
According to the Beijing FTZ plan, the city government will support the People’s Bank of China, the country’s central bank, in its efforts to establish a digital currency zone and digital finance …
China policy bank’s 2021 loan support for Yangtze River Belt reaches 876 bln yuan
BEIJING, Feb. 10 (Xinhua) — The China Development Bank (CDB), one of the country’s policy banks, provided 875.9 billion yuan (about 137.72 billion U.S. dollars) of loans in 2021 to support the …
China credited with stabilizing supply chains
On Jan 14, the General Administration of Customs China (GACC) announced data on China’s imports and exports for December 2021. The total value reached $586.5 billion, with an export value of $340.5 …
China’s Metaverse plans: Decentralization not required
Experts claim that although China is unlikely to decriminalize crypto in the short term, NFTs and blockchain still have a place in the Communist nation’s Metaverse longer-term. Experts say that …
China round-up: New TSF, loan growth hit record
The meeting also discussed measures for asset management companies to focus on their core business of non-performing asset disposals and help mitigate risks in the financial sector. China is …
China remains Third World in South Korean minds
“Korea limitation order,” an unwritten ordinance by the Chinese authorities, has broadly affected the trade, tourism and entertainment business between the two countries. The Chinese insisted that the …
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