Shenzhen is offering “made in China, sold on Amazon” merchants a subsidy of 2 million yuan as encouragement to find alternatives to the platform.
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China angered over US sanctions against Iran
China needs US dollars but is building a hedge against Washington’s sanctions
China criticizes US sanctions on Iran as Strait of Hormuz tensions persist
China needs U.S. dollars but is building a hedge against Washington’s sanctions
A Chinese humanoid robot sets a new 100-meter sprint record at Beijing Games
China pushes back after Trump tightens the screws on Iran
Chinese robot Tiangong clocks sub-9 second 100 metres in Beijing
Recent Posts
Shenzhen is giving 2 million yuan to cross-border e-commerce merchants as ‘made in China, sold on Amazon’ sellers continue to suffer
China Mobile 5G users surge, net profit up
China Mobile reported a 6% year-on-year rise in net profit for the first half of 2021, buoyed by a new 5G users and improving average revenue per user.
Crypto market tops $2 trillion for the first time in nearly 3 months as bitcoin rallies
Bitcoin topped $48,000 over the weekend, its highest level since mid-May but pared some of those gains on Monday.
The week in review: China’s economic and credit growth weakens
This round-up focuses on China’s latest economic indicators, penalties for IPO investors and a range of other new developments.
Official: China’s growth likely to slow due to virus, floods
A Chinese official says economic growth will soften this year due to summer flooding and anti-coronavirus controls …
China’s online shopping growth plunges to just 4% in July as retail sales disappoint
Retail sales rose by 8.5% in July from a year ago, lower than the forecast 11.5%, according to analysts polled by Reuters. Online sales of physical consumer goods rose by just 4.4% in July, far…
China central bank to auction two tranches of yuan bills in Hong Kong
BEIJING: China’s central bank said on Monday (Aug 16) it will auction two tranches of yuan-denominated bills in Hong Kong on Aug 20, as part of efforts to improve the yield curve in the city for…
China injects 600 billion yuan into financial system, keeps rate unchanged for 16th month
The People’s Bank of China (PBOC) on Monday left the interest rate on 600 billion yuan (US$92.6 billion) worth of one-year medium-term lending facility (MLF) unchanged.
China cbank offers more medium-term loan than expected to cushion economic slowdown
China’s central bank injected billions of yuan through medium-term loans into the financial system on Monday, which many market participants interpreted as an effort to prop up the economy, although …
Coronavirus: China’s local transmission crisis eases, eclipsed by imported Covid-19 cases
On Monday, 51 new cases – including 13 found locally and 38 imported – were reported in China, pointing to the success of the country’s strict control measures.
Shenzhen Gov’t to Support E-Commerce Firms After Amazon Blocks Chinese Sellers
Shenzhen’s administration will support the e-commerce sellers affected by Amazon’s move to block online Chinese stores for their abuse of comments. On Aug. 13, the Shenzhen Municipal Bureau of …
iQOO 8 teaser hints at ultrasonic fingerprint sensor; launching tomorrow in China
QOO, the sub-brand of Vivo for premium smartphones, is all set to launch its new smartphone — iQOO 8 tomorrow, i.e. 17th August. Ahead of the official debut, the brand has shared a teaser poster…
Over 70% of smartphones shipped in China supports 5G
Over 70% of smartphones shipped in China support 5G. In July, over 90% of the phones in China are from Chinese smartphone manufacturers …
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