After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
Tagged By beijing
Thailand-China Joint Operation Seizes $2.5M USDT from Chinese Scammers
Thailand and China seize $2.5M in USDT from some Chinese scammers, exposing a large-scale scam and trafficking ring.
HMPV disinfo drives anti-China sentiment
A deluge of disinformation about a flu-like virus called the human metapneumovirus (HMPV) is stoking anti-China sentiment across Asia and spurring unfounded concerns of renewed lockdowns, despite …
China’s Xi Is Building Economic Fortress Against U.S. Pressure
As President Trump turns up the heat on Beijing, China is trying to become more technologically self-sufficient, but its efforts have a significant cost.
Over 60 PwC partners in China have stepped down as the Big Four firm handles the fallout from the Evergrande scandal
The decrease in partner numbers at PwC China follows the regional branch receiving a record fine for its involvement in the Evergrande scandal.
China’s SMIC Q4 profit slumps 38.4%, misses estimates despite revenue growth
Semiconductor Manufacturing International Corp, China’s largest contract chipmaker, reported a 38.4% year-on-year fall in fourth-quarter profit. Profit attributable to owners of SMIC reached $107.6 million in the October-December quarter,
French alcohol exports weakened in 2024 as China weighed
By Sybille de La Hamaide PARIS (Reuters) -French wine and spirits exports fell for a second consecutive year in 2024, hit by weaker demand for premium vintages as the industry grapples with lower prices,
American Tungsten Corp. Responds to China’s Expanded Tungsten Export Controls
American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) (“American Tungsten” or the “Company”) reaffirms its strategic position amidst China’s expanded tungsten export controls in response to escalating U.
China’s CATL to raise at least $5 billion in Hong Kong listing, sources say
Chinese battery giant CATL is expected to raise at least $5 billion in a Hong Kong listing, according to two sources with direct knowledge of the matter. CATL did not immediately respond to a request…
China’s JD.com moves into food delivery, starts recruiting restaurants
China’s e-commerce giant JD.com is venturing into the country’s highly competitive food delivery business, announcing on Tuesday that it will register catering merchants on its courier system.
How USAID Cuts Hand Big Win to China
Beijing “will move quickly to replace the U.S. in many countries,” a former director of the agency told Newsweek.
Appleby Set to Expand in China, Receives License to Operate in Shenzhen
Offshore firm Appleby has been granted a license to provide offshore legal services in Shenzhen by the Ministry of Justice in China.
Property developer China Vanke secures $383 million loan from Shenzhen Metro
China Vanke (OTCPK:CHVKF) has secured a 2.8 billion yuan ($383.12 million) loan from its major shareholder, state-owned Shenzhen Metro to repay debt, indicating further support from the government for …
