Starbucks (NASDAQ:SBUX) is reportedly considering a full sale of its China operations, according to sources cited by Caixin Global. Shares were launched higher on the report but have since retreated …
Tagged By beijing
Telegram Purged Chinese Crypto Scam Markets—Then Watched as They Rebuilt
Telegram banned black markets that sold tens of billions of dollars in crypto scam-related services. Now, as those markets rebrand and bounce back, it’s done nothing to stop them.
US asks China to stop Iran from closing Strait of Hormuz
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world’s most important shipping routes.
It’s not just Labubu dolls. Chinese brands are booming
The Labubu craze has sent Pop Mart’s shares up by 170% since the start of the year. It is one of a growing cohort of Chinese consumer brands whose popularity is surging. For decades Chinese…
China Is Top Buyer of Iran Oil. Why Other Economies Are More at Risk.
China imports about a fifth of Iran’s oil—more than any other country—but it may not be the hardest hit if fighting with the U.S. and Israel jeopardizes Tehran’s daily exports of one to two million…
China’s shipments of hi-tech goods to EU surge as its exports to US plunge
Post’s analysis of Beijing’s trade data for May shows huge amounts of batteries, laptops, smartphones and solar panels going to the bloc.
China’s Crypto Card Issuer Infini Ends Services Suddenly: Here’s Why
Infini abruptly shut down its U Card service, citing compliance burdens and zero profits, shocking users mid-promo.
US farmers face tough outlook as China switches suppliers amid trade war
The shift in Chinese demand sparked by the trade war and Beijing’s concerns about long-term uncertainty in its relationship with America could have deep implications for global supply chains – and …
The China Wild Card
Beijing is one of Tehran’s most important economic partners. But experts question how much China will help Iran if it retaliates against the United States.
Rare Earths Hidden in Tea Packages: The Rise of Smuggling in China of the World’s Most Precious and Restricted Metals
China accounts for 92% of the world’s refined rare earth production and uses this as a card in its trade war with the United States. Customs agents at the port of Shenzhen in southern China…
China says Taiwan president spreading ‘heresy’ with sovereignty speech
China on Monday accused Taiwanese President Lai Ching-te of “heresy”, hostility and provocation, after a speech in which he said the island is “of course” a country and there is historical evidence …
EU needs rare earths strategic reserves against China threat, commissioner tells paper
European Union countries should create joint reserves of rare earths to prevent supply chain disruptions and economic blackmail from China, the EU’s Commissioner for Industrial Strategy, Stephane …
China Says the U.S. Damaged Its Own Credibility by Striking Iran
“Iran is harmed, but also harmed is U.S. credibility — as a country and as a party to any international negotiations,” Fu Cong, China’s ambassador to the United Nations, told China’s state broadcaster …
