A key segment of China’s petrochemical sector is set to expand by almost half between now and 2028 even as growing competition in the broader refining sector slashes profits.
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A Tale of Two Chinas: Crypto Strategy, Ban or Build
China bans crypto while Hong Kong builds regulated hub with ETFs, stablecoin licenses, and tokenization registry in contrasting strategies.
The buzziest Shenzhen shopping malls where you’ll find everything
Shenzhen shopping malls are a huge attraction, figuratively and literally, here are some of the best ones to explore.
Tropical storm Podul disrupts travel and schools in southern China
Tropical storm Podul on Thursday dumped torrential rain on southern China, still reeling from record downpours last week, and disrupted hospitals, schools and law courts in Hong Kong after tearing …
Japan and China commemorate World War II anniversary on different dates
Japan and China are marking the 80th anniversary of the end of World War II with major events on different dates.
When will India, China resume direct flights? IndiGo CEO says ‘when both countries…’
IndiGo CEO Pieter Elbers announced the airline’s readiness to resume direct flights between India and China, following reports of advanced talks between the two countries. IndiGo previously operated …
Tencent’s 2nd-quarter sales, profit top forecasts as AI gives China’s tech giant a leg up
Net profit rose 16 per cent to 56 billion yuan (US$7.81 billion ) while sales jumped 15 per cent to 184.5 billion yuan.
China’s refining and petrochemical sector faced steeper losses in H1
China’s refining and petrochemical sector is facing “involution,” a reference to brutal competition and falling profits, the vice chairman of the China Petroleum and Chemical Industry Federation said …
Starbucks struggles to find new identity amid fierce competition in China
The stake sale exercise is underscoring Starbucks’ identity crisis in China as it tries to salvage a flagging legacy business amid fierce domestic competition …
Chinese Imports Fell During Trump’s First Term. It’s Happening Again.
As other Asian countries ramp up manufacturing, the U.S. snaps up fewer Chinese goods.
China sees backlash from companies, workers over mandatory social security payments
There are fears that ruling may further disadvantage small companies and workers already struggling to make ends meet. Read more at straitstimes.com. Read more at straitstimes.com.
Chinese PC maker Lenovo says US-China tariff pause a positive sign
China’s Lenovo said on Thursday the tariff pause between Washington and Beijing was positive and growth in China’s AI infrastructure remained strong despite U.S.-China tech tensions.
Chinese cosmetics challenge global brands with affordable allure
China’s cosmetics exports rose 12 per cent year on year in the first half to US$2.6 billion, according to customs data China’s mass-market beauty products are gaining traction overseas, undercutting …
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