China resumed adding crude oil to inventories in August after four consecutive months of draws, but this was a reflection of weak refinery processing rather than a bullish demand signal.
Tagged By beijing
Huawei still one of the Top 3 Premium Brands in Q2 2021, despite losing market share to Apple, Xiaomi
Huawei’s decline in global market share has allowed Apple, Samsung, Xiaomi, & Oppo to gain big in the premium segment, but Huawei still is among Top 3.
Concerns over financial stability behind Beijing’s moves against Alibaba
The intervention against so-called fin-tech companies follows a call from top levels of the government and the ruling Communist Party for news laws to regulate the digital economy.
China’s Fujian reports 48 new confirmed COVID-19 cases
FUZHOU, Sept. 16 (Xinhua) — East China’s Fujian Province reported 48 new locally-transmitted confirmed COVID-19 cases on Wednesday, the provincial health commission said Thursday. The confirmed cases …
91% of Chinese students aged 12-17 have received two COVID-19 vaccine doses
About 91 percent of students aged 12 to 17 have received two doses of COVID19 vaccines in China, said a notice from China’s Ministry of Education (MOE) on Wednesday. Although the data show a …
‘Cold war mentality’: China criticises US-UK-Australia submarine pact
Embassy in Washington calls Aukus an ‘exclusionary’ bloc, as France voices anger at scrapping of existing $90bn submarine deal with Australia …
How China Exports Authoritarianism
SHULLMAN is Director of the China Global Hub at the Atlantic Council. He served as Deputy National Intelligence Officer for East Asia on the National Intelligence Council from 2016 to 2018. Although …
China Targets Canada Goose, Maker of Posh Parkas
Canada Goose, the Canadian maker of parkas it claims are designed to keep wearers toasty warm in the “the coldest places on Earth,” is the latest foreign brand targeted by Chinese regulators. China’s …
Wastewater treatment project to go into operation in Shenzhen
An environmental treatment project in Shenzhen, Guangdong province, featuring the comprehensive treatment of high-concentration wastewater, will be put into operation by the end of this year, …
Southwest China earthquake collapses homes, kills at least 2
An earthquake collapsed homes, killed at least two people and injured dozens Thursday in southwest China’s Sichuan province, state media reported. Rescue work was underway following the magnitude-6.0 …
US authorities seize more fake COVID vaccine cards sent from China
Two more shipments of fake COVID-19 vaccinations cards from China have been seized by US authorities. The latest batch of bogus cards were intercepted by Customs and Border Patrol officers in …
China’s Beauty Sector Investment Spree Continues
Chinese perfume label, Scent Library, has secured investment from Spanish perfume and beauty giant Puig, according to Chinese business media platform, 36Kr. The Series B round is said to have raised …
Is China’s Evergrande Group Too Big to Fail?
In a year marked by defaults, the potential collapse of China’s second largest property developer offers insight into Beijing’s changing attitude on bailouts and financial risk.
ADVERTISEMENT
