Shein Group is reportedly seeking China’s approval to have an initial public offering (IPO) in Hong Kong and a potential HQ in China.
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Sales of foreign-branded phones in China down 31.3% in June, data shows
Sales of foreign-branded phones, including Apple Inc’s iPhone, declined 31.3% year-on-year in China in June, according to Reuters’ calculations based on data released on Wednesday by a government-affiliated research firm.
China snaps up Russian oil as Indian demand drops following Trump tariffs
Chinese refineries have moved to secure Russian oil shipments as demand from India for Moscow’s crude drops amid threats of President Donald Trump’s tariffs.
China’s July fuel oil imports climb to seven-month high
China’s fuel oil imports rose further in July, hitting their highest in seven months, customs data showed on Wednesday.
Why is the US sparing China, but not India, for importing Russian oil?
As the largest purchaser of Russian oil, China imported a record 109 million tonnes of this product last year, representing nearly 20 percent of its total energy imports, Chinese customs data showed.
China keeps up Russian oil purchases as Indian demand falls, say analysts
While Indian state refiners have paused Russian oil purchases in the wake of US tariffs, Chinese refineries have continued to buy Russian oil under encouragement from the Trump administration.
China Eases Export Curbs, But India’s Self-Reliance Key Against Trade Deficit: GTRI
China eased export restrictions on certain goods to India, a positive but insufficient step. India’s trade deficit with China hit $100 billion, exacerbated by reliance on Chinese imports for key …
China’s oil imports from Russia up in July; no US shipments, no Trump tariff yet
China’s July crude imports remained strong despite slower shipments from June, as refineries continued to operate at high capacity.
China’s rare earth magnet exports touch six-month high as export curbs stay relaxed
Germany remained the leading destination, importing 1,116 tons (a 46% increase M/M), while U.S. imports of Chinese rare earth magnets reached 619 tons, surging by 75.5% from June and exceeding last …
Shein IPO snags put China-goes-global on notice
The fast-fashion group moved to Singapore to look more international but couldn’t secure a public debut abroad. So Shein might now return to the mainland to facilitate a Hong Kong listing. It’s a …
The Iranian connection: how China is importing oil from Russia
Networks of brokers and shipowners from Panama to Switzerland are becoming expert at circumventing international sanctions …
Shein considers moving HQ to China ahead of Hong Kong IPO
It has consulted lawyers about setting up a parent company in mainland China. Fast-fashion retailer Shein Group is reportedly considering relocating its headquarters back to China to gain Beijing’s …
China’s rare earth magnet exports hit six-month high in July
China’s exports of rare earth magnets hit a six-month high in July, marking a persistent recovery in the flow of critical minerals used in electric vehicles and wind turbines after a Sino-U.S. trade …