Bad weather delayed Brazil’s soybean harvest and exports, reducing shipments to China earlier in the year. Soybean arrivals from Brazil began picking up in Apri …
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Xiaomi’s business hit hard by Covid-19 lockdowns as profit halves in first quarter
The outbreak of the Omicron Covid-19 variant and strict lockdowns in major cities from February cast a shadow over the consumer market,” said Canalys analyst Toby Zhu in a no …
Beyond Ventures Congratulates Smartsens on its successful IPO on the Shanghai’s STAR Market
Prior to its IPO, Smartsens had received investment from numerous well-known corporations and Funds including China Integrated Circuit Industry Investment Fund II, Haikang Wisdom Fund, Xiaomi Industry …
IC design houses bracing for cutback in orders from China handset brands
Taiwan-based IC design houses particularly LCD driver IC firms continue to see their China-based handset clients decelerate their pace of orders, bracing for a potential cutback in the orders for the …
Xiaomi’s business hit hard by China’s Covid-19 lockdowns as profit halves in first quarter
Chinese smartphone maker Xiaomi turned in weak sales and profit for the first quarter as China’s strict Covid-19 lockdowns dampened demand and disrupted supply chains across the country. “This …
Maersk gets back to business in Shanghai
Danish shipping and logistics giant A.P. Moller-Maersk said demand for transport services will surge in China’s Yangtze River Delta region in the coming weeks, as a growing number of manufacturers in …
South Korea looks to break China import dependence and establish ‘supply chain alliances’
South Korea under president Yoon Suk-yeol is seeking to diversify trade away from China and boost ties with other economies in the Indo-Pacific But South Korea’s dependence on Chinese imports, …
Exports beat market forecast
Malaysia’s exports growth in April beat market predictions, with exports recording a double-digit gain for the ninth straight month. The Statistics Department announced yesterday that exports surged …
Cisco stock logs worst day in more than a decade as China shutdown blamed for poor outlook
Cisco shares log their worst day in more than a decade Thursday, as analysts voice concerns about China’s COVID shutdown compounding supply-chain problems.
Canada bans China’s Huawei Technologies from 5G networks
Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning the giant Chinese technology …
Gucci and adidas’ leaky $2346 umbrella is facing a backlash in China
The parasol is being slammed by the online masses because it does not stop rain. Never mind that the brands say that is not what it was designed to do.
Manufacturers weigh in as Congress negotiates China competition bill
The National Association of Manufacturers sent a letter to congressional leadership on Thursday, presenting a list of recommendations as lawmakers negotiate the details of legislation aimed at raising …
Is Beijing Changing Tack on Big Tech?
Rui Ma has nearly two decades of experience in technology and finance, spanning seed stage to pre-IPO investing, spread evenly between the U.S. and China. She founded Tech Buzz China in 2018 to…
