People in China are being policed by drones and robots as the country enforces a harsh ‘zero-tolerance’ Covid-19 policy. This week a Weibo user posted an eerie video of a drone flying high in the…
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After China ban, Agri Dept urges farmers to report foot & mouth disease cases
China announced a ban of South Africa’s wool and meat exports due to the outbreak. The disease broke out in Limpopo, Gauteng, the North West and the Free State last month.
Fund Manager Who Called End of Last Crypto Winter Remains Bullish
He’s proud of having called the bottom of the yearlong “crypto winter” with his Dec. 21, 2018, tweet: “We will pump off the bottom extremely quickly, leaving most sideline investors stuck in fiat.” …
China woes fail to dent Fidelity’s positive outlook on equities
After the worst monthly net outflows from Chinese equities in two years, one of the world’s biggest fund managers, Fidelity, is bullish on the country.
Babel Finance raises $40mln as interest grows in Asian crypto
SHANGHAI- Hong Kong-based crypto lender and asset manager Babel Finance said on Monday it has secured funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital. The $40 …
Containers Pile Up at China Ports as Lockdown Blocks Trucks
Containers full of frozen food and chemicals are piling up at China’s biggest port in Shanghai as a Covid lockdown in the city and compulsory virus testing means truckers can’t get to the docks to…
Chinese Gen Z want ‘China chic’ not foreign brands, as the rise of Anta Sports at the expense of Adidas and Nike in China shows
The ‘China chic’ or guochao trend has grown among young consumers in China – millennials and Generation Z – as seen in rising sales for home-grown fashion and beauty brands and falling sales for …
Green Tea delays Hong Kong IPO
Mainland-based restaurant owner Green Tea Group has pushed back its Hong Kong IPO timeline amid increasingly poor market conditions. Green Tea was set to pre-market its IPO in March and was initially …
Shanghai lockdown snarls world’s busiest port and China supply chains
Shanghai’s grinding coronavirus lockdown is slowly clogging China’s supply chains, as delays hit the world’s busiest container port where staff are tangled in a morass of Covid controls.
China Endeavors to Ensure Internet Celebrity Economy Brings Consumers Better Products and Experience
From Internet-famous bread and bookstores to popular towns and coffee shops that won fame online, products and services that have caused an online sensation are springing up everywhere, which also …
Victoria’s Secret Spins Off China Business Into New JV With Regina Miracle
Victoria’s Secret is divesting its China operations to a joint venture formed with Chinese underwear maker Regina Miracle that will operate all Victoria’s Secret’s brick-and-mortar stores and online …
Chinese Communist Party Wants More Control On NFTs, Calls For Urgent Establishment Of Joint Supervision
The report described NFT as a financial technology product; hence, it should be regulated under strict supervision …
EXPLAINER: Can war massacres in Ukraine sway China’s support of Russia?
China has described reports and images of civilian killings in Ukraine as disturbing, and urged that they be further investigated, even while declining to blame Russia.
