The chip shortage has Apple looking at other suppliers, including China. Apple is looking at options for the chips that go into iPhones since a production disruption at a Japanese partner exposed the …
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China oil giant CNOOC plans $5.5 bln Shanghai listing amid heightened geopolitical risks
SHANGHAI: CNOOC Ltd, China’s top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing …
WeChat bans NFT accounts, citing ‘crypto speculation’
WeChat has blocked more than a dozen accounts belonging to NFT marketplaces from its social media platform, citing prevention of “crypto speculation.” …
Measuring the Market Power of China’s Medical Product Exports
During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products …
1st LD: China’s non-manufacturing PMI down in March
A staff member makes takeout food at a restaurant in Xi’an, capital of northwest China’s Shaanxi Province, Jan. 13, 2022. (Xinhua/Li Yibo) BEIJING, March 31 (Xinhua) — The purchasing managers’ index …
China Tech Stocks Fall as U.S. Signals Tough Stance on Delisting
Chinese technology stocks slid after the U.S. securities regulator played down the prospect of an imminent deal to keep local firms listed on American exchanges.
China Factory Activity Contracts as Cities Go Into Lockdown
China’s manufacturing activity contracted in March as authorities locked down major technology and factory hubs to curb a surge in Covid cases, damaging the outlook for economic growth.
As bitcoin miners go green, China’s ban could be a ‘trillion-dollar’ present to US
A mining executive told CoinDesk that China’s ban on crypto mining was a “trillion-dollar present” to the US. This view was mirrored by Michael Saylor, CEO of MicroStrategy, a software analytics …
International court determines scope of duties on certain Chinese imports
The U. S. International Trade Commission determined that an engineered wood product fell within the parameters of the investigative probe into imports of Chinese millwork and wood moulding imported …
China state money puts wind in Ferretti IPO sails
The answer to Ferretti Chief Executive Alberto Galassi’s baffling confidence in its Hong Kong share sale lies in the South China Sea. The yacht maker is going public on Thursday despite seemingly ever …
China’s factory, services sectors slump together for first time since 2020
“at-above-post addthis_tool” data-url=” (Reuters) -Activity in China’s factory and services sectors swung into negative territory in March, an official survey showed on Thursday, contracting …
India Emerging as Alternative to China for Industry
With gradual expansion of the capacity of its local sourcing and distribution networks accompanied by provision of key incentives and regulatory relaxations to foreign investors, India is on its way …
China’s manufacturing, services activity contracted in March
China’s official manufacturing purchasing managers’ index (PMI) fell to 49.5 in March, down from 50.2 in February Official non-manufacturing PMI, which measures business sentiment in the services and …
