Yunnan Province, the main supplier of flowers in China, reported robust export of fresh-cut flowers in 2021, the local customs authority said. The export value of Yunnan’s fresh-cut flowers hit 520 …
Tagged By blockchain
How the ‘Metaverse’ Could Become China’s Next Bubble
This is the second in a two-part series on China’s growing involvement in the metaverse. Part one can be found here. Since late last year, the tech world has been abuzz about the “metaverse.” Over…
The Chinese Watch Brand That Beat the Swiss
CIGA Design became the first Chinese brand to win a Grand Prix prize when its Blue Planet automatic wristwatch, a 46-millimeter titanium model featuring a rotating blue aluminum 3-D globe, beat five …
China Fintech PingPong Weighing $1 Billion Hong Kong IPO, Sources Say
Chinese fintech startup PingPong is considering an initial public offering in Hong Kong to raise as much as $1 billion, people with knowledge of the matter said.
WTO: China can slap duties on $645m of US imports
The World Trade Organization handed a fresh victory to China, permitting it to slap duties on $645-million worth of US imports per year.
WTO allows China to impose retaliatory tariffs on US imports
This is the second time that China has won in trade retaliation against the US at the WTO. China was authorized the right to retaliatory tariffs of $3.58 billion annually against the US imports in…
ADB to develop prototype for Cross-Border Securities Transaction System using blockchain
The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the use of blockchain technology. Working …
China Summons Manufacturers After Prices of Rare Earths Surge
China has summoned automakers along with producers of electronics and magnet materials in a bid to bring surging rare earths prices under control, according to people with knowledge of the matter.
Tesla Superchargers are being destroyed in China, charging cables sold for money
Over the last couple of days, netizens in China have uploaded pictures of destroyed Tesla Supercharger power stations. Apparently, some people have been attacking these stations for their charging …
Apple’s iPhone retakes top spot in China smartphone market: research
“Apple rose to first place in China right after the iPhone 13 was … in the crosshairs of Beijing and Washington’s trade and technology standoff. The United States has barred Huawei from …
EU to launch WTO case against China over Lithuania embargo, as row over Taiwan office continues
The move comes as the Lithuanian government is under pressure to reconsider renaming the Taiwanese Representative Office.
Exports booming, Taiwan’s China Airlines orders 4 more Boeing freighters
Taiwan’s China Airlines Ltd 2610.TW said on Thursday its board had approved the purchase of four more Boeing Co BA.N 777F freighters, adding to an earlier order for six of the same model as it…
COLUMN-Iron ore rallies on Australia supply fears, China demand hopes: Russell
The solid exports in recent months have shown up in China’s import figures, with Refinitiv forecasting January imports at 117.41 million tonnes, which if confirmed by official customs data would be …