In 2021, China’s imports of softwood lumber fell 26.2% year-on-year to 18,5 thousand m3. According to Lesprom Analytics, the value of imports contracted 6.2% to $4,1 billion. Average price of softwood …
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WEEKLY: China’s imported coal market summary on Jan 21
Coking coal imports Seaborne coking coal offering price to China, unit: $/tonne PCI coal imports: Seaborne PCI coal offering pri …
China Lets In Most of the Australian Coal Stranded at Its Ports
Most of the Australian coal used by steelmakers that was being held at Chinese ports in the wake of Beijing’s import ban has now been cleared, according to local research firm Fengkuang Coal Logistics …
Australian PM’s Account Blocked on China’s WeChat, Lawmaker Says
The popular Chinese messaging application WeChat appears to have blocked access to Australian Prime Minister Scott Morrison’s account, leading one senator to call for a parliament-wide boycott of the …
China’s consumers spent $73.6 billion on luxury goods at home last year, up 36% from 2020
The data also reflects the growth of China’s domestic market as a destination for international brands. Mainland China’s share of the global luxury market rose to about 21% in 2021, up from roughly 20 …
China to accelerate building of ‘modern circulation system’ China to accelerate building of ‘modern circulation system’
China will accelerate the building of a “modern circulation system,” covering business circulation, logistics, transport and financial support, during the 14th Five-Year Plan period (2021-2025), …
Geopolitical tensions clouding moment in sun for China equities
Geopolitical tensions point to growing complexity facing U.S. investors amid China’s continued emergence as an economic superpower.
Weihai Baihe Biology Technological’s IPO to debut on Shanghai Stock Exchange
Weihai Baihe Biology Technological (603102) to start trading on the Shanghai Stock Exchange’s Main Board Jan 25, tomorrow. The firm has issued 16.00 mln shares priced at RMB 42.14 per share raising …
China’s ‘little giants’ are its latest weapon in tech war with U.S.
An ambitious government program aims to foster a new generation of startups that can compete with Silicon Valley by targeting sectors such as robotics, quantum computing and semiconductors.
UN chief calls for U.S.-China negotiation over trade, technology
UN Secretary-General Antonio Guterres on Friday called for dialogue and negotiation between the United States and China over trade and technology to avoid the polarization of the world market and …
Chinese E-bike Maker AIMA Technology Teams up with US-based Juiced Bikes for International Expansion
AIMA Technology (“AIMA”), a leading Chinese e-bike manufacturer and US-based Juiced Bikes, recently entered into a strategic cooperation partnership. Su Yuhang, general manager of AIMA Technology’s …
Crypto fraudster Stefan Qin reveals why he stole $123m
An Aussie crypto fraudster, who stole $123 million from investors and spent most of the money on sugar babies, has given a tell-all interview claiming “greed”, bullying and an ex-girlfriend caused his …
Alibaba, Tencent pace stock losses in Hong Kong amid global tech, crypto slump on policy risks
Stocks decline amid global risk-off sentiment after US tech stocks and cryptocurrencies suffered a beating last week amid policy tightening risks.
