China on Friday released its 2021 foreign trade data. In terms of RMB, the total amount of China’s trade in goods reached 39.1 trillion yuan, up 21.4 percent year on year. In U.S. dollar terms,…
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Markets Week Ahead: Nasdaq 100, US Dollar, Australian Dollar, China GDP, Yen, BoJ
The Nasdaq 100 slowed its descent despite 40-year high inflation, with the US Dollar pulling back as the Japanese Yen outperformed. The Australian Dollar is eyeing jobs and Chinese GDP data. Will …
The Myth of Apolitical China: Why the West Refuses to Accept China’s Superpower Status
Not only is China very much a political actor but one would contend that presently, it is the most important political actor in the world.
Xiaomi invests more into UWB technology in China, here’s what you need to know
The Chinese governmental business registration agency, QCC, has recently updated its database in January 2022, and a reporter from ITHome has noticed that Xiaomi recently invested in a small tech …
China’s e-commerce logistics activities expand in 2021
The survey showed that the index tracking e-commerce logistics activities averaged 110.3 points in 2021, up 2.4 percentage points from the previous year and was close to the 2019 average. The total …
Foreign trade impetus for global recovery: China Daily editorial
In a hard-earned result, given the attempts the United States has exerted to reshape the global supply chains, China’s foreign trade realized 30 percent year-on-year growth last year. Its total export …
China builds ‘artificial moon’ for gravity experiment
The facility, slated for official launch this year, will use powerful magnetic fields inside a 2-foot-diameter (60 centimeters) vacuum chamber to make gravity “disappear.” The scientists were inspired …
Companies listed on Chinese A-share market increase under registration-based IPO system
The number of companies listed on the Chinese A-share market grew since the country adopted a registration-based initial public offering (IPO) system, according to an industry report. By the end of …
China facing growing supply chain risk, warns central bank official
People’s Bank deputy governor Liu Guiping tells forum companies may be looking to move factories out of China Liu also warns that increasing international uncertainty threatens the country’s economy …
Car sales for Chinese brands surge in 2021
Sales of passenger vehicles from Chinese brands surged 231 percent year on year in 2021 data from an industry association shows …
As crypto goes mainstream, its carbon footprint can’t be ignored
For advocates of cryptocurrency, the promise of an economic future that is managed by a blockchain (a decentralized database that is shared among …
Unboxing China: What’s behind 346m people engaging in winter sports? Unboxing China: What’s behind 346m people engaging in winter sports?
China set this momentous goal when the country bid for hosting the 2022 Winter Olympic Games. The country is no stranger to the Olympics, as China has been actively participating both summer and …
Tiffany Hsu on China’s Luxury Fashion Landscape
Tiffany Hsu, Mytheresa’s Fashion Buying Director, is the first to be welcomed into 2022’s Jing Daily community of individuals shaping China’s booming luxury fashion industry. These profiles highlight …