China’s trade surplus reached a record $676.4 billion in 2021, the country’s General Administration of Customs said today (Jan 14). Driven by an uptick in shipments of mechanical and electronic …
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Evergrande takes on Tesla, rolling out its first electric vehicle as the embattled Chinese real estate developer seeks to make EVs its core business
Evergrande said in 2020 that it wants to become “the largest and most powerful new energy automobile group in the world” within three to five years.
Assistive technology empowers China’s eldercare service
While the risk of suffering a fall is serious among older adults, many senior citizens in Shanghai can feel a sense of relief, thanks to a matchbox-sized assistive device. The recently launched …
China remains favored investment destination: WSJ
China remains an investment destination as its technology startups attracted a record amount of venture funding last year, the Wall Street Journal reported on Thursday. In the year of 2021, …
China’s Exports and Imports Grow More Slowly in December
China’s exports and imports grew more slowly in December as the world’s second-largest economy showed signs of slowing, but exports came in just above expectations, buoyed by ongoing solid global …
China 2021 copper imports slip after previous year’s record high
China’s imports of unwrought copper and copper products slipped in 2021 from the previous year’s record, though imports of copper concentrate hit a historic high. Recast to lead with annual imports, …
China 2021 iron ore imports retreat from record on steel curbs
China’s iron ore imports dropped in 2021, down 4.3% from the previous year’s record annual high, as steel production curbs imposed to combat pollution dented demand and pulled prices of the key …
China 2021 meat imports fall 5.4per cent, surge in domestic pork supply weigh
China’s meat imports in 2021 fell 5.4per cent from the year before, customs data showed on Friday, as a surge in the domestic supply of pork reduced demand for overseas supplies.China brought in 9.38 …
China trade: exports rose almost 30 per cent in 2021, imports up by 30.1 per cent
China’s exports grew by 29.9 per cent in 2021 compared to the previous year China’s imports last year grew by 30.1 per cent over the same period China’s exports grew by 29.9 per cent in…
VIEW China crude, copper and soybean imports rise in December on year
China’s imports of crude oil, copper and soybeans rose in May from a year ago, data from the General Administration of Customs showed on Friday. Imports of iron ore fell.
China reportedly building state-backed blockchain infrastructure for NFT industry
China is reportedly planning to launch its own infrastructure to support the deployment of NFTs in an attempt to create an industry not linked to cryptocurrencies. A South China Morning Post said …
Bank of Lanzhou’s IPO to debut on Shenzhen Stock Exchange
Bank of Lanzhou (001227) to start trading on the Shenzhen Stock Exchange’s Main Board Jan 17, next Monday. The firm has issued 569.57 mln shares priced at RMB 3.57 per share raising RMB 2.03 bln.…
China’s Trade Surplus Surges to Record $676.4B in 2021
China’s politically volatile global trade surplus surged to $676.4 billion in 2021, likely the highest ever recorded by any country, as exports jumped 29.9% over a year earlier despite semiconductor …
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