China is also suffering from an energy crisis. Major industries have had to restrict production, and reports abound of candle-lit dinners, traffic lights failing and people getting trapped in …
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Before debt woes, China Evergrande’s ambitious car making goals stunned industry
One of the largest exhibitions at the event, in a prime spot opposite BMW, the property developer-backed unit showed off nine concept vehicle models under its brand “Hengchi”, which translates to …
Xinhua Silk Road: World Digital Economy Conference helps boost digital revolution in E China’s Zhejiang Province
The World Digital Economy Conference 2021 & the 11th Smart City and Intelligent Economy Expo kicked off in Ningbo of east China’s Zhejiang Province on Thursday, helping push forward the province’s …
Netflix isn’t available in China but that hasn’t stopped businesses there from cashing in on the ‘Squid Game’ frenzy with merch
Despite not being technically available in China, “Squid Game” has taken off in the country, and retailers are selling dalgona candy and costumes to fans of the South Korean hit.
Pharmaceutical and Biotech Exports to China Increasing Fast
South Korean pharmaceutical and biotech companies’ technology exports to China, one of the largest markets in the industry, are showing a rapid increase these days.The Korea Pharmaceutical and …
China reportedly investing $ 8.43 bn in Africa as part of Digital Silk Road initiative
China is expanding its digital footprints in Africa as a key element of its post Covid economic strategy for the continent and its companies are reported to invest $ 8.43 bn in the continent as…
Nato to expand focus to counter rising China
Secretary-general Jens Stoltenberg reveals significant broadening of western alliance’s objectives to include Beijing …
Proactively increasing imports of finished products from Africa
Bilateral trade between China and Africa surged by 20 times in the last 20 years to $180 billion in 2020, accounting for about 21 percent of the continent’s overall foreign trade that year, according …
China’s Cotton Imports down 35.7% in August
According to the customs statistics, China imported 90,000 tons of cotton in August, seeing a decline of 35.7% both year-on year and month-on-month. In January-August period, China’s cotton imports …
Top 10 Influential Brands of 2021 in Asia
The basic indicators used by World Brand Lab to evaluate the influence of Asian brands included market share, brand loyalty and global leadership. The “Asia’s 500 Most Influential Brands” list has …
China’s energy crisis to help Indian chemical, steel firms
The economic rebound has exposed the shortage of fuel used for power generation.In India, industries are scrambling for coal supplies as CIL focuses on deliveries to the power sector …
Asian shares jittery ahead of China GDP; oil hits fresh highs
Asian shares were on edge on Monday morning ahead of the release of Chinese economic data for the third quarter, as investors fret about the health of the world’s second-largest economy even as U.S …
Goldman Sachs gets regulator nod for full ownership of China securities JV
Goldman Sachs said on Sunday it received an approval from China’s securities regulator to take full control of its mainland securities business. The U.S. bank said it will buy the remainder of Goldman …