World major brands have expressed optimism about the potential of the Chinese market, as China’s economy continues to grow, beating expectations, and their sales in China significantly increase. Xi co …
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Importing Less From China Does Not Necessarily Mean The U.S. Will Buy Fewer Chinese Goods
China’s share of imports of “critical goods” rose from 6.2% in 2002 to 17.9% in 2017 but dropped to 11.1% in 2023. The Department of Homeland Security defines critical sectors where threats could have …
To Avoid Hefty Tariffs, China’s BYD Eyes U.S. Car Market Via Mexico
The Tesla competitor, which is expanding rapidly in Europe and Southeast Asia, is also looking at a new export base south of the U.S. border.
China Outbound and Inbound Tourism Spending Rebounds on Ant Group’s Cross-Border Merchant Networks During Chinese New Year Break
Data from Ant Group shows a robust rebound of consumer spending during the first back-to-normal Chinese New Year (CNY) travel season after the Covid-19 pandemic, especially in cross-border tourism.
Bitcoin ordinals: after burst of NFT bubble, blockchain art gets another medium, smaller and self-contained, now sold by auction house Sotheby’s
Sotheby’s has held two successful auctions of bitcoin ordinals – images, videos or text attached to satoshis, the smallest denomination of bitcoin. Some artworks are fetching up to five times their …
Restaurants enjoy booming business this CNY, some see Chinese tourists wanting to try lo hei
Those who celebrate Chinese New Year would be aware that Friday (Feb 16) is the seventh day of the first lunar month, which is also known as “everyman’s birthday”. On this day, Singaporeans would …
Chinese EV companies on war path. What it may mean for global auto brands
As the Chinese economy slows down, local EV brands are looking to branch out to foreign shores. But what does it mean for global brands here?
Whisky takes a shot at China’s Baijiu-dominated market
Its Alcohol-By-Volume (ABV) can top 60% – in comparison spirits like scotch whisky and tequila typically have an ABV of around 40%. “Baijiu certainly still has its place in Chinese liquor consumption, …
It’s Harder to do Business in China Now—and That’s a Good Thing
If America really wanted to force China’s hand towards an open, rules-based economy, passing and enforcing more pro-transparency legislation would send the right signal.
China’s imports of finished vehicles down 9 pct in 2023
BEIJING, Feb. 16 (Xinhua) — China’s imports of finished vehicles fell 9 percent year on year to 799,000 units last year, data from the General Administration of Customs showed. The import value …
China Market Update: Pain Trade Is Higher: Hong Kong Rallies As Fund Managers Reduce Exposure
Asian equities rebounded overnight, as Taiwan returned from holiday in good spirits, jumping +3%, led by an analyst upgrade of Taiwan Semiconductor Manufacturing Company (TSMC).
Asean-China pact ramps up exports
The Asean-China Free Trade Agreement (ACFTA) has significantly boosted Thai exports to China, particularly processed sugar items such as syrup, artificial honey and various sweeteners.
Exporting Autocracy
CSIS Americas director Ryan C. Berg and Henry Ziemer analyze China’s role in democratic backsliding across Latin America and the Caribbean and outline a series of recommendations for the United States …
