Beijing-Shanghai High Speed Railway Co. Ltd. (601816.SH) expects to report its first quarterly loss since the railway operator went public in 2020 as train travel shrinks amid strict pandemic control …
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How India Has Been Pushing Back Economically Against China
Earlier this month, anti-money-laundering agencies in India launched a crackdown against Vivo, accusing it of channeling money outside India, mainly to China, to escape tax liabilities. By what it was …
China was seen as a gold mine for Western tech companies but now they are leaving there empty-handed
US billionaires once believed the “sky would be the limit” when it came to making money in China, however, in recent months, several tech giants — including Amazon’s Kindle and Airbnb — have joined a…
Zhejiang Chenguang Cable’s IPO to debut on Beijing Stock Exchange
Zhejiang Chenguang Cable (834639) to start trading on the Beijing Stock Exchange Jul 12, tomorrow. The firm has issued 53.67 mln shares priced at RMB 4.3 per share raising RMB 230.77 mln. Its price-to …
China’s Verdict on Fashion Week Has Never Been More Important
The recent menswear season was a highly anticipated event, taking some of the biggest names in luxury to London, Florence, Milan, and Paris.
Chinese ice cream brand faces heat from social media users after video shows it does not melt even when kept in hot temperature
Beijing: A Chinese ice cream brand is facing the heat after consumers found that it does not melt even after it was kept in hot temperature, triggering doubt about the ingredients used in preparing it…
China sold 34% of H1 imports
Mainland China accounted for more than one-third of the value of Cambodia’s imports in the first half of this year, sales which have substantially driven economic growth in the Kingdom and supported …
China’s foreign trade passes stress test: China Daily editorial
With a combined value of $2.94 trillion, the country’s foreign trade rose 9.4 percent over the same period last year, with exports increasing 13.2 percent and imports 4.8 percent. In June, following …
China’s messaging app WeChat seeks to ban misleading crypto promotion
Following WeChat’s banning of all crypto-related accounts, the messaging app is now seeking to ban misleading crypto claims on its platform.
China’s central bank to expand the deployment of e-CNY
Image: Shutterstock Lan Zou, chief of monetary policy at the People’s Bank of China (PBoC), made an announcement that China will increase the number of digital yuan (e-CNY) test sites from 11 to 23, …
Crypto winter brings plummeting GPU prices
Oh dear, how sad, never mind.Falling crypto prices are causing GPU prices to drop below MSRP across the board. Basically, the crypto miners are not buying new GPUs, at least in China making the prices…
Economic Watch: China’s employment market perks up amid broader positive signs, gov’t support
China’s employment market has seen signs of an upturn, amid broader improvements in key economic indicators and the implementation of multiple pro-employment policies. The country’s surveyed urban …
China: Exports kept the solid performance – UOB
The lifting of COVID-19 lockdowns in Shanghai further boosted China’s exports in Jun but imports grew at a slower than expected pace which raised concerns of weaker domestic demand. China’s imports …
