Q1 revenue on Friday has nosedived over the fourth quarter, hindered by its mining pool business after China banned cryptocurrency transactions …
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STEPN’s GMT price crashes after China ban, showing serious red flags
STEPN, web3 lifestyle app, witnessed a colossal crash, plummeting 74% from its all-time high after the China ban. Analysts have criticized STEPN’s token economy, believing it is in danger of entering …
China lockdowns are exacerbating supply chain crisis, warn manufacturers
Covid outbreaks in China are worsening a supply chain crisis being endured by manufacturing companies, with an on-going lockdown in Shanghai particularly …
‘Spy chief of China’ laptop recording sheds light on Hunter Biden’s overseas business
Hunter Biden’s business ties to men he believes were connected to Chinese intelligence loom large as he faces an investigation into his taxes, overseas business dealings, and possible foreign lobbying …
Reshoring from China to Mexico – How Prevalent is it Really?
A business sentiment survey from the European Chamber of Commerce in China indicates that a quarter of 372 companies are considering relocating their current or future investments outside of China, …
Cloud business a bright spot for slowing Alibaba and Baidu
Cloud services have become a rare growth point in the lackluster earnings reports of Alibaba, Baidu, and Tencent.
China facilitates foreign investment in domestic bond market
China published rules on Friday to allow foreign investors … news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international …
Thai April Exports Miss Forecast Over Ukraine War, China Lockdown
Thailand’s exports in April rose at a much slower pace than the previous month and less than expected, commerce ministry data showed on Friday, coming under the pressure of Russia’s invasion of …
China’s growth remains a stabilizer for world economy
As the world economy struggles with a lingering pandemic and increasing headwinds, China is expected to continue to act as a stabilizer for the global economy with its sound long-term fundamentals. At …
China’s April styrene import hits all-time low
China’s styrene monomer import hit the all-time low in April 2022. According to China Customs, China imported 45.9kt of styrene in April, down 92.9kt or 66.9% from March, and down 68.6kt or 59.9% year …
When can China relax its zero Covid strategy?
While some regions of China may start easing restrictions, the data suggests a complete exit from zero-Covid remains a distant prospect.
Biden Shows Sign of Rethinking China Tariffs. Any Move Won’t Come Soon.
We did not impose any of these tariffs; they were imposed by the last administration,” President Biden said about U.S. tariffs on China.
Blinken describes China as a bigger long-term challenge than Russia
US Secretary of State Antony Blinken called Thursday (26 May) for vigorous competition with China to preserve the existing global order but said the United States did not seek a “Cold War.” …
