China was responsible for 75% of the world’s Bitcoin energy use; in April 2019, this had fallen to 46%, now it is likely that 90% of Bitcoin mining capacity in China will shut down.
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Fashion in 2022: How will brands navigate China, Covid-19, cancel culture?
This time last year, when we looked ahead at what was to come for the fashion industry in 2021, we thought that by December the coronavirus pandemic would be in the rear-view mirror.Not so fast.…
Gucci ad with ‘scary’ makeup and nose ring reignites public fury in China over West-dominated Asian model look
As the poster came under the spotlight on China’s social media platform Sina Weibo, the Global Times has found on Wednesday that the luxury brand has hid the model’s photos on its Weibo account, only…
Chinese AI Giant SenseTime’s IPO Comes at a Bad Time
SenseTime has developed strong AI technology. Next, it needs to figure out how to make money from it.
China Says That A SpaceX Satellite Nearly Collided With Their Space Station, And They Are Not Happy
Advertisement China has registered a complaint with the United Nations that the country had to take evasive steps to save the collision of China’s space station with Elon Musk’s SpaceX. In July and …
China’s export controls contribute to open world economy
China’s export controls have made major contributions to fostering an open world economy, an expert said Wednesday after the release of a white paper titled “China’s Export Controls.” The white paper …
Critics in China see Asian stereotypes in recent ads
The latest backlash over advertisements followed one over luxury brand Dior, which apologized and withdrew a photo at an art exhibition showing an Asian model with freckles and very dark makeup …
China’s Didi plans Hong Kong ‘listing by introduction’, picks banks – sources
China’s ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising capital or issuing new stock as it seeks to delist from New York,…
SenseTime IPO lands Chinese professor $3.4bn fortune
Just weeks after the U.S. placed a unit of SenseTime Group Inc. on a blacklist for alleged human rights violations, the firm is about to make founder Tang Xiao’ou one of the world’s richest people.
China raises import quota for Australian wool in 2022
China has raised the import quota for Australian wool in 2022 from the previous year, the commerce ministry said on Wednesday, in line with the terms of a bilateral trade pact.
Shorter negative lists in car sector show China opening up wider
China has released two shortened negative lists for foreign investment, reducing the number of items off-limits to foreign investors in the national negative list from 33 in the 2020 version to 31 in …
An Introduction to Doing Business in China 2022 – New Publication from Dezan Shira & Associates
Doing Business in China 2022 is designed to comprehensively guide new and established investors in China with the most recent and relevant policy changes.
Metals Mixed on China’s Economic Outlook, Global Virus Surge
Copper and ferrous metals were mixed as investors try to gauge the outlook for the Chinese economy amid slowing growth and the potential for stimulus next year. Most Read from BloombergApple Aims to …
