China oil imports from Iran may hit a decade high in August at around 1.5 million barrels per day, news agencies reported Wednesday.Estimates …
Tagged By brands
China deflation: why are prices going down?
China ’s economy has reportedly fallen into what is known as a “ deflation ” – although this term has been vigorously denied by the country’s government. According to several reports, the National …
‘New world order’ backfires on China and Russia amid economic disruption
It was only a year ago that Beijing and Moscow touted a new world order, but things appear to be unraveling fast for their economies. Exports, manufacturing activity and property prices are sliding in …
China’s Oil Imports From Iran Set To Hit Decade-High In August
China is expected to import as much as 1.5 million barrels per day (bpd) of crude oil from Iran in August, the highest since 2013, per estimates from data intelligence firm Kpler cited by Bloomberg.
China Stocks Slump as Economic Gloom Spreads
Since then, China has released a string of worrying economic data. Prices consumers and business pay are falling, raising the threat of deflation. Retail sales and industrial production in July missed economists’ expectations, and investment…
China’s car companies are turning into tech companies
China has already won the race to electrify its vehicles. Now it’s pushing ahead and adding more features and services to attract new customers.
China’s export container shipping price index down in July
The average China Containerized Freight Index (CCFI) stood at 869.89 last month, down 5.3 percent from June, according to the shipping exchange.
Boeing Appoints New President for China Market Amid Strained China-U.S. Relationship
By Bingyan Wang Boeing named a new president for its China business on Wednesday, appointing Chinese-born Alvin Liu, amid a strained bilateral
China’s surprising deflation export: A closer look at Cathie Wood’s insight
Cathie Wood is a star stock-picker and founder of the $60-billion (assets) ARK Invest, which invests in innovations like self-driving cars and genomics …
China’s top brands turn cautious over economic recovery
Chinese consumers are tightening their belts across sectors from beauty products to jewelry, though are still spending big on restaurants, as a list of headwinds signal growing uncertainty about the …
Chinese smartphone brand shipments rise in 2Q23; volume to continue picking up in 2H23, says DIGITIMES Research
According to DIGITIMES Research’s statistics and analyses, second-quarter 2023 smartphone shipments by China-based smartphone vendors exhibited a 7.4% on-quarter growth but a 6.1% on-year decline. In …
Estée Lauder’s Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses.
Founder of Huobi crypto exchange thought to be tenant of new US$128 million mansion in Hong Kong’s Kowloon Tong
A 11,692 square feet house in Kerry Properties’ Mont Verra project in Beacon Hill has been leased to a person named Li Lin, public record shows Li Lin, founder of Huobi Global, sold all his…