A chilling effect has spread throughout the Communist Party ranks as President Xi Jinping intensifies his crackdown on corruption. Those fears are beginning to extend into China’s business world.
Tagged By business
In China, a Cat-and-Mouse Game to Rein in Crypto
Recent court cases reveal how middlemen are facilitating a booming trade, eluding a crackdown.
How China’s ‘cultural confidence’ push is sparking the revival of traditional crafts
Handicrafts and artisans – relegated to the margins during China’s industrial boom – get boost from authorities and online marketing Liu Qilan used to be a kindergarten teacher in Guiyang, capital of Guizhou province in…
How to make it in America: the pressures and pitfalls for Chinese brands going global
As domestic spending falters, Chinese consumer brands are eyeing global markets, but tariffs and cultural barriers could get in their way When Leo Li Minguang walked into a Zara store for the first …
Ascentage Pharma raises $126m in first biotech IPO of 2025
The funds will support the development of Ascentage’s pipeline, including its lead candidate olverembatinib to treat blood cancer.
China’s suspension of five Brazilian soy exporters to last 2 months, says Brazilian official
China’s suspension earlier this month of Brazilian soybean exports from five companies after cargoes did not meet plant health requirements will last two months, a top Brazilian agriculture official …
‘Putin liked the idea…’: Trump makes big announcement of nuclear talks with Russia, China
President Donald Trump at the World Economic Forum in Davos emphasised his desire to meet with Russian President Vladimir Putin to end the ongoing war in Ukraine. He highlighted China’s significant …
Crypto Biz: Trump’s arrival marks a pivotal shift for digital assets
US President Donald Trump’s inaugural address on Jan. 20 didn’t mention cryptocurrency or Bitcoin, but that doesn’t mean there aren’t big things in store for the sector this year. Coinbase CEO Brian …
A crypto reserve instead of a CBDC, but this is not certain. What is Trump up to?
President of the USA Donald Trump on January 23 ordered the creation of a digital assets task force, which among other things will investigate th …
Trump wants to avoid tariffs on China despite maintaining threats
President Donald Trump admitted tariffs represent a powerful economic tool against China, but he would not use them. In his latest comments, Trump has …
McCormick takes “prudent” stance on outlook as China weakness persists
Organic growth for the spices and sauces maker is still expected to improve on 2024’s 1% pace at the top-end of the forecast range.
Dutch PM raised ASML in talks with China’s Ding
Dutch Prime Minister Dick Schoof held “critical conversations” with visiting Chinese Vice Premier Ding Xuexiang, he said on Friday, including discussions on human rights and on semiconductor equipment …
China’s HongShan buys Marshall Group stake in $1.15 billion deal as Telia sells
HongShan Capital Group said on Friday it has struck a deal to acquire a majority stake in Marshall Group in a deal valuing the audio equipment maker at 1.1 billion euros ($1.15 billion). Swedish …
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