Two Chinese companies will no longer be able to export to the U.S. due to their use of forced labor … added to the U.S. sanctions list because they use forced Uyghur labor in China’s…
Tagged By business
Heineken, Moët & Chandon are the world’s most valuable liquor brands
Moët & Chandon maintains its title as the most valuable Wine & Champagne brand, valued at $1.3-billion, despite the fall in Champagne brands.
Apple removes over a hundred ChatGPT-like apps in China as tighter regulations set to take effect
Removal of the apps comes after China last month issued the world’s earliest and most detailed regulations on generative AI models.
China seeks to reduce dollar purchases by banks
As concerns grow over the yuan’s depreciation, China’s currency regulators have started advising some commercial banks to decrease or even postpone their dollar purchases. These actions have been …
Crypto executive behind mysterious $500,000 payment to PAC backing Mayor Francis Suarez
The mystery person behind a $500,000 donation to a super PAC supporting Miami Mayor Francis Suarez’s bid for president was revealed in a Monday FEC filing as Ivan Soto-Wright, CEO and cofounder of …
China Imposes Export Curbs On Critical Metals, Drones
Chinese controls on exports of two metals critical to making semiconductors came into force on Tuesday, a day after Beijing imposed curbs on the foreign sales of some drones.
US banning imports from two more China-based firms over Uyghur labor
Two Chinese companies will no longer be able to export to the U.S. due to their use of forced labor, the Department of Homeland Security (DHS) announced Tuesday. A car battery manufacturer and a
China Vows Lower Business Financing Costs, Support for Property Sector in H2
A man walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing November 20, 2013. China will lift controls on deposit rates when conditions are ripe, the central bank…
UAV export controls show country acts responsibly: China Daily editorial
While the Chinese government will continue to support Chinese enterprises to carry out international trade and cooperation in the civilian field, the new measures demonstrate its resolve to strictly control exports of UAVs and UAV…
Ron DeSantis targets China, big business as he rolls out economic plan — including ban on lockdowns
Florida Gov. Ron DeSantis said that he is “game” for a Constitutional amendment to ban lockdowns intended to contain pandemics.
China’s Factory Activity Falls Back Into Contraction Territory in July, Caixin PMI Shows
The Caixin manufacturing purchasing managers’ index came in at 49.2 in July, a decrease of 1.3 point from June, data released by financial media group Caixin showed today. It had stayed above the benchmark of…
Column: China imports less refined copper but raw materials surge
China’s imports of refined copper fell to a four-year low in the first six months of 2023, underlining the sense of stalled momentum in the world’s manufacturing powerhouse.
China aims to build Blockchain digital infrastructure by 2025
China sets sights on 2025 to establish robust blockchain infrastructure, signalling ambitious digital transformation plans …