HAIKOU – The total import and export of goods in South China’s Hainan province hit 115.16 billion yuan ($16.11 billion) in the first half of this year, up 26.4 percent year-on-year, Haikou Customs …
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Does China determine Hong Kong’s crypto aspirations?
As the crypto whirlwind sweeps across the globe, Hong Kong seems to be caught in its gust. However, this adoption wave isn’t just a local phenomenon; it’s a telltale sign of the undercurrents coursing …
Overcapacity in China’s EV battery industry to reach four times demand by 2025, putting small players at risk
China’s electric vehicle battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, analysts say.
China’s Oil Imports Hit New Highs, Output Soars
China has ramped up crude output, and is currently pumping 4.3 million barrels a day making it the world’s fifth largest producer.
Animoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push
Yat Siu, the founder of Animoca Brands, has recently highlighted China’s influence on Hong Kong’s crypto development. While speaking at the 2023 Ethereum Community Conference (EthCC), Siu noted that …
Russia and China’s trade relationship has become increasingly lopsided
Import data reveals just how reliant the Kremlin has become on Beijing over a year into Russia’s war in Ukraine.
Governments in China are Propping Up Hong Kong’s Ailing IPO Market
Chinese companies wanting to go public in Hong Kong have had a hard time getting international investors to buy their shares. Local governments in China are stepping up to help fill the void—and …
LI Stock Outlook: Can China’s Middle Class Afford This New Minivan?
Anyone who bought Li on its IPO in mid-2020 is sitting on a profit of 140% … But there’s an important piece of the Li stock story we haven’t yet touched on. China’s “one-child policy”…
China’s Anhui reports foreign trade growth in H1
The total import and export of goods in east China’s Anhui Province grew 3.4 percent year on year to over 377.55 billion yuan (about 52.81 billion U.S. dollars) in the first half of 2023, local…
US recovers share of China’s ag imports after trade war
There were fears that even though U.S. ag exports to China were rising after the countries agreed to a trade war détente during the Trump administration, the U.S. might never recover its pre-trade war …
As the world sizzles, China says it will deal with climate its own way
John Kerry is finishing a trip to Beijing, and the need for China and the United States to take concerted action on climate change has never been more evident.
China’s crypto crimes expose capital-control loopholes, as millions in virtual currency seized
Chinese economist calls for review of rigid crypto ban amid slow e-CNY adoption In a separate … The recent virtual currency cases, however, shed light on loopholes in China’s capital control system.
Shanghai to Boost Industrial Internet Sector Through IPOs, Other Means
Shanghai will speed up the development of the industrial internet sector, which is the linking of Big Data, analytical tools and wireless networks with factory equipment, by launching a series of …