China is likely to import a similar amount of iron ore this year as it did in 2022, with demand in the world’s biggest steel producer failing to show signs of recovery, according to participants…
Tagged By business
How are Chinese firms responding as buyers ‘don’t want anything made in China’?
But relying solely on China operations is no longer considered the safest bet for manufacturers, as the country’s “world’s factory” status is not as strong as it was in the past. Compounding concerns …
Timeline: how Micron went from China business partner to the target of a national cybersecurity probe
This timeline highlights Micron Technology’s key developments since its entry into the China market over two decades ago, leading up to it being branded a national cybersecurity threat.
Suspected China-based fentanyl suppliers raking in tens of millions in crypto, analysis shows
CHINA IS COMING FOR OUR KIDS WITH THESE DANGEROUS PRODUCTS … The report said the findings suggest crypto-based transactions associated with fentanyl production match regional patterns previously …
Marcum Asia To Expand In Hong Kong As U.S.-China Tech War Shifts IPOs
Marcum Asia CPAs LLP, a joint venture between Marcum LLP and Bernstein & Pinchuk, plans to hire up to 25 people before the end of 2023, Co-Chairman Drew Bernstein said in an interview on Tuesday.
Binance CEO says “it’s a big deal” after China broadcast crypto on state TV
Binance CEO Changpeng “CZ” Zhao has highlighted a broadcast of crypto on Chinese state TV, saying this was a “big deal” and the community was buzzing.
China Central Television airs crypto segment in rare move
The segment was one of a few instances where cryptocurrencies have appeared on CCTV since China’s Bitcoin ban.
Crypto could be tool in fight against drug trafficking
The bottom line: Proper blockchain analysis can enable law enforcement to monitor fentanyl sales, identify criminals, and provide crucial evidence to prosecutors, Chainalysis wrote. Ultimately, crypto …
Why China is the new fragrance battleground for brands
Legions of international perfume brands have been clamouring to enter the country, while local fragrance brands have been attracting investment from the biggest multinationals. Puig and L’Oréal have …
Toyota, GM, VW, BMW Others To Lose In China As Gas Car Age Is Ending
However, that’s not necessarily the case in China, the largest automotive market in the world, where domestic automakers and many consumers are embracing EVs. Foreign car brands that haven’t …
Imax CEO On China Box Office, Big Screen Boom & Company’s New Side Business
Imax chief executive Rich Gelfond said he’s never seen China let as many U.S. titles into country as early as they have this year. After a slowdown in the pace that caused some angst in…
Timeline: how Micron went from a welcome business partner in China to the target of a national cybersecurity probe
With an investment of US$250m and about 2,000 employees, Micron’s Xian factory in western China was its first in the country and its second in Asia In 2022, Micron said it would close its DRAM…
Black Market for Worldcoin Credentials Pops Up in China
Worldcoin, a crypto project by OpenAI CEO Sam Altman has gained some traction in China, with users rushing to source know-your-customer (KYC) verifications on the black market. Worldcoin’s crypto …
