Chanel, one of the world’s biggest luxury brands, will remain private, after the French company’s boss dismissed IPO rumours. “We’re going to stay a …
Tagged By business
The Shining Promise and Dashed Dreams of China’s Live Shopping Craze
Star sellers can amass huge followings and eye-popping fortunes, through a format that mixes consumerism and entertainment. But competition is fierce, and the government is watching.
Foreign companies in China face growing scrutiny, pressure
Foreign companies are under growing pressure in China from anti-corruption, security and other investigations as President Xi Jinping’s government tightens control over business …
Prudential 1Q Sales, New Business Profit Rose on China Rebound
Prudential posted strong new business growth in the first quarter, with APE sales up 35%, and said momentum, particularly in Hong Kong, had been maintained in the second quarter so far.
China Raises Concerns About German Export Curbs Amid Chips Move
China’s commerce minister voiced concerns about German export restrictions in a meeting with that country’s economy minister, just hours after it was reported Berlin was considering limiting shipments …
China’s Wild Weather to Roil Commodities Like Rubber and Peanuts
Extreme weather in China is threatening to disrupt more commodities, even niche ones like rubber and peanut crops, which may push the world’s biggest consumer to import more.
Thai Condom Exports Gain in Year China Sees Population Decline
Thailand consolidated its position as the top global condom exporter in 2022, a year when its biggest buyer China coincidentally reported its first drop in population in six decades.
Column-Downward pressure builds for US corn exports as China ducks out -Braun
U.S. corn shippers should be in their peak season, but key buyer China has cancelled cargoes this week, placing more scrutiny on export potential, particularly with a massive harvest expected out of Brazil by mid-year.
China’s small commodities hub logs rising exports in Q1
JIANG XIAODONG/FOR CHINA DAILY HANGZHOU – Yiwu, the world’s leading small commodities market in East China’s Zhejiang province, saw both its imports and exports rise in the first quarter of this year.
GRAINS-Chicago wheat, corn hit fresh lows on export competition, China cancellations
Chicago wheat futures fell for a seventh straight session on Thursday and touched a 21-month low on export competition while corn hit a nine-month low, walloped by cancellations of U.S. corn sales to China.
With China’s crayfish back on the market, Tianhe Aquatic courts international buyers
Tianhe Aquatic is a producer and marketer of crayfish, and Kang said the product has become more popular across China as well as in Europe and the United States, especially among the Chinese diaspora living…
U.S. corn futures fall to nine-month low as China cancels another sale
Corn futures in Chicago sank to a nine-month low as China canceled more previously purchased orders for U.S. corn, and wheat futures fell for a seventh straight session.
Taiwan exports to China drop by 30%
Taiwan’s exports to China (including Hong Kong) were only US$34.3 billion from January to March 2023, a 30.6% decrease from the same period the previous year, according to Taiwan’s Ministry of Economic Affairs.
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