Efforts by the Brazilian government to lift a month-long ban on beef exports to China paid off on Thursday, as Beijing agreed to resume imports while also approving four new beef-packers based in …
Tagged By business
U.S. Due Diligence Firm Says China Detained Its Employees
By Keith Bradsher Reporting from Beijing The authorities in China have raided the Beijing office of the … Peter Humphrey, and his wife and business partner, Yu Yingzeng, an American. They had …
China’s strong recovery shores up foreign firms
“The impact of COVID-19 is only short-term, and we are confident about the business prospects in China in the long run,” said Bill Feng, vice president of Bitzer Greater China. Michel Doukeris, chief …
US due diligence firm Mintz Group says staff detained in China after office raid
One U.S. business community person told Reuters the Mintz Group incident … “Red alerts should be going off in all boardrooms right now about risks in China,” the source, who did not wish to be…
China’s new premier, Li Qiang, takes pro-private sector campaign on the road
Li targets embattled export and manufacturing sectors with stops in Guangdong and Hunan He telegraphs the same message he sent more than a week earlier as he took on the role Li Qiang has sought…
China Developer Sunac Warns of Losses Up to $4 Billion for 2022
Beijing-based real estate developer Sunac China Holdings Ltd. warned investors that it expects a second consecutive year of multi billion-yuan losses. This underscores the plight of China’s builders.
China-Russia trade surge lifts yuan use, but Russians would ‘give right arm’ for US dollars
China’s total exports to Russia grew to US$76.12 billion in 2022, representing an increase of over 12 per cent compared to a year earlier Russia’s economy has been hit by Western sanctions as a result…
The Brands Fraudsters Love To Copy, from Cartier to Yeezy
The definitive denim brand is no stranger to being imitated by fraudsters. Classic 501s and 550s are the most pirated styles, especially valuable vintage pre-1970 Big E 501s. Pictures are fake Levi’s …
China’s crude oil imports in January-February 2023 fell by 1.3% YoY
The volumes of oil refining increased by 3.3% . China’s crude oil imports in January-February 2023 fell by 1.3%, year-on-year, to 84.06 million tonnes, according to China’s Na …
Registration-based IPO a boon for smaller banks
With the full implementation of the registration-based initial public offering system in the A-share market, the number of listed banks in China is expected to increase significantly and IPOs may …
Crypto is banned in China, but Binance employees and support volunteers tell people how to bypass the ban
Binance founder Changpeng “CZ” Zhao has touted the exchange’s know-your-customer systems, known as KYC, as a billion-dollar effort. Among other functions, they are supposed to stop customers that aren …
China lifts Brazilian beef import ban ahead of Lula’s visit
“The Chinese government decided to lift the ban on Brazilian beef” after a meeting between Favaro and Chinese customs chief Yu Jianhua, the Brazilian ministry said in a statement. So far, China’s …
China’s Imports Dip on Slowing Global Demand and Tempering Commodity Prices
China’s recent reopening has failed to boost its imports, as the global economic slowdown has weighed on external demand and lowered international commodity prices, says Fitch Ratings. China’s imports …
