Oil futures fell early Thursday, feeling pressure after weaker-than-expected import data from China. Price action. West Texas Intermediate crude for April delivery fell 50 cents, …
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China announces plans for new national financial regulator
China’s governmental overhaul will “strengthen institutional supervision, supervision of behaviors and supervision of functions,” according to the plan.
China’s ZKH Group files for IPO with plan to list ADS on NYSE under ticker ‘ZKH’
ZKH Group Ltd, a Chinese MRO (maintenance repair and operations) procurement service platform, filed for an initial public offering on Tuesday, with plans to list its American Depositary Shares on the …
Xi Jinping hits out at US as he urges China’s private firms to ‘fight’ alongside Communist Party
China’s leader Xi Jinping hit out at the United States with unusually direct comments as he called on the country’s private companies to “fight” alongside the Communist Party at a time of mounting …
Hong Kong loses lustre as retail units go vacant and big brands look to China
Total visitor numbers to Hong Kong dropped sharply during the pandemic Hong Kong retail sales slumped during the pandemic due to a sharp drop in visitor numbers Many luxury brands expanded in mainland …
Who is Li Qiang, a ‘Xi Jinping’s guy’ set to become China’s next premier?
Previously the Communist Party chief in Shanghai, Li is poised to be confirmed as premier on Saturday during the ongoing National People’s Congress, charged with managing the world’s second largest …
Enhanced market supervision to accompany reform of registration-based IPOs: official
The reform of the registration-based initial public offering (IPO) system will go hand in hand with stricter market monitoring and supervision, and the “entrance to the stock market” will be closely …
China’s Xi tells CATL he has mixed feelings about its battery market dominance
SHANGHAI (Reuters) -Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world’s largest battery maker – remarks that come at a time when the company is rapidly…
China Jan-Feb exports, imports slump again as global demand falters
A fall in China’s exports for the January-February period pointed to continued weakness in demand for the country’s products, backing government concerns that a global slowdown will be felt at home.
China’s Xi tells CATL he has mixed feelings about its battery dominance
Chinese President Xi Jinping told CATL on Monday that he had mixed feelings about its status as the world’s largest battery maker, in rare public comments about one of the country’s most globally competitive sectors.
Prestige Brands to Lead China’s Beauty Market Growth in 2023
Last year, the top five prestige skin care brands in terms of sales growth on Tmall, Taobao and Douyin combined were Chanel, Guerlain, Sisley, La Mer and Helena Rubinstein.
China’s Exports Extend Declines, Adding Pressure to Economy
China’s exports dropped in the first two months of the year as weak global demand for goods emerges as one of the biggest challenges to the country’s fragile economic recovery this year.
China trade: exports, imports continue decline in combined January-February data
China’s exports fell by 6.8 per cent in combined figures for January and February compared with a year earlier, while imports fell by 10.2 per cent Exports had fallen by 9.9 per cent in December,…
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