China’s luxury goods market is poised to recover this year after Covid-related lockdowns waylaid a five-year growth run in 2022, Bain & Company said in a new report today. “Covid-related lockdowns …
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Oil rises on China outlook, supply worries after Turkey earthquake
Oil prices rose for a second straight session on Tuesday, driven by optimism about recovering demand in China and concerns over supply shortages.
What Do We Really Know About China’s Food Security?
Take corn for an example. As the largest corn importer in the world, in 2021, China had to import 28.35 million metric tons of the staple, up 152 percent from 2020, representing 9.4 percent of…
Nearly 3 of 4 Chinese shoppers willing to switch to more sustainable brands
This is more common amongst younger consumers. Around 74% of Chinese consumers are willing to switch to brands that give emphasis on sustainability and corporate responsibility, KPMG reported. In a …
Chinese home appliance brands vie for smart home market via in-house MCUs
Under the trend of smart home China’s home appliance brands are seeking diversified development. Brands like Haier, Midea, and Gree have been planning for the microcontroller unit (MCU) sector, either …
Oil rises on supply concerns, China demand outlook brightens
Oil prices rose for a second day on Tuesday on supply concerns after an earthquake shuttered a major export terminal in Turkey and a field in the North Sea shut unexpectedly, while demand in China,…
China’s Baidu to finish testing ChatGPT-style project ‘Ernie Bot’ in March
Chinese search engine giant Baidu Inc on Tuesday said it would complete internal testing of ChatGPT-style project “Ernie Bot” in March.
China’s spandex import &export both descend in 2022
According to the latest data from China customs, exports of spandex amounted to 71kt in 2022, a year-on-year decrease of 11.6% or 9,316 tons. Imports of … Pls change your password according to new …
Blocking chip sale to China will only serve US hegemony
The Japanese government will amend the relevant rules of the foreign exchange and foreign trade law to ensure Japan’s chip production equipment is not used by China to produce chips. The rules …
Wine exports plunge from $1.3b to $12m on China tariff hit
Australian wine exports to the UK slipped by 18pc as pubs and bars reopened, while the lucrative China market has all but evaporated.
Top 10 automakers in China by vehicle exports in 2022
The top ten vehicle exports in 2022 totaled 2.8 million units, with a combined market share of 90 percent, China Association of Automobile Manufacturers’ statistics showed. The SAIC Motor topped on …
Experts sound alarm over China buying US land near military bases: ‘Chilling’
China expert Michael Pillsbury and K.T. McFarland react to Lydia Hu’s report on China and their progressive purchasing of farmland close to U.S. military bases.
Experts sounds alarm over China buying US farmland close to military bases: ‘Chilling’
China expert Michael Pillsbury and K.T. McFarland react to Lydia Hu’s report on China and their progressive purchasing of farmland close to U.S. military bases.
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