November shipments of smartphones, among the most valuable of China’s export products to the US, fell to their lowest level of the year to US$2.31 billion – half the level rec …
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Crypto giant Binance offers little transparency after FTX collapse
Binances internal finances still remain opaque to investors after the collapse of Sam Bankman-Fried’s cryptocurrency trading firm FTX caused increase scrutiny.
China faces COVID conundrum
The now rapid spread of COVID is what the country’s government had been trying to avoid and why it had been resistant to lifting its COVID protocols. At the same time, Chinese officials have not…
Showdown In Hong Kong: PCAOB Declares A Win As China-Based Auditors Open Access
At least for now, the delisting clock for Chinese companies has been stopped for three years, according to Gary Gensler, Commissioner for the Securities and Exchange Commission (SEC). The waters seem …
Automakers, suppliers, China Inc. struggle as COVID cases spike
VW Group wants COVID-free workers to work longer hours at a factory in southern China, with a raft of employees out sick with the virus.
A Loyalty-Driven Singles’ Day in China Lends Lessons to Sales-Centric Shopping Holidays
Amid global uncertainties and consumers’ priorities shifting toward quality and experiences, merchants and platforms must rethink their Singles’ Day strategy. Is the ultimate success metric the number …
Six Real-life Examples of Blockchain-based Digital Transformation
Introduced in 2008 as the technology basis for bitcoin, blockchain evolved as the key to building digital economies, enabling trustless data sharing.
Chinese Semiconductor IPOs Surge as Chip Arms Race Heats Up
Chinese semiconductor companies are in the middle of a boom in IPO volumes, as a government push to develop the country’s chip industry draws large sums of capital.
‘Mark My Words’—Surprise Crisis Prediction Sends Shockwaves Through Crypto Markets As The Price Of Bitcoin And Ethereum Swing Wildly
The governor of India’s central bank has warned the highly-volatile crypto market will cause the world’s next financial …
Nike’s shares surge as analysts applaud a return to growth in China
Analysts were pleasantly surprised by Nike’s early holiday earnings results, which reported higher than expected sales and a rebound of business in China.
Global Times: Chinese ingenuity, diligence ensure ‘Made-in-China’ irreplaceable during pandemic
I didn’t dare to imagine that our company could not only navigate the prolonged pandemic but make a successful transformation to become an overseas well-known brand,” He Guohua, manager of Yiwu-based …
As China pushes its digital currency plans, the US falls behind
China’s digital yuan has been piloted in 15 provinces and tested across a multi-national financial network. Meanwhile, the US is still developing a digital currency, endangering the dollar’s place as …
India won’t benefit much from China’s export situation in 2023, says Morgan Stanley’s Chetan Ahya
While Western market watchers are looking at a slowing even recessionary 2023; the picture in Asia seems the opposite. In an interview to CNBC-TV18, Chetan Ahya, Chief Asia Economist at Morgan Stanley …
