China’s factory and services activity contracted in October as tighter Covid curbs and an ongoing slump in the property market continue to pressure the world’s second-largest economy.Most Read from …
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China’s Factory Activity Contracts On Covid Curbs
China’s factory activity shrank in October, official data showed Monday, after industries were hit by strict Covid lockdowns.
Stellantis’ joint venture in China is filing for bankruptcy
Stellantis said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy.
China Locks Down More Than 232M, Isolates Macau Hotel As ‘Zero-Covid’ Policy Continues
The Chinese economy is already struggling because of the nation’s “Zero-Covid” policy, which continues to enforce absolute shutdowns because of small Covid-19 outbreaks. Today, authorities took the …
Business expert warns of Elon Musk’s ties to China: He dug a ‘hole full of vipers and grenades and jumped in’
Burris © provided by RawStory Tesla and SpaceX founder Elon Musk (pictured December 2020) (AFP) It has only been a few days and Elon Musk’s Twitter is already going d …
Four Hands: The Biggest Furniture Brand You’ve Never Heard Of But Probably Seen
Four Hand. If you’ve ever purchased or searched for a piece of furniture from a major national retailer, you’ve probably come across the brand Four Hands w …
Alibaba: Beijing Sends A Message
Beijing would continue to interfere in the digital payments business, undermining Alibaba. Read why it’s hard to justify a long position in BABA.
Biden faces ‘unpredictable’ era with China’s empowered Xi
President Joe Biden’s administration is taking stock of a newly empowered Xi Jinping as the Chinese president begins a third, norm-breaking term as Communist Party leader.
China: Lithium batteries may soon power ‘world’s largest fleet’ of submarines
The Chinese Navy could finally use lithium technology to replace the lead-acid batteries that are now used in its fleet of conventional submarines.
This Under-the-Radar Crypto Is Up 112% in the Past Month — Here’s Why the Rally Could Have Legs
Learn More Halloween is almost here, and there’s one crypto that looks like it’s back from the dead — Huobi Token ( HT 1.12%), which is up 112% over the past month. This surge is…
Bananas, beef and gold: China’s appetite drives ‘Made in Laos’ brand, but at what cost?
In 2021, Laos earned more than US$900 million from agricultural exports, with more than 80 per cent of that total going to China Demand is gobbling up land as Laotian farms pivot to a Chinese…
Meet Ushopal: The Accelerator Bringing Niche Beauty Brands To China
Can small beauty labels stand out against giants like L’Oréal in China? Here’s how one brand accelerator is putting them on the map.
China’s Hubei Province sees foreign trade up 22.1 pct in Jan-Sept
Central China’s Hubei Province saw foreign trade grow 22.1 percent year on year in the first three quarters of 2022, according to local customs. Hubei’s import and export value totaled 469.09 billion …
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