China’s trade in services valued at around 3.94 trillion yuan ($550 billion) during the first eight months of the year, surging 20.4 percent year-on-year, according to the Ministry of Commerce on …
Tagged By business
Uniqlo owner set for record annual profit, but all eyes on China showing
Japan’s Fast Retailing Co , owner of clothing brand Uniqlo, is expected to post a record annual profit on Thursday as the yen’s slump has boosted the value of its overseas sales even as soaring…
‘India’s gold demand may cross China’s’
In an exclusive interview with Rajesh Bhayani/Business Standard, Reade said the price of gold … Looking at other regions, China’s gold demand has weakened due to Covid-related restrictions and may …
Oil Sinks Further on China COVID Jitters, IMF Warning
Investing.com– Oil prices fell further on Wednesday, extending steep losses from the prior sessions amid growing concerns that a new COVID outbreak in China and a worsening … a flurry of lockdowns …
China new car sales surge on strong demand for EVs
Car buyers in China are boosting the economy with strong demand for electric vehicles. New vehicle sales in the country continued to surge through September.
America’s ‘once unthinkable’ chip export restrictions will hobble China’s semiconductor ambitions
America’s introduced sweeping rules aimed at cutting China off from key chips and components for supercomputers. That could hurt China’s semiconductor industry.
John Deere to spend $29.8 million to shift cotton harvester manufacturing from China to Thibodaux, create 70 jobs
John Deere said it will spend $29.8 million to expand its Thibodaux plant, a move that will create 70 jobs and allow the company to shift cotton harvester manufacturing from China to the U.S. The…
Crypto Investor Newsletter: Disney, Australia, and China’s Digital Yuan
In this newsletter, stay tuned for a round-up of this week’s crypto developments, including a look at what’s happening with central bank digital currencies (CBDCs) around the world and the metaverse.
China food distributor Fortune Valley files for proposed $25M offering, uplisting
China-focused food distributor Fortune Valley … The company first filed to uplist its shares in December 2021. For more IPO news, check out SA’s IPO News page.
Sales at the world’s largest luxury brand jump on strong demand
LVMH, home to fashion brands such as Louis Vuitton and Dior, got an added boost from improved business in China as COVID-19 curbs eased.
Exclusive-KLA to stop sales and service to China to comply with US export curbs – source
U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations, a …
Justin Sun ‘Optimistic’ About Crypto’s Return to China, Addresses Huobi Acquisition
Tron founder Justin Sun joined “First Mover,” to discuss his role on Huobi’s advisory board and why he’s hopeful the crypto exchange will make its way back to mainland China.
U.S. Retailers Looking Past China for Suppliers See Costs Jump 30%
“We have to look at China not as the factory of the world like it used to be,” said Jean Madar, chairman and CEO of Inter Parfums Inc., which manufactures and distributes fragrances for brands…
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