China’s top livestreaming sales influencer Li Jiaqi reappeared on screens on Tuesday, ending an over three-month-long absence that began after he was cut off abruptly, mid-show, on the eve of the …
Tagged By business
Tesla weighs reset for China retail strategy even as sales boom
Tesla is reportedly reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms.
Saving the planet could be blockchain’s killer app
Blockchain plays an increasingly important role in carbon trading and the verification and tracing of sustainable energy. But a 99% collapse in the KlimaDAO token price and questions over the …
China’s crude oil imports from Russia, Saudi Arabia rise, but zero-Covid chokes overall demand
China’s demand for imported fuel has been subdued as the economy slows and Beijing clings to its zero-Covid policy But imports of Russian oil have remained strong, climbing 27.8 per cent in August …
China Preps To Launch Its First Big Passenger Jet. It’s No Threat To Boeing Or Airbus – Yet.
China needed foreign suppliers to build the C919, but they were reluctant to provide state-of-the-art components due to fears of IP theft. The result – a plane with underwhelming performance.
Views of different nations on Cryptocurrency and Blockchain
One of these nations is China which recently announced it would not ban cryptocurrencies but remains heavily cautious toward cryptocurrency-related technology. China sets an example against potential …
Niche Fragrances Are Booming In China, And Global Brands Are Taking Note
Even as questions arise about the strength of Chinese consumer demand, the country’s personal fragrance market could remain a bright spot.
Xaar’s 1H Pretax Loss Narrowed as Margins Rose; China Business Hurt by Covid-19
By Anthony O. Goriainoff Xaar PLC said Tuesday that first-half pretax loss narrowed as strong revenue growth led to a 40% rise in overall gross margins, …
Nation’s secondhand automobile export business steps up a gear
When China officially launched its secondhand vehicle export business in 2019, dealers had to send a huge number of e-mails and set up attractive websites to entice overseas buyers. But with the …
China EV maker seeks $1bn in Hong Kong’s biggest IPO of 2022
Electric vehicle maker Zhejiang Leapmotor Technology is seeking to raise as much as $1bn in what would be Hong Kong’s largest initial public offering this year, in the latest test of investor appetite …
China’s Aug Coal Imports From Russia, Indonesia Soar as Heatwave Spurs Power Use
China’s coal imports from Russia rose in August, exceeding last month’s level and hitting the highest in at least five years, as power utilities in the world’s biggest coal consumer sought overseas …
Crypto gets top billing at SkyBridge SALT event amid market “winter”
We’re in a crypto “winter,” but you wouldn’t know it by attending the annual SALT conference in New York City this week, sponsored by hedge fund SkyBridge. Driving the news: A week ago, the Anthony…
China’s Pinduoduo to Invest USD1.4 Billion to Help Chinese Manufacturers Go Global
Leading Chinese group-buying platform Pinduoduo plans to invest CNY10 billion (USD1.4 billion) to support Chinese manufacturers in their efforts to expand overseas. Pinduoduo will provide companies …
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