According the data provided by the Royal Monetary Authority of Bhutan in July 2022, foreign exchange reserves in the country shrunk to $970 million at the end of December 2021 from $1.46 billion in …
Tagged By business
US, China reach deal in dispute over Chinese company audits
The U.S. and China have reached a preliminary agreement to allow U.S. regulators to inspect the audits of China-based companies whose stocks are traded on U.S. exchanges.
China drops some Covid-19 reporting rules for cross-border travellers at customs
Chinese customs said on Thursday (Aug 25) it no longer required cross-border travellers to report certain Covid-19 related information, such as tests and previous infections, when clearing …
A Playbook For China’s $10 Billion Men’s Beauty Market
As China’s men’s beauty market exceeds the $10 billion mark, here is a must-read playbook on how to take advantage of this lucrative opportunity.
Meet The Top 100 Chinese Brands In 2022
Tencent retained its first spot on the ranking of Kantar BrandZ’s Top 100 Chinese Brands 2022 while Li-Ning and Xiaohongshu saw prominent growth in brand value.
A Chinese stock is skyrocketing 3,100% in its debut on US markets, following a trend of little-known stocks from China that soar in an IPO
The provider of digital education materials in China priced its IPO at $5 per share late Thursday, then shot up above $160 on Friday.
China and U.S agree deal on audit dispute
Washington and Beijing have reached an agreement allowing U.S. auditors to inspect China-based accountants, the first step in a process that could prevent around 200 Chinese companies being kicked off …
China’s New Economic Stimulus Plan
As U.S. Fed Chair Jerome Powell prepares to discuss monetary policy to try and tame inflation that could slow the U.S. economy, Chinese officials outlined new stimulus measures to give the world’s …
China and U.S sign agreement on audit dispute
Beijing has asked some U.S.-listed Chinese companies and their audit firms to prepare for American inspections in Hong Kong, three sources familiar with the matter told Reuters, as part of efforts to …
Russia pushing for more farm exports to China as Western sanctions bite, says diplomatic source
While energy remains the backbone of China-Russia trade, Moscow wants to boost exports of farm goods, a Russian diplomatic source says In the meantime, China’s stringent coronavirus border controls …
Factory power cuts extended in China’s Chongqing, impacting tech manufacturing
Power cuts to factories in Chongqing have been extended until further notice, as China’s grid struggles amid a record heatwave. Electronic manufacturers in the municipality are impacted by the …
Xinhua Commentary: Self-serving Washington and its “decoupling from China” fallacies
Apparently, Washington is seeking to tailor-make its own “global” semiconductor supply chains and kick China out of the game. And it is trying to justify its push for supply-chain reshoring by …
PV Price Watch: Polysilicon price rises for the 28th time this year as China calls for deeper industrial management
Local manufacturers for industrial silicon … meant that it was urgent to deepen the industrial management of China’s PV industry and develop strategic alliances between supply firms. Local …
