Any longer-term collapse of China as a growth market could undermine Adidas sales and profit targets up to 2025, the sports goods company told Handelsblatt business daily on Tuesday.
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With China’s help, Airbus in July flew past Boeing in jet orders
Tallying all the orders for July, Airbus blew away Boeing on sales — thanks largely to a huge order from China that was finalized unusually swiftly.
China sweeps up 12,000 crypto-related social media accounts in fresh clean-up campaign targeting banned digital assets
The Cyberspace Administration of China ordered the account removals after finding they were promoting cryptocurrencies ‘in the name of financial innovation’ The regulator has been targeting the ‘chaos …
Today’s Realities of doing Business with China
Senior National Security Columnist Walter Pincus highlights recent testimony on China’s business practices before a Senate subcommittee …
Economic implications of escalating US-China tensions: Hedge fund billionaire Ray Dalio explains
With the clash of the two superpowers, the economic implications of this friction could be much worse than the Russia-Ukraine war, according to billionaire investor Ray Dalio.
Even After Bitcoin Ban, China Still Accounts for 20% of Hash Rate
In May 2021, China banned Bitcoin mining across the entire country. A massive exodus of Bitcoin miners occurred shortly thereafter. They fled to neighboring countries such as Kazakhstan and as far as …
Beijing blitz of crypto promotions and marketing underway
Beijing has repeatedly declared that using and mining virtual currencies are illegal in the Middle Kingdom, making related activity suspect from the get-go. But that hasn’t stopped some from trying to …
China’s Dcenti Soars on USD296 Million Plan to Enter Lithium Battery Recycling Business
Shares of Dcenti Auto Parts Stock soared by the daily limit after the Chinese tires and wheels supplier said it plans to expand into battery raw materials by spending CNY2 billion (USD296 million) on …
Pelosi Trip Hinders Biden Effort to Galvanize Asia Against China
House Speaker Nancy Pelosi’s swing through Asia aimed to convey the US’s “strong and unshakable” support for the region. It ended up leaving many countries in stunned silence as China conducted …
Biden to sign $280B CHIPS act in bid to boost US over China
President Joe Biden is preparing to sign a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China.
U.S. accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept
The United States on Tuesday accused Far East Cable, China’s largest wire and cable manufacturer, of violating U.S. export controls related to shipments to Iran, the Commerce …
U.S. Solar Shipments Are Hit by Import Ban on China’s Xinjiang Region
The U.S. solar industry is confronting fresh disruptions as U.S. officials crack down on human-rights abuses in a region of China that produces almost half the world’s supply of a crucial component in …
U.S.-China Trade Shows Nominal Improvement In June 2022
Most of the improvement in recent months has been paced by double digit year-over-year growth in the value of good imported into the U.S. from China.
