While Chinese consumers are far and away the biggest growth opportunity for luxury brands, the nation’s economy has become the main source of risk Not only has the pandemic prevented travel, lockdowns …
Tagged By business
China’s April auto export volume hits 141,000, records y-o-y decline of 6.6%: CAAM
China’s auto export volume hit 141,000 in 2022 April, dropping by 17.2 percent compared to March, and 6.6 percent of year-on-year decline, according to auto export data published by the China …
China steps in to take additional Russian oil barrels
Seaborne crude imports from Russia in April rose 16% on year to 860,000 bpd, the highest since December last year …
China state paper slams crypto and LUNA crash; applauds crypto ban
Chinese state-backed publication Economic Daily cited LUNA and UST’s crash to state cryptocurrencies “once again, proved its own risks and that it is a bubble” amid the Federal Reserve’s rate hike.
China unemployment rate near pandemic peak
China’s jobless rate rose to 6.1% in April … Official figures also show retailers and manufacturers were hit hard. Full or partial lockdowns were imposed in dozens of cities in March and April, …
Shanghai lockdown: China unemployment rate near pandemic peak
China’s jobless rate rose to 6.1% in April … Some shops are opening, but only “offline” business will resume initially. The daily reported positive case numbers are also down to three figures now, …
China’s industrial output up 4 pct in January-April
Staff members work on an assembly line at a farm machinery manufacturing company in Jining City, east China’s Shandong Province, Feb. 15, 2022.(Xinhua/Guo Xulei) BEIJING, May 16 (Xinhua) — China’s …
China’s retail sales lowest in two years from Covid damage
China’s retail sales slumped to its lowest in two years while factory output plunged, official data showed Monday, capturing the dismal economic fallout from Beijing’s zero-Covid policy.
Chinese auto brands see sales growth in Jan.-Apr.
Chinese car brands recorded an increase in sales in the first four months of this year, industry data shows. More than 3 million Chinese-brand passenger cars were sold in the January-April period, up …
Raslag gets PSE approval for its June 6 IPO
China Bank Capital is the underwriter. The IPO will have a stabilization fund which will be managed by China Bank Securities. My quick glance at the prospectus didn’t reveal any obvious changes to the …
Chinese auto brands see sales growth
Chinese car brands recorded an increase in sales in the first four months of this year, industry data shows. More than 3 million Chinese-brand passenger cars were sold in the January-April period, up …
China economic powerhouse province posts 7.1 pct foreign trade growth
East China’s economic powerhouse province of Jiangsu saw foreign trade grow by 7.1 percent year on year in the first four months of this year, local customs said on Sunday. The province’s import and …
Shanghai restarts business and services in phases, with more than 10,000 commercial outlets in operation
Shanghai residents line up to shop at a supermarket amid the resumption of businesses. Photo: VCG. With supermarkets, shopping malls and convenience stores in Shanghai scheduled t …
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