The failure of once-hyped stablecoin luna has been described as “one of the greatest catastrophes crypto has ever seen”, sparking serious questions over the functioning of the entire crypto market.
Tagged By business
Jiangyin, an icon of China’s manufacturing prowess, buckles under lockdown in latest challenge to zero-Covid policy
The 1.7 million residents of the county-level city have been under tight travel restrictions, disrupting business in the tightly integrated region.
China’s state-owned shipping giant expanding global influence
China’s state-owned COSCO Shipping Corporation Ltd, the fourth-biggest player in the shipping industry, according to London-based data analytics company GlobalData, is increasingly expanding its …
Japan, China talks over food import ban not held for over 1 year
Talks between Japan and China over Beijing’s import ban on Japanese food products have not been held for over a year, sources familiar with bilateral relations told Kyodo News recently. As China has …
From sneakers to Teslas, China lockdowns upend global supply chains
Supply-chain chaos is expected to worsen as the impact on companies and consumers starts to ripple across the globe.
President Biden needs a China trade policy
After almost a year and a half in office, President Biden needs to finalize a China trade policy. This has become an increasingly urgent issue with the intensifying debate about h …
China’s extraordinary export boom comes to an end
As part of China’s Belt and Road Initiative, freight trains now serve more than 50 cities in Europe and Asia from Shandong. They are called “Qilu” trains, a nod to the ancient Qi and Lu…
Epic Sourcing Provides Tailor-made Sourcing Solutions for Small Businesses Importing Goods from Asia
Epic Sourcing, the leading China sourcing agent, provides custom sourcing solutions for small businesses looking to import goods from Asia. They guide businesses through the manufacturing and import …
The dollar’s dominance is here to stay as China’s zero-COVID strategy hurts the yuan, a Morgan Stanley strategist says
The dollar seems like “the cleanest dirty shirt” as the world economy deals with slowing growth and high inflation, according to Morgan Stanley.
China chipmaker, iPhone supplier dim outlooks
China’s biggest chipmaker and a major iPhone supplier cut their outlooks for the second quarter, joining a growing list of manufacturers warning about the fallout from lockdowns aimed at containing …
How China copes with challenges facing clothing industry exports How China copes with challenges facing clothing industry exports
Guangdong Province in south China is one of the country’s biggest clothing manufacturers … The central and local governments and business associations have come up with a slew of policies and …
From Sony Playstations, Toyotas to Teslas, China Lockdowns Upend Global Supply Chains
Automakers from Toyota to Tesla are facing “unprecedented” costs and production hurdles. Sony is struggling to make enough PlayStations.
Trade, Investment with China poses national security threat: US-China Commission
“Beijing has used the promise of economic assistance, development aid, and investment to help secure its strategic interests in these countries. China’s economic diplomacy, however, carries …
