Among the many casualties of a tech sector clampdown is entrepreneurship, which had been a key source of China’s economic vitality In an environment where executives are ashamed of their strengths, …
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Oil Ends Down 7% on China; Falls More as Russia Said to Drop ‘Denazification’
Crude prices tumbled on Monday on China’s unexpected lockdown of its Shanghai financial hub over a Covid scare and extended losses in post-settlement after the Financial Times reported that Russia was …
Why Russia and China’s move to shift world away from the US dollar is doomed to fail
Attempts to de-dollarise global trade so Russia can keep selling commodities are running into difficulties while the rouble continues to depreciate The US dollar’s role as a freely exchangeable …
China’s private firms see Russia as land of opportunity, up for grabs amid West’s exodus
But experts say China’s state-owned enterprises are likely to remain cautious, worried about the potential diplomatic fallout of running afoul of Western sanctions on Russia Smaller businesses may be …
China import bleached kraft pulp price increases 19% in February
China’s imports of bleached kraft pulp dipped 2.3% year-on-year to 1,692.3 thousand tons. According to Lesprom Analytics, the value of imports soared 16.0% to $1,069.0 million. Average price of …
Indian Government Recovers $12.6M in Unpaid Taxes from Crypto Exchanges
India’s government goes after crypto exchanges for tax evasion, after passing a flat 30% tax rate for individuals.
BlackRock Crypto: Everything You Need to Know
However just the fact that BlackRock wants to get into crypto has huge implications … This makes BlackRock bigger than the GDP of every single country except the U.S. and China. Due to its sheer…
Congress tries to shut off China’s corporate money spigot
Businesses cozying up to China will ultimately help China’s goal to push aside the United States to dominate the world.
Geopolitical tensions cause global IPO market to slump in Q1: EY
Global IPO issue volumes fell by 51 percent to 54 billion U.S. dollars, ending the positive trend of the previous quarters and the momentum from the record IPO year 2021, EY said. In January, the…
U.S. Commerce Department says it will investigate solar imports from four Asian countries
March 28 (Reuters) – U.S. trade officials will investigate whether imports of solar energy equipment from four Southeast Asian nations are circumventing tariffs on goods made in China, the Commerce …
Elon Musk mum on Tesla’s China COVID closure after calling US curbs ‘fascist’
When California shut down a Tesla factory during the outbreak of the coronavirus in spring 2020, Elon Musk griped that state health authorities were being “fascist.” …
The Top NFT Collaborations Taking China’s Fashion Industry by Storm
With metaversal collaborations making waves, Jing Daily looks at this month’s top NFT collaborations launching in China’s digital realms.
China Insight: The Chinese Apparel Industry’s Second Growth Curve
The financial results disclosed recently by some leading Chinese firms could provide some hints as to how the apparel sector needs to innovate to grow.