After nearly 20 years in the export industry, Du is now anxious about the future of his business. Du runs a plant in the Jinshan District of Shanghai’s southwestern suburbs, making massage and beauty …
Tagged By business
Chinese Tech Giants Quietly Retreat From Doing Business With Russia
Chinese tech companies are quietly pulling back from doing business in Russia under pressure from U.S. sanctions and suppliers, despite calls by Beijing for companies to resist overseas coercion.
China Tells Japan Not To Promote NATO’s Asia-Pacific Expansion
Beijing told Tokyo not to go along with U.S. and U.K. plans to expand NATO’s presence in the Asia-Pacific region.
Economy Week Ahead: U.S. Inflation, China’s Exports in Focus
China’s export boom is expected to ebb in April as the country’s stringent Covid-19 control measures disrupted factory output and the domestic supply chain. Economists surveyed by The Wall Street …
Market Share of Chinese Brand Vehicles In China Reached 42.9% In Q1 2022
At the Shanghai Auto Show on April 19, 2017, Porsche’s executives frowned upon the Zotye SR9 when it was unveiled since it was essentially a duplicate of the Porsche Macan. Geely’s high-end brand Lynk …
More supply chain headaches likely on the way as China ramps back up
Two years into the pandemic, the supply chain problem is far from over — and now, a new problem is looming.Los Angeles and Long Beach ports remain clogged with cargo, even though the Port of…
Putin humiliated as China’s tech giants pull out of Russia in major blow for Kremlin
China’s exports of tech products to Russia plummeted from February to March, with laptop shipments being slashed by over 40 percent. Smartphone shipments were also cut by nearly two-thirds. And …
China greenlights IPO registration on Nasdaq-style board
China’s securities regulator has approved the initial public offering (IPO) registration of Kunshan Asia Aroma Corp., Ltd. on the country’s Nasdaq-style board. The company will be listed on the …
Nvidia fined $5.5 million for allegedly failing to disclose exact GPU sales to crypto miners
The order claims Nvidia misled investors by reporting a boost in revenue related to “gaming,” but hiding how much of the success relied on the volatile crypto market.
LIC IPO: Day 5: Open for subscription on Sunday too; Issue subscribed 1.66 times till now
RBI has recommended all bank branches designated to handle ASBA applications to be kept open to public on Sunday, May 8,2022 and bids will be accepted between 10am to 7pm.
China’s Covid curbs disrupt global supply chains, add to inflation risks
As manufacturer to the world, the disruptions in China are weighing on the global economy and add another risk to the inflation picture.
Exports to China have crossed $1.039b mark: Aisha Ghaus
Minister of State for Finance and Revenue Aisha Ghaus Pasha Saturday hailed that Pakistan and China were working closely on further deepening bilateral economic ties where Pakistan’s exports to China …
Consumption, foreign trade underpin China’s economy
Consumption has played a leading role in powering China’s economy this year, along with foreign trade which has posted double-digit growth, despite challenges at home and abroad, an official with the …
