Nickel rose to an intraday record in Shanghai after another spike in London put imports out of reach for many Chinese buyers.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, …
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Innovative, healthy and cheap: Tea drink brands adapt to new reality
China’s two most prominent tea drink chain stores Heytea and Nayuki seem to be moving away from their previous premium brand images following recent price drops. Heytea and Nayuki …
Australian defence minister says China base in Solomons would be concerning
Australia’s defence minister said on Friday any move to establish a Chinese military base in neighbouring Solomon Islands would be concerning, after a draft security document between Beijing and …
China’s outreach to India: Wang Yi must be told no business as usual till Ladakh standoff is over
India must insist that the Chinese Foreign Minister visit ends the current standoff and leads to normalisation of relations. India is now on a firm footing and must not back down …
Pro-Crypto Republican’s Push for Bill Gets Backing of a Democrat
A push by Republican Senator Cynthia Lummis, one of the crypto industry’s staunchest supporters in Congress, to write a new law for digital assets is getting the support of at least one Democrat.Most …
Coinbase Teams Up With Alviere for Lineup of Crypto Offerings
Financial-technology startup Alviere is tapping Coinbase Global Inc. to add a lineup of crypto products to its platform.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves …
Intel CEO Defends Apology to China while Advocating Chip Subsidies
His comments call attention to his efforts to justify Intel’s continued business in China and the unsavory moral compromises necessary to maintain it.
China’s coronavirus travel ban drives boom in luxury e-commerce, duty-free shopping
Though overall consumption remains soft in China, sales of foreign brands are strong on cross-border e-commerce platforms and in the duty-free shopping hub of Hainan as more Chinese spend locally.
Experts See China Stuck in a Slowly Evolving Covid-Zero Loop
After conquering Covid-19 for almost two years with a zero-tolerance approach, China is now in the midst of its worst wave since the initial outbreak in Wuhan. Having breached what’s arguably the …
Eli Lilly Cancer Drug Developed in China Gets FDA Rejection
The FDA sent Eli Lilly back to the drawing board Thursday, but it might not be worth the hassle. Regulators rejected a lung cancer drug …
U.S. trade office excludes some China auto parts from tariffs after review
The list of reinstated product exclusions covers several auto parts such as switches designed for use in vehicles, rearview mirrors, cooling pumps for internal combustion engines and position or speed …
Chinese companies to stop business with Russia, despite China pressure
Chinese companies DiDiChuxing and Hong Kong-based Lenovo have announced that they will cease their businesses in Russia although the Chinese authorities are pre …
5 Ways Luxury Brands Can Win China’s ‘Common Prosperity’ Push
China’s “common prosperity” push has forced luxury brands to adapt to a “new normal.” Here are five ways they can adapt to this new environment.
