When China’s lockdowns ease, Cox expects the delayed cargoes … But in the first quarter, Maersk took a $718 million hit due to the wind down of its Russia business after the invasion of Ukraine.
Tagged By business
Q&A: How China Is Exporting Tech-Based Authoritarianism Across the World
So we’ve got to do something about it. Q: You’ve been particularly vocal about techno-authoritarianism in China — to the extent that you can no longer visit or do business there after officials …
Estée Lauder: Temporary China Disruption Since Q3 FY22 Presents Bargain
Ad management described its North American business as “accelerating” on the Q3 call. Weak sales in China appears to be supply-driven, and the demand for Beauty products remains robust.
Moncler sales surge 60% in first quarter on double-digit China growth
To receive the Vogue Business newsletter, sign up here … with double-digit growth in China despite the lockdowns in some cities, including Shanghai and Shenzhen. Lockdowns in China continued in …
China Eastern: Q1 Earnings Snapshot
SHANGHAI, China (AP) _ China Eastern Airlines Corp. (CEA) on Tuesday reported a loss of $1.22 billion in its first quarter. On a per-share basis, the Shanghai, China-based company said it had a loss …
Across China: “Maritime highway” facilitates China-ROK trade
Korean trailers, after being pulled into port supervision work sites by Chinese tractors, have since last year been able to travel across China without changing tractors after customs clearance, …
Tupperware sales fall 16% amid COVID in China and Russian invasion of Ukraine
“Sales were negatively impacted by the Russia/Ukraine conflict, as well as strict COVID-related lockdowns in China and internal challenges in … illuminated elements within our core direct selling …
China’s Ongoing Persecution of Christians and the Case of Pastor Wang Yi
Yet few outside China know his name. Wang’s church released his statement … He was convicted for “illegal business operations” and “inciting subversion” against the state. Wang’s wife, Jiang Rong, …
Here’s how China’s tech giants are banking on NFTs frenzy despite crypto ban
Non-fungible tokens (NFTs) were the subject of a warning from a collection of Chinese industry associations in the middle of April, cautioning of the possible financial hazards associated with them.
Hong Kong police consider importing pistols from mainland China to replace American revolvers
Hong Kong police could be set to retire their standard-issue revolvers in favour of importing pistols from mainland China, the Post has learned. A source said the force had recently received dozens of …
China using familiar seafood-focused trade strategy to punish UK
China enhanced its testing procedures for cadmium content in … The maximum time any shellfish should be in a truck is 72 hours but Brexit has added 24 hours to that,” he said. Export costs…
Tough export conditions overshadow modest gains in premium price segments
In the 12 months ended March 2022, exports to mainland China fell by 97 per cent in value to $24 million and by 93 per cent in volume to 5.6 million litres. Exports excluding mainland…
Chinese exports: A major growth slowdown is expected
Exports to other Asian countries (47% of China’s total exports) were the first to be hit by China’s logistics problems and slowed markedly in March. On the demand side, the outlook has been worsening …
ADVERTISEMENT
