Beijing has told Chinese state refiners to consider suspending exports of gasoline and diesel in April as the Ukraine war heightens concern of shortages, three sources with knowledge of the matter …
Tagged By business
China defies US move to ban oil imports from Russia
China on Wednesday defied the US move to ban imports of oil and other energy products from Russia, reiterating its opposition to “unilateral sanctions.” “China and Russia have always maintained sound …
China condemns US ban on Russian energy imports
China has condemned the US ban on energy imports from Russia as an additional sanction for Moscow’s invasion of Ukraine.
China Growth Faces Dual Shocks from Oil Spike and Virus Spread
China is on course to miss its economic growth target by 1 percentage point this year, Goldman Sachs Group Inc. said.
China’s Two Sessions 2022: More 5G, rural e-commerce, semiconductors, and other tech priorities
Tech priorities revealed in China’s 2022 Two Sessions: expand 5G infrastructure, set up a national system of data centers, and more.
China’s chip-making ambitions face setbacks
Trade restrictions, sanctions, and other challenges are putting a dampener on China’s ambition to become a chip manufacturing hot spot. Research firm IC Insights is projecting the Chinese …
China Tower (788.HK) Fully Implemented “One Core and Two Wings” Strategy, Maintained Steady and Continuous Growth in Overall Performance
Our revenue maintained a healthy growth and increased steadily in 2021 and our profitability continued to improve. In 2021, we recorded operating revenue of RMB86,585 million, wit …
Impact of Russia-Ukraine Conflict on FIEs in China
The impact of the Russia-Ukraine conflict is limited for foreign invested companies in China, but there are various unintended consequences setting up a new normal.
Federal Reserve works with China’s blockchain ally for instant payments
The Federal Reserve has released a showcase for its real-time payment project FedNow, featuring service providers like China’s blockchain partner Cypherium.
Luxury Brands: Don’t Forget About China’s Cultural Consumer
The rapidly evolving nature and global outlook of Chinese Cultural Consumers makes them difficult for luxury brands to identify and influence.
Adidas replaces China unit’s CEO to revive sales
Adidas announced this week it has appointed a new chief executive for its business unit in China. It was reported that the change has been decided in an effort to bring back sales that it…
China Lithium Tech to File for $1.5 Billion Hong Kong IPO, Sources Say
China Aviation Lithium Battery Technology Co. plans to file for a Hong Kong initial public offering as early as this week, according to people familiar with the matter.
Tims China Announces Additional Financing and Investor-Friendly Changes to Merger Agreement
Additional financings of up to $194.5 million from institutional investors to fully fund Tims China’s 5-year business plan. Adjustments to the Merger Agreement, including lower en …
