A global focus of China’s struggling economy has been its real estate industry. New data on Friday underscores problems in another sector that employs millions: tourism. Domestic tourist trips in …
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COVID And The Russian-Ukraine War Could End China’s Manufacturing Dominance
China’s prolonged Covid lockdowns and close ties to Russia during the Russian-Ukraine war could end its global manufacturing dominance. For years, China played an essential role in the global division …
China’s Anhui sees foreign trade up 13.7 pct in H1
East China’s Anhui Province recorded robust foreign trade growth in the first half of 2022, said local customs. The province’s total import and export value hit 367.58 billion yuan (about 54.4 billion …
Blair calls on the West to stand up to China
On China, Sir Tony said that it had already caught up with the … Developing countries prefer Western business. They’re much more sceptical now of Chinese contracting than a decade ago. They admire …
Bitcoin mining will continue to flourish in the US, says Riot Blockchain’s CEO
Riot Blockchain’s CEO believes that Bitcoin mining will continue to flourish in the US despite the current crypto winter.
China issues phosphate quotas to rein in fertiliser exports: analysts
China is rolling out a quota system to limit exports of phosphates, a key fertiliser ingredient, in the second half of this year, analysts said, citing information from the country’s major phosphate …
China’s view of NFTs different from rest of the world’s
In China, ‘digital collectibles’ are required to respect certain rules, such as copyright and a ban on resales.
How China takes a different approach to NFTs
In China, NFTs have properties far removed from what we know in the West. In order to avoid the speculative excesses of cryptocurrencies, these …
Ping An Co-CEO Jessica Tan: Diversity key to changing evolving Ping An’s business models to serve 200 million+ in China
Adopting new technologies and their associated cultures has been key to transforming Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318), said …
China economy shrinks on zero-Covid policy
Macau shuts down casinos following Covid outbreak On a year-on-year basis, the world’s second-largest economy expanded by 0.4% in the April-June quarter, missing expectations of 1% growth. “Second …
China’s carbon emission trading market to celebrate 1 year anniversary
[Photo/VCG] China’s carbon emission trading market will celebrate its one year anniversary on July 16 of this year, the 21st Century Business Herald’s app specializing in finance and economics …
Fact check: Chinese facilities have been eligible to process and export US chicken for years
A post online claimed the USDA is preparing to send U.S. chicken to China for processing, but Chinese facilities have been able to do so since 2013.
China’s Covid Lockdown Is Taking a Big Toll on Luxury Brands’ Bottom Lines
The country is pursuing a “Covid Zero” approach, which is currently the biggest challenge facing the luxury industry, according to Bloomberg. Lockdowns, testing requirements and a steep drop-off in …
