China’s Economy Craters As Severe Lockdowns Continue Max Keating on July 15, 2022 China’s economy grew by just 0.4% year-over-year for the second quarter …
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Domestic slump, US ban add to China’s textile industry’s woes
Domestic slump combined with the decline in exports as well as the US ban has put China once booming textile industry in trouble …
Dior in controversy again in China over suspicion to copycat traditional Chinese design in Fall 2022 Collection
French fashion brand Dior encountered controversy again on Chinese social media platforms as some Hanfu lovers accused the brand of copycatting the design of traditional Chinese horse face skirt in …
Chinese retailer Shein reportedly moves back date for possible US IPO to 2024
Chinese fast-fashion retailer Shein has reportedly moved back the date for a possbile US initial public offering to 2024 from later this year …
China’s Tencent shuts down NFT platform citing unfavorable policies
… parliament’s treasury committee launches inquiry into crypto-assets Non-fungible tokens have became popular among crypto lovers in China, leading to tech giants such as Alibaba and Tencent showing …
China’s Top Livestreaming Apps To Know
The growing popularity of livestreaming apps in China points to social e-commerce as the new e-commerce. Here’s why the KOL-to-sales interest model works.
China’s Shuddering Economic Engine
“While the U.S. and its allies failed at deterrence with Russia, it’s important to prevent China early enough from systematically helping Russia.” Crypto companies offering loans and high interest on …
Ether’s 12% Jump, Celsius’ $1.2B Balance Sheet Hole, Reaction to US Inflation Data and China Q2 GDP
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
Burberry held back by China lockdowns and U.S. weakness
LONDON (Reuters) -Luxury brand Burberry was hurt by lockdowns in its biggest market China and an abrupt reversal in fortunes in the Americas, limiting its first-quarter sales rise to 1%. The British …
China Close to Forming State-Owned Group to Control Iron-Ore Imports
Chinalco boss to lead the company as part of Beijing’s plan to secure resources for China’s growth.
China’s Second-Quarter GDP Growth Plunges To Less Than 1% On Covid Hit
In a Friday research note, the analysts said headwinds remained strong. A global economic slowdown could hit China’s export sector, and zero-Covid policy will largely be in place for the rest of the …
On U.S.-China Trade War, Biden Should Declare Victory, End Tariffs
President Biden should declare victory and enlist China in bigger, more difficult issues— though don’t expect him to ask the man who started the trade war he has continued, former President Donald …
After crypto winter, regulators prepare for action
At opposite ends, China has banned all crypto activities and appears unlikely to reverse that course, while El Salvador last year made bitcoin legal tender. “Policymakers face the difficult task of …
