Chinese ice cream brand ‘Chicecream’ is under fire as it does not melt even under a blowtorch. A viral video of expensive ice treats not seeming to melt when exposed to a lighter has been…
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China’s Nine-Year old BRI finally finds a challenger
US ’GLOBAL GATEWAY’ HAS MORE TO OFFER By Nantoo Banerjee The European Commission’s decision just ahead of last month’s G7 Leaders’ Summit in Germany to mobilise Euro 300 billion (US$340 billion) by …
I don’t want to own anything in China until October, says Safanad’s John Rutledge
John Rutledge, Safanad CIO, and Jonathan Brodsky, Cedar Street Asset Management founder, join ‘Power Lunch’ to discuss the bull and bear case for investing in China.
Brands apologize quickly to Chinese, except on Xinjiang
Amid a rising wave of nationalism, Chinese shoppers have mounted at least 78 boycotts of foreign companies since 2016, more than six times the number seen in the preceding eight years, a new study …
Pakistan’s exports to China surged 8 percent in June
BEIJING: Pakistan’s exports to China in June 2022 have increased by 8% to US$251.30 million as compared to the corresponding month of the previous year when it was recorded at US$232.74 million in Jun …
Is Warren Buffett ditching China’s electric car giant? Investors think so
But investors weren’t waiting to sell what they believed was bad news for BYD. Berkshire’s enormous holding in the company represented 20.5% of the company’s outstanding shares. China’s overall car …
Brazil set to export corn to China before end of 2022, farmer group says
Brazil may start exporting corn to China before the end of this year, Cesario Ramalho, the head of institutional affairs at corn farmer group Abramilho, said on Tuesday. SAO PAULO, July 12 (Reuters) – …
China to import more palm oil from Malaysia, Wang Yi says
China, the world’s second-largest palm oil buyer, will increase its purchases of the tropical oil from Malaysia, Bernama reported, citing Chinese Foreign Minister Wang Yi. Malaysia’s palm oil exports …
AXT, Inc. Crosses Major Milestone on Tongmei IPO
AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today announced that its subsidiary in China, Beijing Tongmei Xtal Technology Co., Ltd. (“Tongmei”), was …
Western governments confront China-Russia security threats — but US business won’t
The article notes that the business and policy men and women “have experience in China and share the view that we would be better served by having a more constructive relationship with China.” …
China Lockdowns, Inflation Fuel 15% Drop In Global PC Shipments
Covid lockdowns in China and unchecked worldwide inflation in the second quarter of 2022 fueled a 15% drop in shipments of personal computers, research firm Canalys said today. “The second quarter of …
Economic Watch: China’s consumer spending on recovery curve amid policy support
With the arrival of summer, China’s consumer spending has gradually warmed up, regaining vitality on the back of policy stimulus, a trend expected to continue as economic growth rebounds. Industrial …
China’s Auto Exports Grow 57.4 percent Year on Year
Beijing: China s auto exports sustained their growth momentum last month, hitting a record high and soaring 57.4 percent year on year, industry data …