China’s ambitious bid to be the hegemon and Hercules of the universe is going to be a pipe dream for now with a US ban on import of Chinese products made with forced labour in…
Tagged By business
Comfort’s Back In China IPO Market: De Rucci Healthy Sleep Mints Two Furniture Billionaires
Stronger bidding helped to paved the way this month for a successful China IPO that minted two new billionaires. De Rucci Healthy Sleep, a supplier of bedroom furniture, went publ …
What’s changed – or stayed the same – since Hong Kong returned to China
Hong Kong returned to China in 1997 after 156 years of British colonial rule. China promised the city wide-ranging freedoms denied to those in mainland China for 50 years, although some say China has …
China Manganese Ore Imports Fell in May as Sharp Price Rise Suppressed Buying Interest
According to the latest release of China imported 2.24 million mt of manganese ore in May 2022, a month-on-month decrease of 16% and year-on-year decrease of 21%. Imports amounted to 11.74 million mt …
Uyghur Forced Labor Prevention Act Enforcement Starts on Imports from China and on Imports with China Origin Inputs
As of June 21, 2022, importers of goods from China and other countries that contain China origin inputs of components or raw materials are subject to the enforcement provisions of the Uyghur Forced La …
China’s economy didn’t bounce back in the second quarter, China Beige Book survey finds
“While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected,” according to a report released Tuesday.
US Accuses 5 Firms in China of Supporting Russia’s Military
Commerce Department also added additional 31 entities to blacklist from countries including Russia, UAE, Lithuania, Pakistan, Singapore, United Kingdom, Uzbekistan and Vietnam, according to Federal Re …
Wynn Tops BofA List of US Stocks with China Exposure
The risk of a war between China and Taiwan threatens U.S. stocks much more than the war in Ukraine, BofA said.
Huobi Global Could Cut Over 30% Workforce as China Crackdown Leads to Fall in Revenue
Cryptocurrency exchange Huobi Global could cut over 30% of its workforce after the removal of Chinese users lead to a sharp drop in revenue, according to China-based crypto journalist Colin Wu. Huobi …
China Tourism, Airline Stocks Climb On Shorter Quarantines For Int’l Arrivals; Trip.com Soars 14%
quarantines for international arrivals in China will help business at the country’s largest online travel site. Photographer: Qilai Shen/Bloomberg Shares in China’s tourism and travel businesses …
Huobi Global Could Cut Over 30% of Workforce as China Crackdown Leads to Fall in Revenue
Cryptocurrency exchange Huobi Global could cut over 30% of its workforce after the removal of Chinese users created a sharp drop in revenue, according to China-based crypto journalist Colin Wu. Huobi …
G7 takes aim at China over ‘market-distorting’ practices
G7 leaders on Tuesday condemned China’s “non-transparent and market-distorting” international trade practices in an end-of-summit statement billed as “unprecedented” by the United States.
Stocks rise on Wall Street as China eases quarantine rules
Stocks rose broadly in morning trading on Wall Street Tuesday and gave major indexes a solid push higher following a wobbly start to the week.
