Swiss exports of gold to mainland China surged in January to their highest since December 2016, but shipments of bullion to India fell, Swiss customs data showed on Thursday.
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GLOBALink | China’s local governments double down on innovation to drive growth
Various parts of China continue to recover steadily from the impact of the COVID-19 epidemic, with local governments keen to further develop future industries. Hubei Province was once hit hard by …
China’s CDC proposes a blockchain and 5G-based solution to global vaccine tracking
In light of the number of COVID cases, mandatory vaccination passports for international travel may be imposed, as economies look to recover.
Billionaire investor Charlie Munger compares crypto to a venereal disease — and says the US should ban it
Warren Buffett’s business partner said some people welcome crypto’s usefulness in committing crimes like extortion, kidnapping, and tax evasion.
Electronic brands continue to grow despite anti-China sentiment
Despite the government’s boycott China initiative, computer maker Lenovo generated more sales in India year-on-year in 2020-21 while smartphone makers Xiaomi and Vivo reported slight dip in sales.
Deloitte China acquires Carbon Care Asia advisory business
Deloitte China has agreed to acquire most of the advisory business of Carbon Care Asia (CCA), a sustainability consultancy based in Hong Kong. The accounting major says the deal will boost its …
Cnooc Adds $13 Billion Oil, Gas Deals as China Frets on Supply
China is the world’s largest energy user and President Xi Jinping has set long-term goals to curb reliance on pricey imports even as the nation’s demand for oil and liquefied natural gas continues to …
Charlie Munger Supports ‘Crypto Ban’ by Chinese After Business Partner Warren Buffet Invests $1 Billion in Crypto-Friendly Bank
A day after reports of famous investor Warren Buffett investing $1 billion in crypto-friendly bank surfaced on the internet, billionaire Charlie Munger comes out in support of banning cryptocurrencies …
Exports surged in 2020, 2021, but this year will present challenges
China’s export value of high-tech products has increased from $165.4 billion in 2004 to $776.2 billion in 2020, a compound annual growth rate of 10 percent over the period. Foreign enterprises take up …
China Soy Buyers Walk Away From Brazilian Cargoes as Prices Soar
Some Chinese soybean processors are walking away from contracts to buy shipments from Brazil because a sudden jump in export prices from the Asian country’s biggest supplier has made crushing …
U.S. says China not keeping word
The United States has accused China of failing to meet its commitments to the World Trade Organization and says it is exploring new ways to combat aggressive Chinese trade practices.
China exports 20,000 upper-air weather balloons to Africa
A total of 20000 weather balloons produced by a Chinese company have been distributed to 16 African countries for upper-air meteo …
China Medical Robot Maker Hurwa Weighing Hong Kong IPO, Sources Say
Hurwa, a Chinese developer of medical robots used in surgeries, is considering an initial public offering in Hong Kong that could raise about $200 million, people with knowledge of the matter said.
