Beijing effectively banned these and other imports in 2020, costing almost $13 billion in lost exports in the first nine months of 2021, per the Australia-China Relations Institute. But politicians …
Tagged By business
Expansion of China’s logistics activity slows in January
data from the China Federation of Logistics and Purchasing (CFLP) showed Monday. The logistics performance index, which tracks business volume, new orders, employment, inventory turnovers and …
China’s Jan services activity expands at slowest rate in five months – Caixin PMI
BEIJING, Feb 7 (Reuters) – Activity in China’s services sector in January expanded at the slowest pace in five months, as a surge in local COVID-19 cases and containment measures hit new business …
China predicts low inflation based on western monetary moves – Bloomberg
China expects monetary tightness in western countries to weaken price inflation on imports. Bloomberg economic estimates the Group of Seven central banks will cut total 2022 asset purchases to just 10 …
How China’s Communist Officials Became Venture Capitalists
a city in eastern China, pledged 5 billion yuan ($787 million) to acquire a 17% stake in Nio’s core business. The company moved key executives from Shanghai to the city, which is less than half…
China’s auto exports double in 2021
China’s automobile exports doubled year on year to nearly 2.02 million units in 2021, latest data from the China Association of Automobile Manufacturers showed. Last year the country’s total exports …
U.S. Ambassador: China Trying to ‘Distract’ from Human-Rights Abuses by Choosing Uyghur for Olympic Opening Ceremony
We will not be contributing to the fanfare of the games,” Psaki said at the time. Thomas-Greenfield said Sunday that the circumstances in China are “not business as usual” because “we know that a …
Ecuador Looking to Increase China Trade by 35%, Minister Says
Non-oil Ecuadorean exports to China between January and November last year totaled some $2.8 billion, while imports in the same period totaled $3.96 billion, according to the central bank of Ecuador.
One year on: How are fashion’s boycotted brands faring in China?
Seen as an attack on China, the fallout was swift and severe — and a year later, can still be felt to some extent. Looking at H&M, Nike, and Burberry, how much did this consumer…
How China plays by different rules — at everyone else’s expense
A single Chinese state-run firm, China Radio International (CRI), has secured a controlling … our political leaders will divest or at minimum give up some control of their business interests when …
China outlines ambitious trade goal with Russia
Bilateral commerce smashed a record high last year China wants to boost bilateral trade to 250 billion a year The goal was voiced by Chi …
US-born figure skater Zhu Yi under attack after fall on Olympic debut for China
She has become China’s unofficial face of the Winter Olympics, featuring heavily in state media coverage to promote winter sports, as well as advertisements for Chinese brands. Gu is due to make her …
IPO-bound LIC 3rd largest globally, but offers highest RoE of 82%: CRISIL
The IPO-bound national insurer Life Insurance Corporation (LIC … Market share elsewhere, the Chinese market is dominated by Ping An Insurance and China Life Insurance, with 21 per cent (GWP at USD …