China continued to see a deficit in international service trade in the first two months of 2022, data from the State Administration of Foreign Exchange showed Thursday. Service trade exports stood at …
Tagged By business
Crypto vs gold: the search for an investment bolt hole
The market in the yellow metal may be a bubble, but at least it’s a 6,000-year-old one. Meanwhile, bitcoin looks like a short-term fad …
LVMH Jewelry Brand FRED Is Carving a Niche For Itself In the World Of Fine Jewelry
Charles Leung, the CEO of FRED Paris, talks about the brand’s history, what it’s doing to cater to the taste of young consumers in China for contemporary pieces of jewelry and more …
China’s factory activity slumps at fastest pace in two years
China’s factories saw activity slump at the fastest pace in two years in March amid the economic fallout of the Ukraine war and new COVID-19 outbreaks and lockdowns, while manufacturing in other major …
China’s NFTs face long digital purgatory
Xtep International on March 22 released its first digital collection of running shoes, called the “160X-Metaverse”, in what it said was the first of its kind for a Chinese sportswear brand. The …
Experts doubt implementation of latest trade deal with China
Beijing has agreed to provide duty-free treatment to Nepali goods, but the northern neighbour has been barring exports from Nepal for years.
Thailand expects to expand exports to China: Deputy PM
Thailand’s Deputy Prime Minister and Commerce Minister Jurin Laksanavisit said his country hoped to further expand exports to China building on solid bilateral trade cooperation. “If we look back at …
China’s manufacturers enter downturn – but for how long? Kemp
Manufacturers are being hit by more challenges soon after recovering from the coal crisis that forced electricity rationing last autumn. China is the world’s largest or second-largest consumer and …
CNOOC Ltd profit soars to record high, Shanghai IPO endorsed
Chinese offshore operator CNOOC Ltd managed to boost its net profit to a record high in 2021, having made breakthroughs in reserves and production growth. Revenues shot up by 59.1% year-on-year to 222 …
Hong Kong’s dry spell of IPOs slashes first-quarter fundraising by 90 per cent, pulls city’s global ranking down to sixth place
Funds raised from new share listings in Hong Kong sank 90 per cent in the first quarter, pushing the city to sixth place in the global rankings for IPOs, but some analysts expect a rebound…
It Would Be Folly for China to Bust Russia Sanctions
Tempting as it may be to turn a quick profit and help a friend in need, Beijing would be smart enough not to take the risk.
EU To Push China At Summit To Not Help Russia In Ukraine War
EU and Chinese leaders meet for a first summit in two years on Friday with Brussels keen for assurances from Beijing that it will neither supply Russia with arms nor help Moscow circumvent Western …
Antibody firm Remegen raises $410M in Shanghai IPO, but stock tumbles
Less than a year after winning approval in China for the first domestically developed antibody-drug conjugate (ADC), Remegen Co. Ltd. raised ¥2.6 billion (US$410 million) and picked up a listing on …
