L’Oréal-owned 3CE Stylenanda is closing its Beijing location, leaving just two other stores in China. Is this a sign of the times for K-beauty?
Tagged By business
China’s Golden Sun Education prices $17.6M U.S. IPO
Golden Sun Education Group (GSUN) has priced its initial public offering of 4.4M Class A ordinary shares at $4/share for an aggregate gross proceeds of $17.6M.The underwriter …
Onion Global’s Strategy Helps Chinese Brands “Go Global”
Onion Global Limited (“Onion Global”, the “Group” or the “Company”) (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets, and distributes the world’s fresh, fashionable, and …
Interview: Luxembourg hopes to boost business relations with China after COVID-19, says minister
China is a key trade partner of Luxembourg and the Grand Duchy hopes to boost business with China in the aftermath of the COVID-19 pandemic, Luxembourg’s minister for development cooperation, …
China looks set to lose its title as the world’s largest importer of LNG
Japan could retake the lead from China as the world’s largest importer of LNG in 2022, a report issued by Banchero Costa on Wednesday claims. In the 12 months of 2021, China’s LNG imports jumped…
New Peugeot model debuts in China’s Auto Valley with fresh brand image
Over the years, Peugeot 206, 307, 408 and other models have entered many families, making Peugeot one of the mainstream joint venture automobile brands in China. In particular, Peugeot 408 has …
China’s yuan weakens ahead of Fed Chair Powell’s testimony
China’s yuan weakened on Wednesday ahead of Federal Reserve Chair Jerome Powell’s testimony to Congress later in the day, with traders looking for further clues on how aggressively the Fed will hike …
Tesla drives China EV export rebound; Europe absorbs big chunk of the shipments
Automakers in China shipped $1.2 billion worth of EVs last month, up 122 percent from a year earlier as Tesla exports jumped to more than 22,000 after shipping only 60 cars in March and none…
China Economic Review Jun. 22
Such shift is in line with economic laws and will not affect China’s position in the global industrial chain and supply chain. 2. Implement urgent measures to stabilize employment The State Council …
Goldman Sachs explains why China’s inflation rate remains low
Andrew Tilton of the investment bank says China’s situation is different because its economic … Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, …
China’s Guizhou province to slap backdated power charges on uncovered crypto miners
Another Chinese province has introduced higher retroactive electricity charges for cryptocurrency mining projects when they are discovered, a form of financial penalty on the banned activity. See …
Imports from China increased by 45.51 per cent in FY22 to Rs 7.02 trillion: Commerce Ministry data
India’s exports to China grew by 0.61% in FY22, which increased in FY21 by 33.59%. The major items of exports included iron and steel, ores, slag and ash and organic chemicals.
China’s WeChat Updates Policy To Ban Crypto, NFT-related Accounts
WeChat, China’s biggest social media platform, has just announced a ban on all accounts offering crypto or NFT-related services.
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