China will continue to ramp up volume-based procurement (VBP … stressing that the system mostly benefits smaller companies that charge lower prices. “It is very much a business disruptor because the …
Tagged By business
US Law Banning Imports From China’s Xinjiang Takes Effect After Biden’s Approval In 2021
The United States of America has enforced new regulations that ban the import of products from China’s Xinjiang region from Tuesday, June 21.
WeChat to restrict or ban crypto and NFT accounts
WeChat, the leading social media platform in China, is cracking down on accounts related to cryptocurrencies. The social media company has updated its policies and banned accounts that provide …
I sell cult US beauty brands like Olaplex and Physicians Formula in China. Here’s what the market is like.
Julian Reis’ company SuperOrdinary leans on Chinese social-media sites like TikTok equivalent Douyin to reach a new customer base.
Nike’s Q4 Earnings Likely to Be Hit by China Lockdowns and Supply Chain Slowdowns
Ahead of Nike’s upcoming earnings report, analysts say investors should remain cautious on the stock and the outlook of the brand for fiscal year 2023.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire’s IPO to debut on Shenzhen Stock Exchange
Shanghai National Center of Testing and Inspection for Electric Cable and Wire (301289) to start trading on the Shenzhen ChiNext Market Jun 22, tomorrow. The firm has issued 15.00 mln shares priced at …
Bahrain’s Mumtalakat eyes possible IPO for McLaren in next few years
Mumtalakat owns about 69% of Alba, the world’s largest aluminium smelter outside of China, according to information on the … skincare startup Mamaearth eyes $3 bln valuation in 2023 IPO – sources, …
Firms Warn of Shipment Delays From China as U.S. Bans Xinjiang Imports
Companies say they fear the law that came into effect Tuesday aiming to prevent shipping of goods using forced labor is difficult and costly to comply with.
EU companies in China pay the price for Brussels stance on Xinjiang; doing business here is more ‘expensive and complex’
Doing business in China is becoming “more complex and expensive” for European firms which are finding themselves increasingly caught in the geopolitical struggle between the world’s second-largest …
New China Business Brief Podcast | Duncan Clark: Has China Become ‘Uninvestable?’
Duncan Clark, a vice-chair at the China-Britain Business Council and chairman of BDA China, speaks to Joe Cash on why he does not buy into the idea that China has become off-limits to foreign …
Russia on verge of losing close ally as China cuts off exports in huge morale blow
VLADIMIR Putin’S hopes to secure international allies for the Kremlin has been crushed as China cuts key exports to Moscow …
Wine Australia shuts China office as exports slump
Australian government-backed industry body Wine Australia said on Tuesday that it will shut its office in Shanghai, as Australian wine imports into the Chinese market continue to slump after Beijing …
South Africa’s latest hot export to China? Donkeys
Chinese demand for traditional medicines has sent poachers hunting for African animals from rhinos to pangolins. Now a humbler creature is threatened: …
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