After over two years of constant rumors, fresh reports are emerging suggesting that China’s ultra fast fashion phenomenon Shein has begun preparations for a possible $50 billion IPO in New York this …
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China acidspar export market quiet ahead of new year holiday
China’s acidspar export prices have been stable recently amid thin overseas trade, with most fluorspar acidspar producers preparing for the lunar new year celebrations on January 31-February 6.
China Was Israel’s Largest Import Source in 2021, Surpassing US
China became Israel’s largest source of imports in 2021, surpassing the United States, according to data released by Israel’s National Bureau of Statistics on Thursday. Last year, Israel imported $10.
China introduces state-backed NFT platform unlinked to cryptocurrencies
The Blockchain Services Network has started testing its NFT minting and management system The infrastructure is based on adapted blockchains that are not tied to cryptocurrencies China’s state-backed …
US export rule that hammered China’s Huawei teed up to hit Russia if Putin invades Ukraine
The Biden administration is readying a US export rule that could curb Russia’s access to global electronics supplies if President Vladimir Putin decides to invade Ukraine.
Investors fear ‘crypto winter’ is coming
As cryptocurrency investors reel from the sharp sell-off in bitcoin and other digital currencies, some fear the worst is yet to come.
Victoria’s Secret sells stake in China business for $45 million
Jan 25 (Reuters) – Victoria’s Secret & Co said on Tuesday it will sell a 49% stake in its China business to Hong Kong-based lingerie maker Regina Miracle International Ltd (2199.HK) for $45 million in…
After record year, China moves to tackle ‘unprecedented’ challenges for export in 2022
Considering the high base effect, it will be very difficult for this year’ trade volume to surpass last year, commerce ministry officials said Tuesday, stressing the focus on improving trade quality.
What Kai-Fu Lee-backed AInnovation tells us about China’s smart manufacturing
The enthusiasm to find paying customers for artificial intelligence continues in China. AInnovation, a Chinese computer vision startup backed by Kai-Fu Lee’s Sinovation Ventures and SoftBank, is …
Crypto Crash: Market Now Braced For A Game-Changing White House Executive Order As Price Of Bitcoin And Ethereum Collapse
The bitcoin price dropped under $33,000 per bitcoin this week, down more than 50% from its November peak, while ethereum, the second-largest cryptocurrency by value has crashed to …
Xinhua Silk Road: Study proves long-lasting saliva-generating effect of Chinese liquor brand TingHua
Chinese liquor brand TingHua baijiu has long-lasting saliva-generating effect upon drinking, according to a recent study published by China Food, a Chinese journal focusing on the food industry.
Ericsson tops forecast as 5G demand offsets China troubles
Ericsson beat quarterly core earnings forecasts on Tuesday, sending its shares up 8% as global demand for telecoms equipment for 5G networks offset more market share losses in mainland China.
US Escalates Steps To Ban Imports Produced By Uyghur Forced Labour From China
US on Monday announced ban on all imports from China’s Uyghur Autonomous Region (UAR) or Xinjiang province where goods are allegedly produced with forced labour …