Asian markets were a sea of red except for China’s small gains, while Hong Kong and the Philippines were spared the carnage due to market holidays.
Tagged By business
Domestic brands attract young consumers
We often exchange views on styles and production skills,” said Shu, adding that young consumers make up a big part of her clientele. Over the past few years, China has seen a surge in young…
Deribit and OKX attract significant traffic from China despite a blanket ban: report
A Cointelegraph exclusive report highlighted the rise in the use of virtual private networks among Chinese traders after the blanket ban. Recent data from Similarweb verifies that Chinese traders are …
China’s coronavirus controls are ‘throttling US business confidence’, American lobby groups says
A growing number of American firms are cutting revenue projections for China this year and say attracting foreign talent is becoming difficult, a new survey from a US business lobby shows.
Foreign business urges China to change course on Covid
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling US business confidence in China,” said Colm Rafferty, chairman for the chamber in …
US Lobby Fears ‘Exodus’ of Foreign Staff in China Due to COVID Measures
American businesses are struggling to persuade overseas staff to join them in China due to the country’s strict COVID-19 control measures and ongoing lockdowns, the American Chamber of Commerce in …
Across China: Domestic brands attract young consumers
Over the past few years, China has seen a surge in young consumers interested in domestic brands and products that incorporate traditional Chinese style and culture, a trend known as “guochao.” These …
China Proposes Measures to Boost Consumption in Face of COVID-19
We take a clear-eyed view of a new set of Opinions from the State Council that seek to boost the China consumer market and encourage post-COVID recovery.
Crypto Mining Strains Energy Grid and Creates Fresh Demands for Housing in Texas
The influx of crypto mining to rural Texas has precipitated an outsized demand for energy, housing, and other essential services that the Lone Star state is …
China’s iron ore import slump extends into April – customs
A slump in Chinese iron ore imports extended into April, as suppliers struggled with disruptions while a COVID outbreak suppressed demand.The world’s top iron ore consumer took in 86.06 million tonnes …
China’s April exports slow, imports unchanged as virus curbs expand
Exports in dollar terms grew 3.9% in April from a year earlier, compared with the 14.7% growth reported in March. The growth was the slowest since June 2020.
FTSE 100 Live: China figures fuel global growth worries, Bitcoin price slides
Stocks are back under pressure after figures from China’s economy highlighted the impact of ongoing zero-Covid lockdown policies. Export growth fell sharply in April and data on China’s new-home sales …
Tailor Insight Releases Report on ‘Main Trends of Blockchain and Crypto in 2022’
HONG KONG, CHINA / ACCESSWIRE / May 9, 2022 / Tailor Insight, the Asia based market research institute, has released a report on ‘Main Trends of …
