Global consumer brands from Lancome to Samsung have seen a dramatic plunge in April sales on China’s e-commerce platforms such as Tmall, as strict Covid-19 lockdowns stunt consumer spending.
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Winning the tech battle with China
This piece has been published in Restoring America to consider how the U.S. can prevent China from becoming technologically dominant.] …
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Airbnb decides to close down its domestic business in China
Now Airbnb Inc. has decided to close its domestic business in the country. According to media reports, the company will stop listing homes in the country by this summer. The company was already facing …
China’s lockdowns reportedly trigger Airbnb’s closing of listings there
Airbnb will shut down its listings in China after two years of lockdowns in the country “with no end in sight,” according to a source familiar with the matter.
Airbnb is shutting its business in China for sluggish tourism due to lockdowns
Airbnb, the San Francisco, California-based company that operates an online marketplace for lodging, primarily homestays for vacation rentals and tourism activities, announced it would end its …
China’s top court vows to phase in blockchain alliance in tandem with industries by 2025: document
The Supreme People’s Court of China on Wednesday released a document addressing strengthened blockchain applications in the judicial field, vowing to accelerate digital transformation supported with …
MineHub bridges into China with TradeGo
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China and U.S. are committed to reach audit deal, Chinese regulator says
China and the United States are committed to reach an arrangement on the audit inspection issue that is in line with legal and regulatory requirements for both sides, China’s securities regulator said …
China’s carbon-neutral plan lacks urgency and transparency, EU chamber report says
Beijing’s vow to prioritise energy security in a time of global market turmoil appears to be casting doubt on decarbonisation efforts and progress in the short term EU Chamber of Commerce in China …
U.S. weighs lifting China import levies
Her comments contrasted with Yellen, who last month suggested the U.S. is open to scaling back the widespread Trump-era tariffs on merchandise imports from China to help provide relief to Americans.
