China’s Web3 environment is shaping up to be a very unique place, meaning its application for e-commerce is likely to differ from that in western countries.
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China ByteDance Rival Kuaishou Says Operating Loss Quadrupled In 4th Quarter, Covid Creating Uncertainty
Kuaishou’s $5 billion IPO last year – which attracted Capital Group, Temasek, Invesco, Fidelity International, Blackrock, Boyu Capital, Morgan Stanley and the Abu Dhabi Investment Authority as …
China’s largest banks signal tough times ahead
Three of China’s largest banks have said that the country’s lenders face multiple headwinds this year that include the pandemic, global politics and domestic turmoil in the real estate industry.
China’s Huawei announces record net profit for 2021
Chinese telecoms giant Huawei on March 28 reported record profit for 2021, defying US sanctions as executive Meng Wanzhou made her first public appearance since returning to China from Canadian …
Competition from China Contributed to Decline in Union Organizing
New research co-authored by Yale SOM Dean Kerwin K. Charles shows that the rise in imports from China at the beginning of this century accelerated a long decline in union elections, by diminishing the …
China regulator denies rumours about probes on Xiaomi-invested firms
China’s securities watchdog denied market rumours on Tuesday that Chinese regulators had launched probes on companies in Xiaomi Corp’s industrial chain or restricted such firms’ listing plans.The Chin …
India and China may increase crude oil imports from Russia, says report
If China expands crude purchases from Russia, any increase is likely to come via shorthaul routes in Asia, which alone could potentially account for 300,000 to 400,000 barrels per day …
This Crypto Has Turned $1,000 Into Almost $95,000 in 5 Years
Stellar Lumens grew by 100% in 2021, which is not as impressive as other cryptos. However, it’s grown over 9,000% since 2017.
Newly Uncovered Crypto Malware Can Steal Seed Phrases
Security research firm ESET Research has uncovered crypto malware disguised within fake cryptocurrency apps, affecting Android and iOS users. This comes …
WEEKLY: China’s steel exports stay strong
China’s exports of both semi-finished and finished steel remained high last week, though trading had already cooled from the first week of this month. Chinese steel prices are still among the lowest …
China’s sportswear industry booms with local brands on trend
Hoodies with eye-catching Chinese characters Coats covered in tiger stripes Shoes featuring traditional floral patterns China ho …
Strong vehicle exports boost trade between China’s Tibet, Nepal
Kunming, southwest China’s Yunnan Province. (Xinhua/Jiang Wenyao) LHASA, March 29 (Xinhua) — The export of whole vehicles from China to Nepal via the ports in southwest China’s Tibet Autonomous …
Oil Drops as China’s Covid Resurgence Imperils Demand
Oil fell as China issued more lockdowns, raising fresh concerns about demand slowing down in the world’s biggest crude importer. Futures in New York fell more than $7 to trade near $106 on Monday.
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