Geely Holding and Concordium announced they have signed a blockchain joint venture and established their headquarters in Wuxi, China. The companies said on Tuesday, March 22, that their aim for the …
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232 metric tonnes of urea imported from China
A total of 232 metric tonnes of urea fertilizer has been imported from China through the Tatopani transit, said the Tatopani Customs Office. This import is expected to give relief to farmers who have …
Russian oil is “soft underbelly” of China’s energy security
For years, China has sought to diversify its oil imports away from the Middle East as insurance against supply disruptions, geopolitical risks, and coercion by exporter countries. In 2020, Russia was …
OYO May Reduce IPO Size As Softbank And Other Investors Refuse To Offload Shares: Report
OYO’s INR 8,340 Cr worth of IPO included an offer for sale amounting to INR 1,430 Cr from SoftBank Group, AI Holdings, China Lodging Holdings and IVY Ventures The refusal of investors to offload …
Alibaba, Tencent Look Cheap But Should You Buy China’s Mega Caps?
After taking multiple blows during the past year, Chinese mega cap stocks are beginning to show signs of life again. Last week, the Asian country’s top policymaker revealed intentions to stabilize and …
Joy Spreader 2021 Results: Successfully Implements Multiple Marketing Services as Part of its Proactive Business Strategy
Joy Spreader Group Inc. (“Joy Spreader” or the “Company”, Stock Code: 06988.HK), a leader in new media performance-based marketing, held a press conference on March 21, 2022 to announce its financial …
US sets red lines for China helping Russia dodge sanctions
The Biden administration, seeking to deter China from aiding sanctions-hit Russia, on Wednesday warned Beijing not to take advantage of business opportunities created by sanctions, help Moscow evade …
China firmly opposes unreasonable U.S. suppression of Chinese companies
China firmly opposes the United States generalization of the concept of national security and its abuse of state power to unreason …
Tencent stock drops after its slowest quarter on record as China crackdown hits growth
Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth thanks to a bruising crackdown by China on the country’s tech sector.
China’s Trip.Com Narrows Losses by 83% in 2021 Amid Resurge in Domestic Trips
China’s biggest online travel agency Trip.Com Group pared its losses by almost 83 percent last year due to rebounding domestic travel amid the Covid-19 pandemic. Net loss decreased to CNY550 million …
Boeing 737-800 crashes in China — is the airplane safe?
A Boeing 737-800 operated by China Eastern suddenly plunged from an altitude of about 30,000 feet on Monday in China’s Guangxi region, likely killing all 132 people on board.
China’s Consumers Face Deeper Economic Damage From Covid Lockdowns
China is facing a temporary hit to factory production and a lingering consumer slump amid the strictest Covid controls since the initial outbreak two years ago.
Import of Substandard & Harmful Toys from China declining
Import of Substandard and Harmful Toys. The import of toys, games, sports equipment from China is showing a declining trend. The imports of these products from China have reduced …
