Sri Lanka will need $5 billion over the next six months to ensure basic living standards, and is renegotiating the terms of a yuan-denominated swap worth $1.5 billion with China so as to fund …
Tagged By business
METALS-Copper slips on stronger dollar; China demand hopes offer support
Copper prices slipped on Tuesday, weighed down by a stronger dollar, although losses were limited by demand revival hopes on top consumer China relaxing its COVID-19 curbs and declining inventories.
Column: China stimulus ramps up optimism in industrial metals
The China economic stimulus machine is already firing up the prices of key commodities such as iron ore, steel and copper even if there remain some doubts about how rapid, and how effective, its …
One year after China’s crypto mining ban: Almost 100 Bitcoin nodes still running
Despite the widely publicized mining ban by the Chinese government, relevant data shows dozens of nodes still running in the country.
Three tips to find qualified beauty suppliers from China
As China is moving toward high-end manufacturing from low-end manufacturing, a growing number of Chinese cosmetic manufacturers have pursued a global presence over the past decade and more …
Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
South Korea’s ruling party announced the launch of the Digital Asset Committee, whose task would be to oversee crypto until a permanent government entity is established.
China issues new batch of fuel export quotas – sources
China has issued 4.5 million tonnes of quotas for refined fuel exports, sources told Reuters on Tuesday, a top-up to the first issue for 2022 to ease high domestic inventories as demand took a toll…
Can China’s Leaders Accept a Future That Looks Like 2022?
About the author: Daniel Rosen is a founding partner of the Rhodium Group (RHG) and leads the firm’s work on China and the world economy. The established view coming into 2022 both among China’s …
Tiananmen massacre: China censors top e-commerce live streamer, Li Jiaqi for ice cream resembling tank
China censored the country top e-commerce live streamer Li Jiaqi after he and his co-host presented the audience with a plate of Viennetta ice cream from th …
China’s real-life Bling Empire: Bentley and Rolls-Royce owners’ petty feud over car space ends in violent brawl caught on video
A woman is filmed shouting that her parking space has been stolen and appears to threaten to bring ’50 Bentleys’ to escalate row The dispute between the car owners got physical and raises questions …
North Star Meat shelves IPO
Philippine meat company North Star Meat Merchants has decided to delay its Ps3.92bn ($74m) domestic IPO due to market volatility amid inflation concerns. One of the southeast Asian country’s largest …
Trip.com Group corporate travel arm Trip.Biz releases China market white paper as it shares global expansion strategy
Trip.com Group’s corporate travel arm, Trip.Biz, has released a white paper delving into the trends defining the reviving corporate travel management sector in mainland China. The Trip.Biz white paper …
Dutch Lithography Giant ASML to Hire Over 200 Staffers to Expand Business in China
Dutch multinational firm Advanced Semiconductor Materials Lithography Holding plans to recruit more than 200 employees this year to support business growth in China. Many areas were affected by the …