China has punished a number of local officials with demotions or dismissal for falsifying economic data, the country’s statistics bureau said on Friday, as part of an effort to curb data fraud as the …
Tagged By business
Red China’s Trade
This offensive has been marked by an increase in trade with the free world, the extension of credits to countries outside the Soviet orbit, and the provision of technical assistance to all who will …
China reports surplus in international goods trade
China reported a surplus in its international goods trade in April, data from the State Administration of Foreign Exchange showed on Friday. Goods exports came in at 1.6666 trillion yuan (about 247.3 …
Russia Sends Record Volumes Of Oil To India, China
India and China have stepped up purchases and are importing record volumes of Russian crude. some Chinese state giants haven’t ramped up imports of spot cargoes from Russia despite steep discounts.
Balenciaga NFTs and Louis Vuitton’s Wechat moments: How luxury brands made the most of 520 in China
The holiday, known as the internet’s Valentine’s Day, has become an important marketing moment for brands in China. During a year of lockdowns and grim outlooks, Chinese customers showed signs of …
The China shock: Germany turns away from its biggest trading partner
“It’s totally different when we look at investment. The big corporations in car making, chemicals, and machine building have invested heavily and generate business in China, where they produce for the …
What is StepN? The new craze which lets you earn crypto for running and walking is now blocking China users
Its governance and game tokens, GMT and GST, come under pressure as app developers aim to ensure compliance with Chinese crackdown.
BIT Mining Q1 revenue falls sharply after China’s crypto ban
Q1 revenue on Friday has nosedived over the fourth quarter, hindered by its mining pool business after China banned cryptocurrency transactions …
STEPN’s GMT price crashes after China ban, showing serious red flags
STEPN, web3 lifestyle app, witnessed a colossal crash, plummeting 74% from its all-time high after the China ban. Analysts have criticized STEPN’s token economy, believing it is in danger of entering …
China lockdowns are exacerbating supply chain crisis, warn manufacturers
Covid outbreaks in China are worsening a supply chain crisis being endured by manufacturing companies, with an on-going lockdown in Shanghai particularly …
‘Spy chief of China’ laptop recording sheds light on Hunter Biden’s overseas business
Hunter Biden’s business ties to men he believes were connected to Chinese intelligence loom large as he faces an investigation into his taxes, overseas business dealings, and possible foreign lobbying …
Reshoring from China to Mexico – How Prevalent is it Really?
A business sentiment survey from the European Chamber of Commerce in China indicates that a quarter of 372 companies are considering relocating their current or future investments outside of China, …
Cloud business a bright spot for slowing Alibaba and Baidu
Cloud services have become a rare growth point in the lackluster earnings reports of Alibaba, Baidu, and Tencent.
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