China and Russia have vetoed a U.N. resolution sponsored by the United States that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches …
Tagged By business
Alibaba full-year profit slumps nearly 60% on tech crackdown, COVID-19
BEIJING: Chinese e-commerce giant Alibaba said on Thursday (May 26) its profit fell 59 per cent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with …
China pig breeders go high-tech in self-sufficiency push
Still, business has suffered amid recent huge losses at pig producers, BGG founder Monita Mo said. China’s hog producers have endured record losses due to surging feed costs and weak demand amid COVID …
China’s LNG imports set for first big decline as demand wanes
SINGAPORE : China’s imports of liquefied natural gas (LNG) are on track to post their first major decline this year, as high prices and weak manufacturing due to COVID-19 lockdowns crimp demand for …
China GDP: Premier Li signals ‘clear urgency’ on reviving economy, but no change to zero-Covid
A speech from Premier Li Keqiang to 100,000 officials from across China shows ‘a clear urgency’ to government efforts to avoid recession, say analysts But Li’s comments do not signal a change in the …
China’s Gen Z can make or break Western brands
They’ve got money to burn, eschew foreign labels, and are driven by a swelling sense of nationalism that can ensnare even the biggest global brands. They’re China’s Generation Z and they’re shaking up …
STEPN to Bar ‘Move-to-Earn’ for China-Based Users in July
Popular “move-to-earn” crypto game STEPN will exit the Chinese market due to regulatory concerns, the company said Thursday.
Car tech firm ECARX to go public in $3.8 bln blank-check deal
ECARX Holdings, a Chinese auto tech startup backed by Geely Holding Group’s chairman, on Thursday said it would go public through a merger with a blank-check firm in a deal that values it at $3.82…
Rising costs and Covid delays: Is China’s manufacturing hotspot under threat?
In recent years “the production cost and material cost have both gone up quite significantly in China which has put pressure on both local and foreign companies and fashion houses,” says Po.
China poses most serious long-term challenge to intl order: Blinken
Even as US has united the rest of the world against Russia’s invasion of Ukraine, China poses the most serious long-term challenge to the international order, Secretary of State Antony Blinken said …
China reiterates opposition to new UN sanctions before vote
China reiterated its opposition to new sanctions against North Korea ahead of a vote Thursday on a U.S.-drafted U.N. resolution that would impose tougher measure …
China’s VAT Rebates Policy in 2022: Eligibility, Timeline, and Procedures
China implements large-scale VAT rebates in 2022. This article explains the eligibility, timeline, and procedures for applying for VAT credit refunds.
China nearly immune to India’s iron ore export limits: analyst
China’s steel industry will not be affected by India’s iron ore export limits, even though the neighboring country recently announced an increase in the export tax for multiple iron ore categories …
