China’s private sector contributes more than half of the country’s tax revenue and GDP, yet it is bearing the brunt of economic pressure Crackdowns on tech giants and private tutoring, and Covid-19 …
Tagged By business
Factbox-China-Russia Trade Has Surged as Countries Grow Closer
Total trade between China and Russia jumped 35.9% last year to a record $146.9 billion, according to Chinese customs data, with Russia serving as a major source of oil, gas, coal and agriculture …
Chinese edtech sector to have its first IPO since education crackdown
Fenbi’s listing is the first IPO from China’s edtech industry since last July, when the sector was hit by a series of regulatory moves.
Mascots of China int’l consumer products expo revealed
Authorities in south China’s Hainan Province on Tuesday revealed the mascots for the 2022 China International Consumer Products Expo, styled after the Hainan gibbon. Hainan gibbons are the most …
China PMI surprised to the upside with policy support
Both manufacturing and non-manufacturing PMIs recovered back above 50, showing signs that domestic demand from infrastructure investment is starting to …
Feature: Pakistan’s farmers keen to export their onions to China
Arshad Swati from Pakistan’s northwestern province of Khyber Pakhtunkhwa is among the thousands of onion farmers in the Asian country. He dreams of selling his onions overseas to fund a better …
The Impact of the US and EU’s Russia Banking and Financial Sanctions on China
We have analyzed the extent of the US and EU sanctions imposed on Russia and their impact on Chinese businesses operating in the Russian market.
China’s car brand Hongqi kick-starts new year with strong sales
Sales of Hongqi, a car brand under China’s leading automaker FAW Group Co., Ltd., have soared 40 percent year on year in the first two months of 2022 to 63,800 units, the company said. Hongqi,…
War-Stoked Volatility Brings New Challenge to IPO Plans in Asia
A tough start to the year for initial public offerings across Asia Pacific is getting worse as geopolitical woes emanating from Europe are adding to existing regional headwinds.
China’s Feb factory activity returns to growth
China’s factory activity returned to growth in February, buoyed by expanding new orders, a private poll showed on Tuesday, although employment remained mired in contraction and inflationary pressures …
China’s economy faces multiple challenges at home and abroad: Top official
Foreign trade will be confronted by uncertain external demand, says Commerce minister. . Read more at straitstimes.com.
Ukraine’s fundraising plea vanished in China as crypto donations pour in from around the world
China’s state broadcaster briefly shared an online plea from the Ukrainian embassy in China asking for donations to its military before deleting the post, as Beijing tries to walk a fine line on the …
China parliament to choose stimulus over reforms as economy slows
China’s rubber-stamp parliament begins its annual meeting on Saturday, when it is expected to unveil more stimulus to ease a growth slowdown that could fuel job losses in a politically sensitive year, …
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