Integrated circuit imports fell 4.6 per cent in January and February to 91.9 billion units year on year, but the value of imports jumped nearly 20 per cent amid a global chip shortage.
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GM preparing to launch a new premium import business in China
General Motors plans to create a new premium brand in China to market what the automaker’s China chief Julian Blissett recently described as “halo cars” brought in from the United States. GM plans to …
Is GM Looking To Pose Direct Challenge To Tesla, Nio In China With A New ‘Incubated Startup?’
General Motors Company (NYSE: GM) is rolling out a startup-like import unit that would focus on China’s high-end market, CnEVpost reported on Tuesday, citing a company executive. What Happened: The …
China led world with 500,000 electric car exports in 2021
According to the General Administration of Customs of China, the number of passenger EVs exported in 2021 increased 2.6 times to 499,573 units. Meanwhile, Germany doubled its exports to about 230,000 …
Chinese police busts illegal crypto mining farm, seizes 190 miners
The mining operations were reportedly being carried out in a closed-door location with a guard at the gate along with fences and walls to hide it from plain sight.
China Supports Tech Firm U.S. IPO Revival, Signaling End to Freeze
The China Securities Regulatory Commission told banks that it would permit some U.S. listings by companies that meet certain criteria, such as those that don’t possess sensitive data, the people said.
President Biden to Sign Crypto Executive Order This Week
President Joe Biden is gearing up to sign a much-anticipated executive order on cryptocurrencies later this week, Reuters reports, paving the way for a wave of detailed studies on …
Zibuyu plans Hong Kong IPO
China’s Zibuyu Group, a cross-border e-commerce company, has revived its plans to go public in Hong Kong, having refiled a listing application with the city’s stock exchange. The group submitted its …
Yum China Ranked Among the Top 100 Companies Globally for Gender Equality by Equileap
Yum China Holdings, Inc. (the “Company” or “Yum China”, NYSE: YUMC and HKEX: 9987) today announced it has been ranked among the leading companies worldwide in the 2022 edition of Equileap’s Top 100 …
China exports up 16.3% as trade with Russia surges
Chinese exports in January and February rose a combined 16.3 percent on surging global demand and a spike in trade with Russia in the run-up to the war in Ukraine, according to customs data released…
China, Russia trade surges amid Ukraine crisis, but ‘alarm’ as overall export growth slows
China’s trade with Russia surged at the start of the year, but “alarming” slowing overall export growth amid various headwinds have increased the pressure on Beijing to introduce policies to meet its …
China plans crackdown on illegal fundraising in metaverse, NFTs
China Supreme People’s Procuratorate warned of “severe punishment” for financial crimes such as illegal fundraising and money laundering in a work report released on Tuesday. See related article: …
10 Chinese Brands Shortlisted for Yu Prize 2022 Edition Final
The finalists will create two looks inspired by the theme “Soaring Aspirations,” and show them at a jury presentation on March 15.