High-end pieces and steel watches were the main exports, while China’s appetite seems to wane as analysts warn of a slowdown in its luxury market growth.
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Team China’s Olympic imports
The Chinese government appears to have loosened nationality laws to win medals and present a stronger image at the Olympics.
China establishes office to promote exports of the FC-31 stealth fighter
A model of China’s FC-31 stealth fighter jet is on display at the Airshow China 2021 in Zhuhai, South China’s Guangdong Province. Photo: Liu Xuanzun/GT China has established an office dedicated to …
The coming of age of blockchain
BLOCKCHAIN and its applications such as in cryptocurrency and non-fungible tokens (NFTs) had a breakout year in 2021. It already went past its hype.
Can Keep, An Online Fitness App, Help Luxury Brands Seize China’s Fitness Craze?
Keep, a unicorn in the field of online fitness, boasts 300 million users. Can luxury leverage the app to tap into China’s booming fitness sector?
China’s Covid restrictions cause 2,000 containers to pile up at border
But it is now resurfacing, causing losses to exporters and transporters. China was Vietnam’s second-largest export market for agricultural, forestry and fishery products behind the U.S., posting an …
How Companies Can Navigate the Low Tides of the U.S.-China Relationship
A grinding trade war and growing geopolitical competition haven’t completely locked U.S. companies out of China’s massive consumer market, though it has closed off some industry sectors and …
Business policy in East China sparks positive feedback
An existing favorable policy for business startups in East China’s Zhejiang province that an official recurred to on Thursday has sparked new positive discussion online. Chen Zhong, deputy head of the …
Kyrgyzstan, Kazakhstan: Billions vanish into black hole on border with China
Dozens of billions of dollars worth of goods may have been smuggled from China into Kyrgyzstan over a two-decade period …
China halts imports via Hekou-Lao Cai border gate
China has suspended the import of Vietnamese goods via its Hekou border gate that pairs with Lao Cai of Vietnam due to COVID-19 pandemic.
Meihua slashes IPO size to break China-US market drought
Meihua International Medical Technologies raised $36m in New York this week after pricing a pared-down IPO at the mid-point of its marketed range. But the company captured investors’ attention in the …
FinMin extends validity of anti-dumping duty on ‘aluminium foil’ imports from China
The Finance Ministry has extended the validity of anti-dumping duty on ‘aluminium foil’ (5.5 micron to 80 micron) imports from China till June 15. Hindalco Industries, Raviraj Foils and Jindal India …
China’s local governments double down on innovation to drive growth
China’s local governments have vowed to further develop future industries, from metaverse and blockchain to artificial intelligence and extended reality, a move reflective of their growing desire to …
