Shanghai will allow another 1,188 manufacturers to resume production after Covid-19 cases showed signs of stabilising following a month-long citywide lockdown. Mainland China’s commercial and …
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China taps local speciality industries to push rural vitalization
As China has eliminated absolute poverty nationwide … Heze boasts about 120 peony processing companies and 11 enterprises engaged in peony exports. The city has an annual production capacity of …
Steel Production Forecast: China’s Loss Is India’s Gain
Thanks to China’s subdued exports, India’s flat steel producers are also getting access to new global markets. The global steel story for the last month or so has centered around two main …
China to Suspend Import Taxes on Coal to Keep a Lid on Energy Costs
China will suspend import tariffs on coal for 11 months in an effort to ensure the country’s coal supply amid a global price surge, though analysts predict the suspension won’t do much to boost …
Blockchain as a Service Software Market, Global Outlook and Forecast 2022-2028
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028. Cloud-based Segment to Reach $ Million by 2028, with a % CAGR in next six…
Russia expects trade with China to reach $200 bln by 2024 -Ifax
April 30 (Reuters) – Russia’s foreign ministry on Saturday said it expected commodity flows with China to grow and trade with Beijing … Reuters provides business, financial, national and …
China’s Xi vows stronger antimonopoly efforts, healthy capital market
Xi was quoted as saying China would crack down on corrupt behaviour related to … reaching billions of people worldwide every day. Reuters provides business, financial, national and international …
Will Philipp Plein’s Crypto Store Shake Up Luxury Retail?
Moreover, crypto payments are slower than cash or credit cards … This could be especially useful in China, where cryptocurrencies are banned but NFT interest abounds. From hosting a blockchain-based …
Foreign Businesses Consider Leaving China Amid Lockdowns
communications vice president with the U.S.-China Business Council, a 265-member advocacy group in Washington. Smaller companies are having more trouble because they depend on China’s advanced …
LIC IPO: 10 things you must know before subscribing
About the issue: With this IPO, which is through an offer-for-sale … AXA S.A. ($113 bn), Ping An Insurance ($110 bn), Allianz SE ($909 bn), China Life Insurance Company ($88 bn) are the only global…
China’s factory activity contracts at steepest rate in 26 months – Caixin PMI
BEIJING, April 30 (Reuters) – China’s factory activity shrank at the sharpest pace … demand due to COVID-19 restrictions brought about a continued drop in new export orders, the survey showed. The …
Costlier Smaller Tankers Deployed to Move Displaced Russian Oil to China
A very large crude carrier (VLCC), capable of taking 2 million barrels, was the norm for shipping Urals oil to China before Russia’s invasion of Ukraine. The demand for smaller tankers highlights the …
Bitcoin Mining Has Evolved Since China’s Crypto Crackdown. Here’s How.
The U.S. quickly became the world leader in bitcoin mining after China cracked down on crypto last year. WSJ’s Shelby Holliday takes a look at what the global shift has meant for the bitcoin network,…
