The once-freewheeling tech industry was long the main source of well-paid employment in China, but major companies are now reportedly downsizing at a scale not seen before as President Xi Jinping’s …
Tagged By business
How the US-China Trade War Affected the Rest of the World
U pendin g a decades-long effort to reduce global trade barriers, China and the United States began mutually escalating tariffs on $450 billion in trade flows in 2018 and 2019. Th …
China’s Peacebird Invests in Designer Label 8ON8
It acquired a 20 percent stake in the label, founded by Central Saint Martins alumni Gong Li, for 10 million renminbi, or $1.57 million.
Revenue of China’s top liquor brand exceeds 100b yuan in 2021
China’s leading liquor maker Kweichow Moutai reported Thursday that its operating revenue reached 109.5 billion yuan ($17.2 billion) in 2021, up 11.71 percent year-on-year. It also saw its profit rise …
Interview: Thailand expects to expand exports to China, says Thai deputy PM
Thailand’s Deputy Prime Minister and Commerce Minister Jurin Laksanavisit said his country hoped to further expand exports to China building on solid bilateral trade cooperation. “If we look back at …
China’s Evolving Energy Policies in Africa
China has been issuing a number of new policies on its approach to climate and energy. In 2021, the Chinese government announced that it would end the …
Revenue of China’s top liquor brand exceeds 100 bln yuan in 2021
China’s leading liquor maker Kweichow Moutai reported Thursday that its operating revenue reached 109.5 billion yuan (about 17.2 billion U.S. dollars) in 2021, up 11.71 percent year on year. It also …
China $9 billion IPO plans stalled amid COVID outbreak – filings
A gong is pictured before the listing ceremony of the first batch of companies on STAR Market, China’s new Nasdaq-style tech board, at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. R …
OneConnect Co-Founds Dual Carbon Innovation Laboratory Initiating Development of ESG-Focused Blockchain Applications
OneConnect Financial Technology Co. Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading Technology-as-a-Service provider for financial institutions announces the launch of the Innovation …
China oil giant CNOOC plans $5.5 bln Shanghai listing amid heightened geopolitical risks
SHANGHAI: CNOOC Ltd, China’s top offshore oil and gas producer, plans to raise 35 billion yuan ($5.5 billion) via a public share sale in Shanghai next month to fund oil and gas excavation as Beijing …
WeChat bans NFT accounts, citing ‘crypto speculation’
WeChat has blocked more than a dozen accounts belonging to NFT marketplaces from its social media platform, citing prevention of “crypto speculation.” …
Measuring the Market Power of China’s Medical Product Exports
During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products …
1st LD: China’s non-manufacturing PMI down in March
A staff member makes takeout food at a restaurant in Xi’an, capital of northwest China’s Shaanxi Province, Jan. 13, 2022. (Xinhua/Li Yibo) BEIJING, March 31 (Xinhua) — The purchasing managers’ index …
