A freight train left Guoyuan Port in southwest China’s Chongqing Municipality on Saturday for Vietnam’s capital Hanoi, marking the launch of a new freight train route between China and Vietnam.
Tagged By business
SoftBank Seeks US$60 billion Valuation for Arm IPO
Global investment company SoftBank Group is seeking a valuation of US$60 billion for British chip-making company Arm for its IPO. After failing to sell Arm to Nvidia, SoftBank plans to get Arm to the …
Hong Kong ends flight ban, Singapore restrictions ease, Thai crypto crackdown
Several of Southeast Asia’s tourism-dependent countries are taking steps to lift COVID-19 restrictions this week. Malaysia and the Philippines will reopen to all vaccinated travelers, while Singapore …
Luxury Brands Wake Up to the Booming Chinese Coffee Market
As China’s coffee shop market becomes increasingly competitive and sophisticated, how are luxury brands leveraging this opportunity?
Russian gas sales to China ‘will not make up for loss of European markets’ after Ukraine invasion
Russia currently provides far more gas at a higher price to Europe, according to a leading energy analyst But China’s real value is as a source of necessary goods after the West imposed sweeping …
China industrial profit up but mired in single-digit growth
BEIJING (Reuters) -Profit growth at China’s industrial firms accelerated in the first two months of the year in line with other signs of momentum in the …
Explained: Ethereum Is Upgrading and It Could Change Crypto’s Future
The catalyst for this growth appears to be an upcoming upgrade that will overhaul how the Ethereum blockchain works, and, in the process, make it “more scalable, more secure, and more sustainable.” A …
Chinese auto brands gain larger market share in first two months
The share of Chinese passenger car brands in the domestic market increased in the first two months of the year, data from an industry association showed. Over 1.63 million Chinese brand passenger cars …
With eye to China investment, Taliban now preserve buddhas
The ancient buddha statues sit in serene meditation in the caves carved into the russet cliffs of rural Afghanistan. Hundreds of meters below lies what is believed to be the world’s largest deposit of …
How Ukraine war left China’s ‘Nickel King’ on hook for billions
Tsingshan, the world’s biggest nickel producer, has been forced to buy back a large number of nickel contracts at higher prices to reduce its exposure …
China says no trace of explosives found in jet crash samples
Some 24,000 pieces of wreckage have been retrieved, officials said, and remains of 120 people have been identified …
China must be punished for supporting Russia
In spite of all the destruction, there is something positive that could come out of the conflict, indirectly related to Russia and Ukraine — the resetting of China’s diplomatic and trade relationship …
Engineering Exports Surpass $101 Billion In 11 Months Of FY22 As US, China And UAE Continue To Drive Growth
With demand from the top three key markets USA, China and UAE remaining strong, engineering goods exports crossed the $101 billion-mark during the April-February period of the cur …
