Uniqlo operator Fast Retailing Co’s earnings on Thursday may give an indication of how major global retailers are weathering COVID-related shutdowns in China, one of the biggest growth markets for …
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Honda pulls plug on Acura brand of cars in China in just six years. Here’s why
Honda entered into a joint venture with local Chinese company called GAC for GAC Acura in 2016 but sales numbers failed to impress.
US crypto expert jailed over North Korea sanctions
A former US researcher at a cryptocurrency group has been sentenced to more than five years in prison for conspiring to help North Korea evade US sanctions using cryptocurrency.Virgil Griffith had …
Here’s How China’s Lockdowns Are Rippling Through the Economy
China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major technology and financial hubs like Shenzhen and Shanghai, and …
China’s export growth beats expectations but imports slip
China’s export growth held up well in March, although analysts say the momentum could soon peter out with the world’s second-largest economy set to slow sharply due to the Ukraine war and domestic …
China’s imports unexpectedly fall on domestic COVID curbs
China’s imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened demand, while export growth slowed slightly and analysts expected …
China’s March exports grow despite virus; imports flat
China’s exports rose 15.7% in March over a year earlier while imports were flat due to disruptions from coronavirus outbreaks. Exports rose to $276.1 billion despite anti-virus …
China March crude oil imports fall 14% on yr, gas imports lowest since Oct 2020
China’s crude oil imports slipped 14% in March compared with the same month a year earlier, extending a two-month slide as independent refiners curbed purchases under narrowing margins and large state …
China reports its exports rose 15.7% in March over a year earlier, while imports were flat due to virus disruptions
China reports its exports rose 15.7% in March over a year earlier, while imports were flat due to virus disruptions …
China’s appetite grows for ready-made dishes
Visitors taste ready-made dishes at a prefabricated food industry exhibition in Fuzhou, east China’s Fujian Province, Dec. 2, 2021. (Xinhua/Wei Peiquan) JINAN, April 13 (Xinhua) — While 35-year-old …
China Q1 exports rise 13.4per cent y/y in yuan terms, imports up 7.5per cent
BEIJING : China’s exports rose 13.4per cent in yuan terms in January-March from a year earlier, while imports increased 7.5per cent, customs data showed on Wednesday. China’s customs agency is due to …
China’s Jan-March overall trade with Russia rises 28% to $38.2 billion
BEIJING : China’s overall trade with Russia rose to 243.03 billion yuan ($38.18 billion) in January-March, a Chinese customs spokesman said on Wednesday, up 27.8 per cent from a year earlier. China’s …
Blackrock to invest in crypto firm Circle Internet Financial issuer of USDC
Blackrock, the world’s largest asset manager with over $10 trillion under AUM, plans to invest in the crypto firm Circle …