Manufacturers including suppliers to Apple and Tesla are struggling to keep some of their China operations going as extended and widening Covid-19 lockdowns choke off supplies and clog up truck routes …
Tagged By business
Four Chinese brands on Time 100 most influential companies list
Four Chinese brands are recognized as world’s most influential companies that are shaping the future, according to TIME100 Most Influential Companies, an annual list that highlights businesses making …
China Weekly Inventory Summary and Data Wrap (Apr 8)
This is a roundup of China’s metals weekly inventory as of April 8. Aluminium Billet Inventory in China Increased as Pandemic Undermined Consumption . The …
China coal importers to cut purchases amid record domestic output
China, the world’s top coal importer, may cut imports by up to 30% this year as domestic output holds at record levels and strong demand for non-Russian supplies keeps import prices above those in the…
Hong Kong-China trade slower, less reliable and more expensive amid coronavirus restrictions
The logistics of moving goods between Hong Kong and China has been made more complicated, time-consuming and expensive due to coronavirus restrictions Merchants and industry experts say that …
12 Ways Crypto and Blockchain Tech Will Change the World (and Boost Your Bottom Line)
But using blockchain tech can speed up when trades … of your money comes from – and where you spend it. That’s what China’s digital yuan does. It would let a central bank like the…
China tech crackdown leads to Tencent (40% owner of Epic) shutdown of game streaming service
Tencent is shutting down its game streaming service, the latest retreat by Big Tech in the face of a sweeping crackdown by Chinese regulators that has sharply slowed growth at some of the country’s …
After China ban, Agri Dept urges farmers to report foot & mouth disease cases
China announced a ban of South Africa’s wool and meat exports due to the outbreak. The disease broke out in Limpopo, Gauteng, the North West and the Free State last month.
Fund Manager Who Called End of Last Crypto Winter Remains Bullish
He’s proud of having called the bottom of the yearlong “crypto winter” with his Dec. 21, 2018, tweet: “We will pump off the bottom extremely quickly, leaving most sideline investors stuck in fiat.” …
China woes fail to dent Fidelity’s positive outlook on equities
After the worst monthly net outflows from Chinese equities in two years, one of the world’s biggest fund managers, Fidelity, is bullish on the country.
Containers Pile Up at China Ports as Lockdown Blocks Trucks
Containers full of frozen food and chemicals are piling up at China’s biggest port in Shanghai as a Covid lockdown in the city and compulsory virus testing means truckers can’t get to the docks to…
Chinese Gen Z want ‘China chic’ not foreign brands, as the rise of Anta Sports at the expense of Adidas and Nike in China shows
The ‘China chic’ or guochao trend has grown among young consumers in China – millennials and Generation Z – as seen in rising sales for home-grown fashion and beauty brands and falling sales for …
Green Tea delays Hong Kong IPO
Mainland-based restaurant owner Green Tea Group has pushed back its Hong Kong IPO timeline amid increasingly poor market conditions. Green Tea was set to pre-market its IPO in March and was initially …