In an effort to prevent an economic slowdown, China’s central bank has cut its benchmark lending rates. But many experts believe the rate cuts are insufficient to boost the …
Tagged By business
48 ChiNext IPOs Are Held Up as China Probes Intermediaries
Forty-eight firms planning initial public offerings on Shenzhen’s Nasdaq-style ChiNext board have had to suspend the IPOs because three intermediaries in the deals are being investigated over fraud by …
China’s 2022 Economic Outlook Based on GDP and Economic Indicators from 2021
China’s economic outlook for 2022 will depend on exports performance, recovery of the property industry, and whether domestic consumption can rebound.
Swiss gold exports to China and India hit multi-year highs
Swiss gold exports rose last year to their highest since 2018 as demand for bullion in China and India, the biggest consumer markets, recovered from a collapse early in the COVID-19 pandemic, Swiss …
China hails WTO green light on US import duties
China on Thursday hailed a WTO decision allowing it to slap duties on $645 million worth of US imports each year, calling on Washington to follow the ruling and “stop seeking excuses” in a …
WTO ruling finds China can penalize $645M worth of U.S. goods
A World Trade Organization arbitrator has decided that China can impose retaliatory tariffs on imports from the United States totaling up to $645 million a year, capping a decade-long dispute over U.S …
Scoping out the winter sports industry in Beijing 2022 city Zhangjiakou
Provided by Xinhua Zhangjiakou in north China Hebei province taps into the Beijing 2022 Olympic Winter Games to promote the development of the winter …
China’s Shoe Exports Swelled 35% Last Year, But Boom May Be Shortlived, Experts Say
The value of China’s shoe exports jumped 35 percent last year from the year before, reversing a downward trend that started in 2014, as global orders flood back to the country amid the pandemic.
China’s Yunnan Province sees blooming flower export in 2021
Yunnan Province, the main supplier of flowers in China, reported robust export of fresh-cut flowers in 2021, the local customs authority said. The export value of Yunnan’s fresh-cut flowers hit 520 …
How the ‘Metaverse’ Could Become China’s Next Bubble
This is the second in a two-part series on China’s growing involvement in the metaverse. Part one can be found here. Since late last year, the tech world has been abuzz about the “metaverse.” Over…
The Chinese Watch Brand That Beat the Swiss
CIGA Design became the first Chinese brand to win a Grand Prix prize when its Blue Planet automatic wristwatch, a 46-millimeter titanium model featuring a rotating blue aluminum 3-D globe, beat five …
China Fintech PingPong Weighing $1 Billion Hong Kong IPO, Sources Say
Chinese fintech startup PingPong is considering an initial public offering in Hong Kong to raise as much as $1 billion, people with knowledge of the matter said.
WTO: China can slap duties on $645m of US imports
The World Trade Organization handed a fresh victory to China, permitting it to slap duties on $645-million worth of US imports per year.