China demands that the U.S. drop a ban on cotton and tomato from Xinjiang, slamming reports that Muslim Uighurs produce them by forced labor. ( read original story …)
Tagged By business
China Takes the Lead in Demand for Swiss Watches
As 2021 begins, the Swiss watch industry is navigating a new and unfamiliar retail landscape: For the first time, China is the world’s largest market for i. China’s … ( read original story …)
A Future Powered by Smart Innovations: 2020-2021 Global Top Brands List Grabbing Global Attention
Smart innovations promise a bright new tomorrow. On January 11, 2021, the 54th International Consumer Electronics Show (CES) was held in Las Vegas. CES 2021 was different as it, for the first time … (…
Uniqlo owner’s profits boosted by China, stay-at-home fashions
Clothing brand Uniqlo’s Japanese owner on Thursday said operating profits were higher than pre-pandemic levels in its first quarter, boosted by China’s resurgence and strong demand for stay-at-home … ( read original story …)
Uniqlo Parent Company Rides China Resurgence to Beat Pre-Pandemic Profits
Uniqlo parent company, Fast Retailing, announced its overall group revenue for the quarter ended November 2020 dropped 0.3 percent year-on-year, but operating profit rose to 113.1 billion yen ($1.09 … ( read original story …)
China Ends 2020 With Record Trade Surplus as Pandemic Goods Soar
China’s export boom continued into December, pushing the trade surplus to a record high in the month and bolstering what is already the world’s best-performing major economy. ( read original story …)
PayPal becomes first foreign firm in China with full ownership of payments business
PayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data, as the U.S. fintech giant eyes a bigger foothold in a ……
Hivestack Appoints Troy Yang Managing Director of North Asia as They Expand to China
Hivestack today announced the expansion of its business operations into China and the appointment of Troy Yang as Managing Director, North Asia. ( read original story …)
Trump administration bans imports of cotton and tomatoes from China’s Xinjiang region, citing forced labor
The Trump administration on Wednesday issued a sweeping ban on imports of cotton or tomato products from China’s Xinjiang region, saying it had reviewed evidence of forced labor in the region. The … ( read…
Nio, the Tesla of China
“We can really think of Nio as the original Tesla of China”. Nio is not a very known brand in the United States but is a leading player in China … ( read original story…
China 2020 exports up despite virus; surplus surges to $535B
China’s exports rose in 2020 despite pressure from the coronavirus pandemic and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of … ( read original story …)
Inside China’s new lab conducting late-stage vaccine trials (August, 2020)
CNN’s David Culver takes us inside a brand new vaccine lab in China and speaks to scientists there about how close they are to a coronavirus vaccine. ( read original story …)
China’s 2020 auto sales fall for third year with help from the coronavirus
China’s sales of SUVs, minivans and sedans fell for a third year in 2020 as the coronavirus hurt already weak demand in the industry’s top global market, an industry group reported Wednesday. Sales … (…