“The Russian coal sector has taken a big hit in 2024,” the Centre for Research on Energy and Clean Air told Newsweek.
Tagged By business
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measures …
Bitcoin ETF ads spotted on China’s Alipay payment app
Alipay, China’s largest payment platform with more than 1 billion users, reportedly featured Bitcoin and cryptocurrency-related ads for users in mainland China. Many mainland Chinese users saw …
China banned exports of a few rare minerals to the US. Things could get messier.
As you may already know, China banned the export of those materials to the US last week and placed restrictions on others. The move is just the latest drama in escalating trade tensions between the…
China’s Instagram-Style Xiaohongshu Crosses $1 Billion in Profit
Xiaohongshu, the Instagram-style app that took off among younger Chinese during the pandemic, is on track to double profits to more than $1 billion in 2024 ahead of a potential IPO.
Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing
Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million …
China’s Nio, behind on growth targets, aims to tighten cost control
Chinese electric vehicle (EV) maker Nio will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind schedule, its CEO said on Thursday.
A watchdog in China has called out Temu’s parent company for its refunds-without-returns policy
The policy allows customers to claim refunds without returning their items, which merchants say is unfair.
Exclusive-Shein IPO: UK regulator decision slowed by NGO challenge, sources say
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy …
China the key for tech’s raw materials whether Trump likes it or not
Concurrently president Joe Biden has announced a third round of export restrictions on China’s semiconductor industry, targeting 140 Chinese companies. In response the Chinese commerce ministry …
US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses
US hits China with new tariffs on solar wafers, polysilicon and tungsten products
In 2023, China produced 80 per cent of the world’s tungsten. None is produced in the US, which is encouraging new investment, like reopening a mine in South Korea in 2024.
Chinese fashion, beauty brands expand globally
Chinese beauty brands are also shining bright on the global market. Florasis, a cosmetic brand known for its traditional Chinese aesthetics and savvy social media marketing, has expanded to over 110 …
