Fast-fashion retailer Shein’s profit slumped by almost 40% last year, putting further pressure on a potential initial public offering in the UK, the Financial Times reported, citing people it didn’t …
Tagged By business
Hong Kong and Singapore lead Asia’s drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US…
China urges US to stop weaponising, politicising economic and trade affairs
China will closely monitor the US actions and will take necessary measures to safeguard its own legitimate rights and interests, a Chinese Commerce Ministry spokesperson said …
In Malaysia, low-priced Chinese brands gain popularity in Western-dominated malls
Competitively priced products from China, coupled with Malaysia’s millions of ethnic Chinese residents and a growing middle class, help Chinese brands gain a stronger foothold Run the numbers, urged …
Trump Team Pushes Mexico Toward Tariffs on Chinese Imports
The Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump, according to …
Global brands get boost from pro-consumption policy
The expanded pro-consumption policy, which comprises measures such as subsidies for digital products and home appliances, is driving significant sales growth and deeper market engagement for …
How China’s sanctioned oil imports are rebounding despite global pressure
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the US sanctions on tankers involved in Russian and …
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.
Trump administration pushes out top China export policy official, sources say
The Trump administration has forced out a senior Commerce Department official overseeing export restrictions on China, three people familiar with the matter said.Matthew Borman is leaving his role as …
China’s largest bubble tea chain Mixue aims to raise $443M in Hong Kong IPO
China’s largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.
Mainland China courts rule crypto has no legal currency or protection status in investor dispute
China’s Jiangsu Provincial High People’s Court recently released information about a foreign-related case involving a 15.74M yuan cryptocurrency contract gone bad between Singaporean investor, Pan …
China: Manufacturers should make use of all legal means
Huawei’s boss asserts that China’s chip production is making progress. Xi Jinping wants to exploit all opportunities for market access.
China trade envoy raises “serious concerns” with US Treasury Secretary in first call
The talks came shortly after Trump imposed additional tariffs on imports from China over its alleged role in the deadly fentanyl trade, which Beijing has pushed back against. “Secretary Bessent …
