U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking oil, worth almost $390 million in the last 12 months and growing rapidly, China’s customs data…
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US venture capital firm GGV Capital to separate China business amid geopolitical tensions
Its Asia partnership, headquartered in Singapore, will focus on China, South-east Asia and South Asia. Read more at straitstimes.com.
China’s EU relations have downshifted, and cheap cars are driving the change
Amid mounting talk in Europe of ‘de-risking’ from China, coupled with the unstoppable rise of Chinese electric-vehicle makers, German carmakers may be losing their say in the EU’s economic policy.
EU trade chief seeks more balanced economic ties on China visit
Europe’s trade chief will push Beijing for fewer restrictions on European businesses on a four-day visit to China, when he can expect tough conversations over a planned EU investigation into electric …
Shein shifts shipping strategy to bring China-made goods closer to US shoppers
E-commerce giant Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers, according to data from global trade analysis firm …
China suffers worst capital flight in years, but could it pump Bitcoin?
Bitcoin (BTC) could see substantial inflows from China within the next few months, argues Matrixport’s head of research Markus Thielen.
Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks
In 2020, regulators took over Xinhua Trust and New Era Trust — two of China’s 68 licensed trust firms at the time — for what it called “illegal business operations.” Three years later, Xinhua became…
China’s Economic Worries Spur a Different Kind of Shopping Spree
China’s economy is struggling, but one line of business is booming: selling insurance in Hong Kong to travelers from mainland China. In recent months, mainland tourists have packed the offices of Hong …
US Firm AXT Says China Unit Has Initial Export Permits for Key Chipmaking Metals
BEIJING (Reuters) – U.S. semiconductor wafer maker AXT Inc said its Chinese subsidiary Beijing Tongmei had received initial export permits for shipping gallium arsenide and germanium substrates – …
Vivek Ramaswamy rolls out trade policy to separate US from China
Republican presidential candidate Vivek Ramaswamy laid out his trade platform at a Thursday speech in Ohio, touting it as a declaration of economic independence from China that will revive …
Hong Kong investigates popular crypto firm for fraud
About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong’s metro.
China’s Ultra-Rich Gen Zs Flock Home as Global Tensions Rise
For years, the Harvard College China Forum brought business moguls en masse to the university’s oak-paneled rooms, including Alibaba Group Holding Ltd. founder Jack Ma, Xiaomi Corp.’s Lei Jun, …
China’s cryptocurrency-mining crackdown spreads to Sichuan – Reuters.com
REUTERS/Edgar Su/Illustration Acquire Licensing Rights SHANGHAI/HONG KONG, June 19 (Reuters) – China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where …