China Evergrande’s top creditor has trimmed its loans to the nation’s most-indebted developer to assuage investors, a sign lenders have started to raise their guard against default risks.
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Sources: Hong Kong delivery service Lalamove files for $1b US IPO
Also known as Houlala in China, Lalamove currently has more than 700,000 driver-partners in 20 countries across Asia, Latin America, and the US.
China May Open Up to More Foreign Cotton After Xinjiang Ban
China looks likely to allow more cotton imports than usual this year after a U.S. ban on fiber from Xinjiang spurred some Western retailers to avoid material produced from the controversial region.
U.S. bans imports of solar panel material from Chinese company
The Biden administration on Wednesday ordered a ban on U.S. imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co over forced labor allegations, said two sources briefed …
Mining bitcoin could be about to get a whole lot easier after China’s crypto crackdown
According to reports, more than 90% of China’s bitcoin mining capacity is estimated to be shut down. Though it may not be good news for bitcoin miners in China, others could stand to benefit. With…
China’s crypto-miners look abroad as regulators tighten noose
A prefecture in northwestern China’s Xinjiang region ordered a halt on cryptocurrency mining projects this month.
The brand opportunity in China’s influencers over 50
In China, there has been a growing number of senior influencers across popular social platforms including Douyin and Little Red Book.
China Stock Market Due For Consolidation On Thursday
The China stock market has finished higher in three straight sessions, advancing more than 40 points or 1.2 percent along the way.
Yili Remains China’s Most Chosen Brand, Reaching over 90% of Households for Six Consecutive Years
Kantar Worldpanel released the Asia Brand Footprint Report 2021, a leading study that reveals the brands most favored and purchased by consumers in Asia. This year, Yili, with a brand penetration …
‘Beauty for all travellers’: Valentino Beauty among new brands L’Oréal will be launching in Hainan to drive growth
Valentino Beauty will be among the new brands that L’Oréal’s will debut in Hainan, China, as it continues to invest into the lucrative holiday destination.
DTC and the disruptor: The marketing advantage for China’s brands
The importance of direct-to-consumer or DTC marketing in China is growing, but Qumin’s Arnold Ma says cutting out e-commerce platforms completely is risky.
Coking coal defies China bid to keep control of commodity costs
China is relatively self-sufficient in coking coal, unlike in most other commodities, with domestic mines supplying about 80 per cent of its needs. But the scale of its steel industry means that it …
China’s Crypto Crackdown Could Amplify Concerns Over Financial Privacy
Wealthy Chinese individuals understand the importance of safeguarding their financial privacy and assets, says Micha Emmett, the CEO of CS Global Partners. “Investing in second citizenship remains a …
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