Whether it can be sustained depends a lot on the real estate slump. Most household wealth in China is invested in property. These days, homeowners don’t feel rich. Gu and her husband each bought a…
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Exclusive: HSBC pulling back from China credit card business after struggling to expand
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second-largest economy, …
Trump’s Crypto Project Was a Bust Until Justin Sun Stepped In
Donald Trump’s crypto project, World Liberty Financial, was looking like a bust. The president-elect and his sons had been promoting its cryptocurrency for weeks, saying it would “make finance great …
Shiseido to focus on key brands to rebuild China business, group performance
Japanese cosmetics giant Shiseido says it will focus on its core brands over the next two fiscal years in a bid to turn its business around. Sluggish sales in China and at duty-free shops both…
‘It’s really quite good’: Chinese crypto entrepreneur eats banana he bought for $6.2m last week
The controversial artwork of a banana duct-taped to a wall, created by the Italian artist Maurizio Cattelan, was sold at a Sotheby’s auction in New York last week …
US’ plan to ban 200 Chinese technology companies; China’s responds with this warning
Tensions escalate as the US plans to impose new export restrictions on semiconductor technology to China, including blacklisting 200 Chinese chip companies. The Chinese commerce ministry strongly …
China to extend tariff exemptions for some US products to 2025
China will extend tariff exemptions for the import of some U.S. products until Feb. 28, 2025, the Customs Tariff Commission of the State Council said on Friday.
Crypto Scams and Failed Projects Most Prevalent in US, China, and UK: Report
A report shows that the US, China, and the UK lead in failed projects and crypto scams, emphasizing the need for tighter global regulations.
Self-healing lithium-ion battery that stretches 250% unveiled in China
Researchers at Jilin University in China have developed a stretchy and self-healing lithium … Lithium-ion batteries offer the highest energy density of any energy storage technology invented to date …
What Does The U.S. Import From Mexico, Canada And China?
Comments made by President-elect Donald Trump this week on more tariffs coming once he takes office have raised fears about a new trade war.
Self-healing lithium-ion battery that stretches 250% unveiled in China
Researchers at Jilin University in China have developed a stretchy and self-healing lithium … Lithium-ion batteries offer the highest energy density of any energy storage technology invented to date …
China’s next-gen BeiDou satellite system to ramp up rivalry with US-based GPS
Existing BeiDou system, used in telecommunications, transport, and natural resource management, has also been expanding its use in developing countries.
China’s next-gen BeiDou satellite system to ramp up rivalry with US-based GPS
Existing BeiDou system, used in telecommunications, transport, and natural resource management, has also been expanding its use in developing countries.