Police in China arrested 63 people accused of laundering as much as 12 billion Chinese yuan ($1.7 billion) via cryptocurrency Tether.
Tagged By export
China-imports 90% of bilateral trade
The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 …
Japan to Join US Effort to Tighten Chip Exports to China
Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery to China, according to people familiar with the matter, a …
China demands tech companies censor social media ‘likes,’ posts amid nationwide protests
Authorities in China are tightening regulation of social media likes and comments this week to stamp out protests against the communist party s strict COVID-19 lockdown restrictions months after …
China suspends imports of Taiwan Beer & certain alcoholic drinks
No more beer exports. According to CNA, the General Administration of Customs of China suspended the imports of popular brands of Taiwanese beer and other alcoholic beverages, inc …
LVMH’s ‘Guochao’ Beauty Brand Cha Ling Crashes Out Of China Market
LVMH’s Chinese tea beauty brand Cha Ling has shuttered its physical doors and official WeChat store as part of its new business strategy.
Credit Suisse’s Greater China CEO to leave bank this week – memo
Carsten Stoehr, Credit Suisse’s chief executive for its Greater China business, is leaving the bank, according to an internal memo seen by Reuters, as it undergoes a global overhaul with big layoffs.
Russia’s logistic logjam worsens in winter, curbs coal exports to China
Infrastructure bottlenecks in Russia worsened with the winter season as rising demand for Asia-bound cargoes amid European sanctions on Moscow led to rail jams and worsened prospects for coal sales to …
Geely’s premium EV brand Zeekr seeks over $1B in U.S. IPO, report says
Zeekr launched its first model, the 001 crossover, last year, aiming to tap into increasing Chinese demand for premium EVs.
Exclusive-Zeekr, a premium Geely electric car brand, seeks over $1 billion in U.S. IPO – sources
Zeekr, one of Chinese automaker Geely’s upmarket electric car brands, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion, three sources with direct …
Asian markets extend Wall St losses; China COVID cases rise
Shares slipped in Asia on Monday after last week’s decline on Wall Street, while signs of a surge in coronavirus infections in China suggested progress may be bumpy as it rolls back its “zero-COVID” …
Exclusive-Geely’s Premium Electric Car Brand Zeekr Seeks Over $1 Billion In U.S IPO – Sources
In what would be the first major Chinese float in the United States in more than a year and a half, Zeekr is seeking a valuation of more than $10 billion, two of the sources…
China: Amid Zero Covid rollback, Chinese businesses hit by new Covid-19 surge
Wuhan: As China wraps up its draconian Zero Covid policies, the Chinese population is facing a surge of Covid-19 cases amid a new wave of the coronavirus pandemic. This new jump in the number of…
