China’s major internet enterprises saw their spending on research and development (R&D) resume a double-digit expansion in the first 10 months of 2022, official data showed. During this period, R&D …
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China’s e-commerce market is changing as big players such as Alibaba adjust to thrifty consumers amid leaner times
China’s online consumer market is moving from a previous structure dominated by Alibaba Group Holding to a more diversified warring state as consumers become more thrifty amid an economic downturn.
China services activity shrinks further in November- Caixin PMI
China’s services sector contracted sharply in November, a private survey showed on Monday, as rapidly rising COVID-19 cases invited more lockdown measures and further disrupted economic activity. The …
Asian stocks up, dollar down as China eases more Covid measures
Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict Covid containment measures in China that have hammered the world’s number-two economy. The moves helped …
Business seen as key ally in green push
Private enterprises can play a key role in leading the green transformation in the Asia-Pacific region, with more support needed to take care of the financial needs of smaller businesses, a forum has …
Becoming ‘the next China’ won’t save India from 2023 economic slowdown
It’s hard to see 2023 as a great year for the urban middle-class as global tech-industry layoffs affect jobs and capital availability for startups. Rural demand is anyway sluggish’ …
China Carmakers Are Ordering Their Own Ships to Get Export Ready
Two of China’s biggest automakers are so determined to ensure their cars make it from factories on the mainland to anyone who wants to drive them they’ve bought their own ships.
China services activity shrinks to 6-month lows – Caixin PMI
BEIJING : China’s services activity shrank to six-month lows in November as widening COVID containment measures weighed on demand and operations, a private-sector business survey showed on Monday, …
China’s Services Slump Extends Into Third Month, Caixin PMI Shows
China’s services activity contracted for the third straight month in November, hitting a six-month low, as prolonged Covid-19 containment measures battered consumer-related businesses and dampened …
2 sci-tech innovation IPOs given the greenlight
China’s securities regulator has approved the initial public offerings (IPOs) of two companies on the science and technology innovation board. Sichuan Biokin Pharmaceutical Co., Ltd. and SWS …
Most crypto companies will ‘crash’ after years of industry Ponzi schemes: Palantir co-founder
More crypto companies are going to fall to Ponzi scheme-style bankruptcy, but cryptocurrency will remain a crucial tool for exchange funds globally, according to one venture capitalist.
Are crypto miners losing faith in Bitcoin? Over 10K BTC dumped
The ongoing crypto winter has been harsh for everyone involved in the overall DeFi space. However, it has been specifically challenging for miners who are …
Why diversification from exporting to China must be a deliberate choice for NZ
OPINION: China’s sluggish economy means that 2022 is set to be its second-weakest year for GDP growth since 1976.
