Economists polled by Bloomberg have forecast a year-on-year drop of 7 per cent in the dollar value of China’s imports in November and a 4.4 per cent dip in imports, both of which would mark…
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First train service with blockchain technology offers efficiency to China-Laos railway line
located in Southwest China’s Sichuan Province, on Sunday, before heading to Vientiane, capital of Laos, marking the first time blockchain technology was applied to the international intermodal chain.
Hong Kong Polytechnic is now offering MSc in Blockchain technology
Applications are currently being accepted for the Master of Science in Blockchain Technology program at Hong Kong Polytechnic University for the September …
Manufacturing orders from China down 40% in unrelenting demand collapse
Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.
The Week in Business: Upheaval in China
The labor market showed continued resilience. President Biden signed legislation averting a rail strike. And a near-total embargo on Russian oil takes effect.
Guangdong exporters endeavor to explore new markets amid growing headwinds
Facing a complex and volatile international situation, foreign trade enterprises in South China’s Guangdong Province, one of the country’s manufacturing hubs, have actively stepped up measures …
China’s internet sector R&D spending logs robust growth in Jan.-Oct.
China’s major internet enterprises saw their spending on … according to the Ministry of Industry and Information Technology. The combined business revenue of major internet companies and related …
FTX: inside the crypto exchange that ‘accidentally’ lost $8bn
As FTX, the crypto business led by the 30-year-old … A person who frequently visited the group’s Nassau offices said the Chinese wall was non-existent, with staff from the two companies sitting and …
Apparel exports to China rise
BEIJING: Pakistani men’s apparel exports to China reached $21.03 million, up more than 17%, in the first 10 months of 2022 as compared with the same period in 2021, according to …
‘De-Japanify’: China milk tea brand Nayuki loses Japanese-sounding name amid rising nationalism and anti-Japan sentiment
A well-known Chinese milk tea brand has removed once popular Japanese elements from its name after several other domestic brands took similar action amid rising nationalism on the mainland in recent …
How China’s response to zero-COVID protests may affect global business
The recent protests in China against the country’s zero-COVID policy have been unprecedented in their scale, intensity and distribution. Protestors numbering in the thousands were reported in dozens …
‘Xi appears weak’ Jinping sent warning after U-turn to ease Covid restrictions in China
With sudden lockdowns having already dented the confidence of foreign investors, protests have now moved beyond disaffected youth to factory workers which may impact key Chinese exports of things like …
Why diversification from exporting to China must be a deliberate choice
OPINION: China’s sluggish economy means that 2022 is set to be its second-weakest year for GDP growth since 1976.
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