A Shanghai food distributor seeking to list in Hong Kong has come under scrutiny for its ability to profit off China’s Covid lockdowns, after a listing prospectus touted how earnings margins soared as …
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US Customs finds dangerous invasive species on board ship from China
A sea vessel that had originated in China was found to contain Asian gypsy moth (AGM) egg masses during an inspection at a port in Louisana recently.
Louis Vuitton debuts first China restaurant in Chengdu as luxury brands target spending power in lower-tier cities
Luxury brands are putting more effort into so-called new first-tier cities, where housing prices aren’t as high and consumers have more disposable income, an analyst says …
Are governments the biggest crypto whales? China holds more Bitcoin than Microstrategy
As of November 3rd, the circulating supply of Bitcoin – the largest cryptocurrency by market capitalization – stood at 19.1 million. Interestingly, a decent …
Why Western leaders are warily watching the German leader’s trip to China
As German Chancellor Olaf Scholz heads to China to meet with President Xi Jinping on Friday, he is under political pressure at home, and from Washington, to rethink Berlin’s relationship with Beijing.
CGTN: China embraces better business environment with higher standard opening-up
“Promoting high-standard opening up” is stressed in a report to the 20th National Congress of the CPC, which said China should “steadily expand institutional opening up with regard to rules, …
Despite ban, Chinese Gov crypto Holdings Outrank MicroStrategy’s investments
MicroStrategy is world’s largest corporate owners of the Bitcoin cryptocurrency which are total of 130,000 bitcoins by the end of this year.
China looks to draw more foreign capital during Shanghai import trade fair, revive fortunes of annual event after Covid woes
CIIE will reflect the positive role of foreign companies in upgrading China’s industrial mix and spurring social development, say organisers.
China’s high-tech industry gets more love from overseas investors
Pharmaceutical Co., Ltd. in north China’s Tianjin, Sept. 22, 2022. (Xinhua/Li Ran) BEIJING, Nov. 3 (Xinhua) — China’s high-tech industry is gaining international popularity despite the deteriorating …
Tesla price cuts are resulting in cancellations for China EV brands
Tesla’s recent price cuts in China are reportedly resulting in “significant cancellations” for Chinese EV brands.
China to set up 29 new demonstration zones for import promotion
Ahead of the opening of the 5th China International Import Expo (CIIE) in Shanghai, China announced on Thursday that it will establish another 29 demonstration zones to promote imports, underscoring …
Listed companies’ profits up 2.46% in first 3 quarters, hitting $659 billion
China’s listed companies raked in 4.75 trillion yuan ($659 billion) of net profit in the first three quarters of this year, up 2.46 percent year-on-year, data from the China Association for Public …
Import expo boosts China’s high-standard opening-up
The past few years have been full of opportunities for global exporters, as China’s appetite for seafood has grown continually. It was this fact that prompted Thorud and his peers to gravitate to the …
