China’s imports of fossil fuels from Russia soared in August, as Beijing moves to reap the benefits of a plunge in European buying and tumbling prices for Russian oil …
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China to Expand Trials of e-CNY by Bringing it to Over 360M New Users
Fan Yifei, the deputy governor of The People’s Bank of China (PBOC) said that they are planning to expand the trials of the digital yuan. The expansion of the trial is expected to take place…
U.S. decides against national security tariffs on rare earth magnets from China, Japan, EU
The decision avoids a new trade fight with Beijing, as well as with Japan, the European Union and other countries that export the magnets or have hopes of doing that to meet an expected upsurge…
Why China’s Startup Investors Depend on U.S. IPOs
China’s tech startups have received billions in private financing over the past two decades, with some of those companies going on to make warmly received public market debuts. In 2014, Alibaba had …
China Crawls Back Into the Global Crypto Adoption Index Top 10 List
According to an analysis by BanklessTimes.com, China Crawls is reentering the Global crypto adoption index top 10 list. Jonathan Merry, the CEO of BanklessTimes, spoke on the report. “There are …
Maiden Vietnamese Durian Imports Enter China; First Fruit From ASEAN Since RCEP Formed
Weighing in at 18.24 tons, the fruit arrived in Youyi Guan, Guangxi Zhuang Autonomous Region, and cleared customs two days ago. Valued at CNY512,400 (USD72,755), they were the first fruits shipped to …
Product-on-demand: China’s new DTC brands aren’t just faster, they’re changing the game
A new wave of Chinese direct-to-consumer (DTC) brands, such as Shein and Anker, have gone stratospheric in the last couple of years. For The Drum’s e-commerce deep dive, EPAM Continuum’s Miro Jin …
China Runs Down Oil Stockpiles as Market Eyes Big Export Quotas
China has begun running down its crude oil stockpiles, which could signal that refiners are getting ready to boost fuel exports as part of the government’s efforts to revive the economy. Most Read …
Asia LNG prices stabilise as China expands imports of cheap Russian supply
SINGAPORE – Prices of liquefied natural gas (LNG) are levelling out in Asia thanks to a move by China to buy less on the global market and more from Russian sellers desperate to strike deals…
China’s BYD to launch new SUV in Thailand, in effort to spark the country’s electric car market
One automotive journalist believes BYD’s launch of the Atto 3 next month in Thailand will transform the image of Chinese car brands in the country.
2021/22 China cotton import analysis: shares of U.S. cotton over 50%
In 2021/22 season, China mainly imported U.S. cotton, Brazilian cotton and Africa Franc Zone cotton. Import volumes of U.S. cotton totaled 999.2kt, down 196kt or 16% year on year, that of Brazilian …
Russia’s surging oil exports to China in August fail to keep Saudis down
China’s crude oil imports from Russia in August surged 28% from a year earlier, official data showed on Tuesday, but it handed back its top supplier ranking to Saudi Arabia for the first time in…
Zero-Covid harming 75% of European firms in China: business group
China’s “inflexible” and “inconsistent” zero-Covid policy is crippling European business operations in the country, a major business lobby said Wednesday, warning that the presence of the companies …
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