Gucci continues to suffer from repeated Covid-19 lockdowns in China, where Kering SA’s biggest brand has a greater exposure than other luxury labels. Sales at the Italian fashion brand rose 4% on a …
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China’s expansion of palm oil imports to boost Indonesia’s export values, says minister
China’s pledge to increase crude palm oil (CPO) imports from Indonesia would significantly help boost the latter’s export values and raise the price of fresh fruit bunches (FFB), Indonesia’s …
COLUMN-China in risky bet to test its power in iron ore markets: Russell
Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the short-term oscillations a longer-term battle is looming. LAUNCESTON, …
India’s imports from China increased 29 per cent in 5 years: Centre in Parliament
On whether the Government is taking measures to reduce dependence on imports from China, especially since the mid-2020 Galwan clash, MoS Anupriya Patel stated replied the Government has launched …
China CNOOC taps shale oil in South China Sea exploration well
SINGAPORE, July 28 (Reuters) – China’s CNOOC Ltd (0883.HK) has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale …
Covid: China places one million under lockdown in city of Wuhan
The strategy has helped Wuhan and other areas in the country to keep the number of cases in check, but harsh lockdowns during major outbreaks and the fear of potential repeated curbs whenever new …
China’s expansion of palm oil imports to boost Indonesia’s export values: minister
China’s pledge to increase crude palm oil (CPO) imports from Indonesia would significantly help boost the latter’s export values and raise the price of fresh fruit bunches (FFB), Indonesia’s …
Will South Korea join US-led chip alliance ‘Chip 4’, and risk business ties with China?
The US-led partnership includes South Korea, Japan and Taiwan is seen by Beijing as Washington’s plot to exclude China from semiconductor value chains Seoul is key to Beijing’s semiconductor …
Economic worlds collide in China
However, if that happens, China will compound a growing belief it is becoming a business risk. There are multiple reasons for China’s problems, with private ownership of property (alien to the core …
Fortescue juggles China, COVID, costs and climate
Departing Fortescue chief executive Elizabeth Gaines leaves big shoes to fill, and a series of key challenges for her successor.
China banks rush to raise debt as slowdown hikes potential bad loans
A record amount of fresh money has come from financial markets in China, with banks selling 29% more bonds in the first half of the year compared to last year …
China’s industrial profits rebound in June though headwinds remain
Profits at China’s industrial firms bounced back to growth in June after two months in the red, underpinned by the resumption of activity in major manufacturing hubs, but fears of a COVID-19 …
The US is ‘asleep at the switch’ on China buying up American farmland: Rep Chip Roy
The head of the U.S. Securities and Exchange Commission (SEC) said Wednesday that he will not send public accounting inspectors to China or Hong Kong unless Washington and Beijing can agree on …
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