China has banned cryptocurrencies outright, and the West is looking to regulate them. India is taking a different approach: Tax them to death. One of the world’s most spectacular crackdowns on …
Tagged By export
Steel prices at premium as China quits export market
After lying low for the last two months, domestic steel prices are being quoted at a premium over imports as shipments from China are being delayed due to a sharp fall in their production. Domestic…
China smartphone brands such as Xiaomi continue to lead India market despite increased scrutiny, Canalys data shows
Chinese smartphone makers accounted for four of the top 5 players in the country in the second quarter, led by Xiaomi Xiaomi was slightly ahead of Samsung Electronics, with an 18 per cent share, …
The trade war within China
China has been battling local protectionism for just as long. Newspapers in 1991 were full of tales of “economic warlords” dividing China into “dukedoms” protected behind “bamboo walls”, recalls …
Why luxury brand Manolo Blahnik has waited 22 years to sell shoes in China
Luxury shoemaker Manolo Blahnik has won a 22-year legal battle in China over a trademark dispute and will now be able to use its own name in the country.The high-profile victory has paved the way…
Ray-Ban Looks To China’s Eyewear Market With New Ambassador
Ray-Ban has appointed Gen Z singer Liu Yuxin as its China ambassador. Will this bet on a young celebrity help it capture local eyewear shoppers?
HSBC says Communist party branch in China units have ‘no influence’
LONDON: HSBC Holdings said employees who form branches of the Chinese Communist Party (CCP) within private companies in China have ‘no influence’ on the running of the business, following media …
China’s First-Half VLSFO Exports Slip by 7%
VLSFO exports were 9.09 million mt, down by 7% from the 9.81 million mt seen in in the same period a year earlier.
Across China: Mexican companies rev up business ties with western China
Twenty-four Mexican companies will attend the 4th Western China International Fair for Investment and Trade (WCIFIT), held from Thursday to Sunday in Chongqing Municipality. “Mexico is China’s …
Here’s What Another China Lockdown Could Mean For The U.S. Economy
More Covid lockdowns in China would be “another headache” for the Federal Reserve in its battle against inflation, experts say, though global supply-chain bottlenecks are easing.
China snaps up over US$2 billion of Russian LNG as energy trade bucks economic downturn
China bought a total of 2.35 million tonnes of LNG – valued at US$2.16 billion – from Russia in the first six months of the year Except for Russia, all other major LNG suppliers to…
China’s Top Chipmaker Achieves Breakthrough Despite US Curbs
Semiconductor Manufacturing International Corp. has likely advanced its production technology by two generations, defying US sanctions intended to halt the rise of China’s largest chipmaker.Most Read …
In China, Didi Global Fined Over $1 Billion For Violating Data Security Laws: Report
China’s cybersecurity regulator reportedly imposed a fine on the ride-hailing giant ‘Didi Global Inc.’, bringing an end to a year-long investigation.