Outlooks for Western economies are declining, lowering forecasts for Chinese exports Consumers in China also becoming more risk averse, analysts say China’s trade and domestic consumption are unlikely …
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Biden faces growing pressure to nix Trump’s tariffs on China as inflation keeps raging
One analysis indicated that removing many of the tariffs would yield $797 in savings for households — or just over half a 2021 stimulus check.
Export prices of broken rice to China up from Myanmar’s Muse gate
Export price of broken rice from Myanmar’s Muse gate to China has risen about 9 per cent after the driver substitution rule was eased on May 16, Min Thein, Vice Chair of Muse Rice Wholesale…
U.S. rips China’s Russia support
China’s support for Russia’s war in Ukraine is complicating U.S.-Chinese relations at a time when they are already beset by rifts and enmity over numerous other issues, U.S. Secretary of State Antony …
China offers a first step, but hostilities remain on both sides
While then foreign minister Marise Payne was clumsy in pushing this in a rare TV interview, China’s behaviour has largely quelled complaints by business leaders and Labor premiers that Canberra was …
China’s digital economy grows rapidly in 2021
With a nominal growth of 16.2 percent year on year, China’s digital economy grew rapidly in 2021 to become a leading force in economic development, Xinhua News Agency reported on Saturday, citing …
China used ‘debt trap diplomacy’ to gain control over Sri Lanka: Think tank
An independent foreign policy think tank said this Saturday after Sri Lankan PM Ranil Wickremesinghe resigned making way for an all-party cabinet to assume control of the country …
Ice cream in China doesn’t melt, comes under fire from netizens, sparks investigations
An ice cream brand in China, Zhong Xue Gao (钟薛高), or Chicecream, has come under fire after some consumers realised that one of its popsicles seemingly does not melt, even when intense heat is applied.
Ice cream scandal in China as popular Mao-tai brand reaches $52 a cup
The price of ice cream made by China’s most famous brand of baijiu liquor, Mao-tai, has surged to 250 yuan (S$52) a cup, triggering public debate over the high price.Mao-tai ice cream reported on …
The rise of China’s domestic cosmetic brands
The rise of Chinese beauty (C-beauty) brands has shocked foreign companies, which have long dominated China’s cosmetic market. In only a few short years, Estée Lauder, P&G, Beiersdorf, and other large …
China’s ice cream pricing scandal: debate rages online as Mao-tai brand products reach US$37 a cup
Each cup of the ice cream is selling for up to US$37, a mark up of four times the official price China’s growing ice cream market was worth 160 billion yuan (US$24 billion) in 2021…
Simon Birmingham suggests China could improve relations with world short term by speaking up against Russia’s invasion
A shadow minister believes one “game changer” move from China on the Ukraine invasion could see its relationship improve “short term” with the rest of the world.
China Consumer 2022 | How British Brands can win in China
With a high propensity to consume and a booming digital market, China has the power to transform businesses, and success with China means jobs and prosperity across the UK.” He said that although …
