JPMorgan chief executive Jamie Dimon has warned investors need to brace themselves for an economic “hurricane”—predicting market volatility as the Fed implements its policy of “quantitative …
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Amazon to Pull Kindle Business Out of China Next Year
The online retailing giant says in a statement that it will discontinue its Kindle e-book store in China on June 30, 2023.
China Pushes Ahead With Plan to Cut Reliance on Iron Ore Imports
China’s top economic planner said this week that it met with iron and steel industry groups as part of plans to reduce the country’s dependence on foreign iron ore — over the next couple of…
Amazon Will Pull Kindle From China
E-commerce giant Amazon is discounting sales of its Kindle in China, the latest retreat of a western tech giant from the country. Amazon said government pressure or censorship wasn’t the reason for …
Amazon to close Kindle bookstore in China
US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.
China’s Logistics Gauge Recovers in May Amid Ebbing Covid-19 Outbreaks
China’s logistics market rebounded rapidly last month as the most recent wave of Covid-19 outbreaks was increasingly brought under control. China’s logistics prosperity index rallied by 5.5 percentage …
Journalist detained in China denied chance to speak to family, partner says
Since the trial, Chinese authorities have deferred announcing a verdict. Cheng, 46, had worked as a business journalist for Chinese state broadcaster China Global Television Network. Speaking about …
Can Russia Rebuild Its Tech Sector with China’s Help?
The far-reaching export controls the United States and others imposed in response to Russia’s further invasion of Ukraine were meant to have long-term …
China to take necessary measures to protect domestic firms from U.S. blacklist – Commerce Ministry
China’s commerce ministry said on Thursday it will adopt necessary measures to protect the legitimate interests of Chinese companies after the U.S. said it was …
China’s Ant names Hong Kong bourse boss as independent director in board reshuffle
Ant Group, the Chinese fintech giant controlled by billionaire Jack Ma, has appointed Hong Kong Exchanges and Clearing chairman Laura Cha as an independent director in a recent board reshuffle, …
China’s Sunwoda to Enter Cylindrical Lithium Battery Business With USD344 Million Investment
Chinese electric car battery maker Sunwoda Electronic is planning to step into the cylindrical lithium-ion battery business by building a CNY2.3 billion (USD343.8 million) plant in southwestern …
China Warns New Zealand Against Squandering Trade Relationship
The statement by Wang Xialong, China’s ambassador to New Zealand, comes as Wellington increasingly sides with the U.S. and Australia in trying to limit Beijing’s influence in the region.
China Reminds New Zealand Not to Take Positive Brand For Granted
Beijing has reminded Wellington of New Zealand’s reliance on China as a trading partner, saying the South Pacific nation’s positive clean, green brand shouldn’t be “taken for granted.” …
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