Most retailers moved into a wait-and-see mode in Q1 due to lockdowns. China’s retail market is expected to continue struggling through Q2 2022, with most cities having yet to relax from bringing back …
Tagged By export
Airbnb ends rentals in China to focus on outbound tourists
Airbnb began listings in China in 2016, but they have still accounted for only about 1% of company revenue in recent years.
Bitcoin and crypto prices are extremely volatile — What to do when they’re crashing
In 2021, actual developments hurt prices. China’s move to ban financial institutions from providing crypto-related services was a further clampdown, since the country had already banned crypto …
Chinese Social Media Weibo Bans Another Business Leader After He Questions China’s Zero Covid Policy
Weibo Corp (NASDAQ: WB) banned Trip.Com Group Limited (NASDAQ: TCOM) co-founder and Chair James Liang for alleged violation of laws, Reuters reports. The social media company neither elaborated on the …
China’s Gen Z Has the Power to Make or Break Western Brands
They’re China’s Generation Z and they’re shaking up shopping. The 270-million-strong cohort born since the mid-1990s is already flexing their power: they have the fastest spending growth out of any …
Oil steadies after choppy trade, U.S. says export ban not ruled out
Oil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China’s COVID-19 curbs.
Snap Plunges 40%, Slips Below IPO Price on Profit Warning
Snap Inc. plunged as much as 40% Tuesday morning, dipping below its initial public offering price after the social media company cut its revenue and profit forecasts as it grapples with a wide range …
Oil near flat after choppy trade; U.S. says export ban not ruled out
Oil prices were near flat on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China’s COVID-19 curbs.
Report: China Spends Billions of Dollars to Subsidize Favored Companies
Chinese industrial policy, according to a study by a Washington think tank, directs hundreds of billions of dollars every year to support domestic industry …
Oil little changed in choppy trade; U.S. says export ban not ruled out
Oil prices were little changed on Tuesday in choppy tradeafter the U.S. energy secretary said Washington has not ruled out export restrictions to lower fuel prices.
Hacks, Oil Deals, And Veiled Criticism: China-Russia Ties Continue To Morph After Ukraine Invasion
Despite official rhetoric about a “no-limits” partnership, three months of war in Ukraine shows the complications in the Beijing-Moscow relationship.
Uzbekistan Restarts Gas Exports To China
After halting natural gas exports to China earlier this year, Uzbekistan is again exporting gas through the Central Asia-China pipeline …
Fertilizer stocks set for further gains as China to extend export limits – BofA
saying China is set to extend export restrictions on domestic fertilizers through mid-2023. The initial limits were implemented in October 2021 as a way to bolster China’s agriculture industry …
