HEFEI, May 25 (Xinhua) — German automaker Volkswagen’s Chinese joint venture Volkswagen Anhui recently began working on a new project for making new energy vehicle (NEV) parts, with an investment of …
Tagged By export
China Reaches Quarantine Deal to Import Brazilian Corn
China’s customs authority has signed an agreement with Brazil to allow imports of Brazilian corn, the ministry of commerce said on Tuesday, as the governments of both nations seek to boost trade ties.
China launches world’s first giant floating fish farm
“These benefits are largely supported by a few prominent exporters, including China and Russia, who export a greater quantity of nutrients from fish, as well as tonnage and value, than they import.” …
China’s PSF imports from Southeast Asia and Africa in Jan-Apr, 2022
PSF exports of China were 89,500 tons, up 10.12% year on year and up 7.9% month on month, and imports were 7,100 tons, down 47.08% year on year and 17.92% month on month. In Southeast…
China’s retail market not out of the woods yet for Q2
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 …
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 …
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