Large international consumer brands have invested heavily in China in recent years to penetrate a market abundant in voracious spenders. The European Chamber of Commerce in China said on Thursday …
Tagged By export
China’s alumina exports to Russia surge after Ukraine invasion
China’s alumina exports to Russia have skyrocketed since the Russia-Ukraine war broke out. That may bring Moscow a degree of relief. Russia’s two key suppliers of the metal, Ukraine and Australia, …
China Xiangtai stock gains premarket on deal for 6.1 MW crypto mining capacity
China Xiangtai Food (BTOG) stock rose 4.8% premarket on Thursday after the firm inked a hosting deal with Horizon Mining to secure cryptocurrency mining capacity of up to …
China’s second-biggest gaming company is opening a U.S. studio led by an MMO veteran
China’s #2 games company NetEase is opening a new studio in … franchise head Toshihiro Nagoshi announced he would be departing the company to create a brand new studio under NetEase. Nagoshi Studio …
China Lockdowns Could Evolve As A ‘Demand Problem’ For Apple, Says Analyst
A renowned Apple Inc. (NASDAQ: AAPL) analyst on Wednesday suggested that the China COVID-19 lockdown situation could evolve more as a demand problem for the iPhone maker than as a production issue.
Apple iPhone 14 production may see delays as Foxconn stops hiring due to China lockdown
While the Apple iPhone 14 series is still months away from launch, the company’s next gen iPhone lineup might already be seeing issues in its production after one of the brand’s major suppliers halts …
World needs multilateral chip tech export bans to hurt China: think tank
Sanctions on transfer of chipmaking tech to China might be driving more offshore chipmaking, and therefore failing to achieve strategic goals. That argument is the central theme of a policy brief …
Solar industry ‘frozen’ as Biden administration investigates China
A monthslong halt on imports from the four countries could have … filed a petition requesting an inquiry into whether China was circumventing rules intended to prevent state-subsidised solar …
Debate sparks over China’s interest in Australian election
Australia’s defense policy debate heated up when the defense minister said there was evidence that the Chinese Communist Party wanted Australia’ Defense Minister Peter Dutton said Thursday the …
Across China: China’s Jiangxi helps foreign firms weather epidemic-induced woes
NANCHANG, May 5 (Xinhua) — Despite the impact of COVID-19, Fresenius Kabi (Nanchang) Medical Devices Co., Ltd., a German-funded company in east China’s Jiangxi Province, maintained steady expansion, …
China’s services activity plunges as zero-Covid drags
BEIJING, May 5 — China’s services sector activity slumped in April to … Supply and demand “contracted severely” and the gauge for new export business fell to its lowest since April 2020. “Some …
Biden’s China Policy Is Poised for Re-Airing, Not a Refresh
(Bloomberg) –The unveiling of President Joe Biden’s detailed strategy toward China — delayed by internal deliberations … to undercut inflation at home by lifting tariffs on Chinese imports, …
China’s Communist Youth League the latest state-backed group to embrace NFTs, with tokens marking its centennial
Separately, China’s prestigious Peking University issued 20,000 digital collectibles in the form of alumni cards to commemorate May 4 as well as the school’s 124th anniversary. NFTs, digital assets …