European firms operating in China are feeling the negative impacts of Beijing’s “zero-COVID” policy, according to a business survey published Thursday.The European Chamber of Commerce in China said …
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China’s Covid rules batter business confidence: EU Chamber
“While the war (in Ukraine) has had an impact on European businesses operating in China, Covid-19 presents a far more immediate challenge and has caused a considerable drop in business confidence,” …
Plenty of Russian gas is flowing to China
Russia-to-China natural gas exports are rising despite what may have been an energy-related spat in late March. And after over a decade of delays, Russia finally completed its portion of a rail bridge …
UPDATE 1-USTR Tai says China tariff review will have ‘robust’ industry consultations
U.S. Trade Representative Katherine Tai said on Thursday her agency’s review of punitive tariffs on Chinese goods will be a “robust” consultative process that will collect a wide range of industry …
Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized Chinese Companies
The firm has until May 25 to dispute its inclusion on the list, which could eventually see it delist from the Nasdaq.
China’s U.S. Ambassador Takes Issue With Pew Research, “Very Optimistic” In Interview
I’ve met people of different communities” in the U.S., said Ambassador Qin Gang. “Nobody told me that they don’t like China. Most of them told me that they were interested in China. They wished …
Indian consumer brands set to hike prices by 5-7% amid shipments delays
Consumer electronics manufacturers on Thursday said that owing to hike in raw material costs and shipment delays amid lockdowns in China, they have no option but to increase prices of consumer goods …
Kontoor Brands, Inc. (KTB) CEO Scott Baxter on Q1 2022 Results – Earnings Call Transcript
Q1 2022 Earnings Conference Call May 05, 2022 08:30 AM ET Company Participants Eric Tracy – Senior Director-Investor Relations Scott Baxter – …
Moncler Shares Fall on New Strategy for Grenoble, Genius Brands
During the group’s Capital Markets Day, chairman and CEO Remo Ruffini said Moncler will also invest in building its footwear category.
China rolls out measures to support small firms, export sector, as top leaders vow to stick to zero-COVID policy
China mapped out a slew of measures to relieve difficulties for micro enterprises and individual businesses, as well as help export companies to cope with challenges, officials said at a State Council …
U.S. considers imposing sanctions on China’s Hikvision
Experts say the possible sanctions would increase tensions with China. “Putting Hikvision on the SDN list, if that is indeed what they are planning to do, is a significant escalation,” said Emily …
China to introduce greater support for smaller businesses and self-employed households, stabilize and upgrade foreign trade
China will provide greater relief to micro, small and medium-sized enterprises (MSMEs) and self-employed households, to promote employment stability by keeping the operations of market entities stable …
Beijing residents return to work as China doubles down on ‘zero-COVID’ policy
Beijing residents tentatively returned to work on Thursday as China pledged to fight any criticism of its uncompromising “zero-COVID” policy.
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