Manufacturers are being hit by more challenges soon after recovering from the coal crisis that forced electricity rationing last autumn. China is the world’s largest or second-largest consumer and …
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CGS-CIMB upgrades Japfa to ‘add’ following listing plans of China dairy business
CGS-CIMB Group Research upgrades Japfa to an “add” rating with an increased target price from 65 cents to 81 cents …
US says no ‘red line’ for India’s oil imports from Russia
The United States will not set any “red line” for India on its energy imports from Russia but does not want to see a “rapid acceleration” in purchases, a top U.S. official said on Thursday…
China’s biggest messaging app WeChat suspends NFT accounts
In China, there is no regulation around NFTs yet. Users can buy these digital collectibles from a marketplace but secondary trading is heavily restricted.
China’s New Regulation on Market Entity Registration: What Does the Implementing Rule Say?
China’s new regulation and implementing rule streamlines market entity registration and administration and provides more clarity and regulatory uniformity.
Profile: Dutch flower planter grows business with China’s development
When Tim Scalongne’s plane touched down at the airport of southwest China’s Yunnan Province in 2004, the Dutchman never thought this would be the start of his decades-long experience with floriculture …
China’s WeChat bans NFT accounts; Zilliqa token soars
NFTs accounts banned from WeChat due to “crypto speculation”. Meanwhile, Zilliqa on the rise after Metapolis announcement.
Sanctions on Russia could eat away at the dollar’s global dominance and boost the use of crypto, IMF says
As countries turn to other currencies in international trade, “fragmentation at a smaller level is certainly quite possible,” Gita Gopinath told the Financial Times.
Lincoln is selling more vehicles in China than US: What led to increase
Lincoln now sells more of its luxury vehicles to Chinese buyers than American buyers. This is a powerful new development. The Chinese consumer in the car market is considered esse …
China’s tech crackdown leads to thousands of layoffs at Tencent, Alibaba, other firms
The once-freewheeling tech industry was long the main source of well-paid employment in China, but major companies are now reportedly downsizing at a scale not seen before as President Xi Jinping’s …
How the US-China Trade War Affected the Rest of the World
U pendin g a decades-long effort to reduce global trade barriers, China and the United States began mutually escalating tariffs on $450 billion in trade flows in 2018 and 2019. Th …
China’s Peacebird Invests in Designer Label 8ON8
It acquired a 20 percent stake in the label, founded by Central Saint Martins alumni Gong Li, for 10 million renminbi, or $1.57 million.
Revenue of China’s top liquor brand exceeds 100b yuan in 2021
China’s leading liquor maker Kweichow Moutai reported Thursday that its operating revenue reached 109.5 billion yuan ($17.2 billion) in 2021, up 11.71 percent year-on-year. It also saw its profit rise …
