Though overall consumption remains soft in China, sales of foreign brands are strong on cross-border e-commerce platforms and in the duty-free shopping hub of Hainan as more Chinese spend locally.
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Experts See China Stuck in a Slowly Evolving Covid-Zero Loop
After conquering Covid-19 for almost two years with a zero-tolerance approach, China is now in the midst of its worst wave since the initial outbreak in Wuhan. Having breached what’s arguably the …
Eli Lilly Cancer Drug Developed in China Gets FDA Rejection
The FDA sent Eli Lilly back to the drawing board Thursday, but it might not be worth the hassle. Regulators rejected a lung cancer drug …
U.S. trade office excludes some China auto parts from tariffs after review
The list of reinstated product exclusions covers several auto parts such as switches designed for use in vehicles, rearview mirrors, cooling pumps for internal combustion engines and position or speed …
Chinese companies to stop business with Russia, despite China pressure
Chinese companies DiDiChuxing and Hong Kong-based Lenovo have announced that they will cease their businesses in Russia although the Chinese authorities are pre …
5 Ways Luxury Brands Can Win China’s ‘Common Prosperity’ Push
China’s “common prosperity” push has forced luxury brands to adapt to a “new normal.” Here are five ways they can adapt to this new environment.
Trade office releases list of exemptions from Chinese import tariffs
The US Trade Representative office provided tariff exemptions for 352 product categories, following requests for exemptions from China import tariffs across 549 categories.More …
China to Ramp up Arms Exports to Pakistan
China has decided to increase its arms exports to Pakistan and take a major leap in its defense cooperation with Pakistan, initiating sale of arms ranging from stealth fighters to submarines, a move …
China urges U.S. to remove all additional tariffs imposed on its goods
China on Thursday urged the U.S. to remove all the additional tariffs imposed on China’s goods and put Sino-U.S. bilateral trade and economic ties back on the right track. Shu Jueting, the …
COVID Lockdowns In China Dampen Oil Demand Outlook
China is fighting the worst Covid outbreak since 2020, and analysts are considering a revision of their oil demand forecasts as refineries reduce run rates and lockdowns hurt consumption …
Investors in China Should See Russia’s Current Situation As a Warning
Investors are waking up to the risks of investing in authoritarian states. That applies to China too, write Isaac Stone Fish and Seth Kaplan.
U.S. trade office excludes some auto parts from China tariffs after review
The list of reinstated product exclusions covers several auto parts such as switches designed for use in vehicles, rearview mirrors, cooling pumps for internal combustion engines and position or speed …
China may not reach 5.5 pc projected economic growth, amid Ukraine crisis, COVID resurgence
China might not be able to reach its recently announced ambitious goal of 55 per cent economic growth in 2022 in the wake up of the Russia-Ukraine war and a r …
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