China’s newly implemented regulations that preside over tech firms operating in the country has also caused other firms to flee.
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China releases World Openness Report at import expo
China on Friday released the World Openness Report 2021, analyzing the global trends in opening-up, economic governance, global trade and investment. The report comprises 12 chapters, mainly on the …
Philip Hammond: Big finance’s move into crypto is unstoppable
China now plans to launch their digital fiat currency during … then suddenly”. Advocates of the crypto-sphere have flipped Hemingway’s adage to explain how acceptance of the new technology will …
Global manufacturers boost smart and green growth in China
The intelligent industry and information technology pavilion is one of the highlighted business exhibitions at this year’s China International Import Expo (CIIE). Low carbon, green and smart, these …
Jack Ma and Donald Trump: What led to China’s crackdown on Alibaba?
Alibaba’s government relations team was subsequently told by Chinese officials that Beijing was unhappy about Ma meeting Trump without its prior approval, two of the people close to the company said.
Things to know about the 4th China International Import Expo
Related: • Foreign firms should give credit to China’s increased openness • China’s import expo brings world towards brighter future • China will steadfastly advance high-le …
How British brands can benefit from Singles’ Day in China
Xueli, Jijie, and LiEr Baby should be as well known to British brands seeking to break into the Chinese market as Tanya Burr, Louise Pentland or Joe Sugg are to …
Prime rents in Hong Kong’s top shopping districts are down as much as 80% from their peak 8 years ago as luxury brands head to mainland China
Luxury brands have embraced setting up shopfronts in China as big-spending Chinese shoppers are stuck at home.
TikTok owner ByteDance bids farewell to ‘boundless’ expansion as Beijing tightens grip on Big Tech
ByteDance’s major reorganisation is a natural transition for the maturing business, as it weathers a tightening regulatory environment, said analysts.
China’s commitment to globalization strikes a chord with multinationals
The evolution of China’s opening-up policy is presenting new opportunities for the global business community, multinational executives attending the Four (CIIE) in Shanghai said. “We are excited and …
Xiaomi to roll out 20,000 new retail stores across rural China over next three years to drive smartphone ambitions
Xiaomi will roll out 20,000 more retail stores across mainland China over the next three years to expand its business in the country’s vast rural areas, while helping drive the company’s goal to …
China kicks off import expo in Shanghai
Companies and groups across the world are promoting their products at a large-scale trade fair taking place in the Chinese city of Shanghai.
Chinese COVID vaccine developer Clover raised US$240 million net proceeds in Hong Kong IPO
Chinese COVID-19 vaccine developer Clover Biopharmaceuticals said on Thursday it raised US$240 million in net proceeds in initial public offering (IPO) of shares in Hong Kong.Based on the offer price …
