Strategic Deal Further Diversifies Business HONG KONG, July 28, 2021 /PRNewswire/ — China Natural Resources, Inc. (NASDAQ: CHNR) (the “Company”) announced today that it …
Tagged By export
Expect More Crackdowns From China—and Risks for Investors
The risks of investing in China are front and center as Beijing tightens control over its biggest companies and the U.S-China relationship continues to fray.
China Considering Imposing 10-25% Tax on Steel Exports
After 30% YoY surge in Chinese steel exports in H1 of 2021 to 37.4 million tonnes, the news of Chinese government imposing a tax on steel exports to cool export is in forefront recently and…
China sees 78.1 million smartphone shipments in Q2 2021; Vivo becomes the leading smartphone brand
International Data Corporation (IDC) has today released a new report revealing data for the smartphone shipments in the second quarter of this year for the Chinese market. It claims that about 78.1 …
Starbucks shares fall on reduced China outlook
Starbucks shares fell 3% in the after-hours session after the company lowered its sales growth forecast for China, its second-largest market outside the U.S. The Seattle-based coffee giant said its …
China floods: Sports brand Erke gear flies off the shelves after US$7.7 million donation to Henan flood relief
A little-known brand in China is enjoying a boost in popularity after donating 50 million yuan to Henan flood relief efforts …
Global Investors Blindsided by China
Beijing’s moves have already wiped out $1 trillion in value from mainland and Hong Kong stocks this month alone. Investors now being split on whether that presents an opportunity to buy in. Bloomberg …
Why Beijing’s latest crackdown should worry foreign investors
China is going after holding companies, usually based in tax havens such as the Cayman Islands, that are designed to get around strict rules on foreign investors in key sectors, including education.
IMAX China Profit, Revenue Rebound As Theaters Reopen
Revenue increased to $53.4 million, up from $6.3 million, the company said in a statement today. More than 90% of IMAX’s theaters in China, the world’s most populous country and second-largest economy …
As China’s population ages, the world’s factory struggles to recruit young migrant workers
For a new generation of Chinese migrant workers, low-paid and labour-intensive factory work no longer has the same appeal as it did for their parents.
Flood-relief donation lifts struggling Chinese brand out of financial funk
Erke is an also-ran sneaker and sportswear brand, but a low-key donation for emergency aid to flood-struck Henan Province was noticed by online shoppers and social media users who started a buying …
Chinese Bike-Sharing Startup Hello Scraps Plans for U.S. IPO
Chinese bike-sharing giant Hello Inc. has formally scrapped plans for a U.S. initial public offering, becoming one of the first big casualties of Beijing’s crackdown on overseas listings.The company …
The 5 Biggest IPO Disasters Of 2021
After a huge slump that lasted several decades, the IPO market appears to be back with a bang. Despite the formidable obstacles posed by the COVID-19 pandemic, the year 2020 proved to be a major…
