Just this month, former finance minister Lou Jiwei said official economic indicators failed to paint an accurate picture of the economy, and publicly available data did not show how many firms had …
Tagged By export
China’s Live E-Commerce Business May Be Shaken Up as Tax Authorities Punish Top Hosts
As the year’s end approaches, Chinese tax authorities have stepped up scrutiny, fining leading live e-commerce influencers. The harm their public image has sustained as a result may usher in more …
China to stabilise markets, adopt registration-based IPO system
SHANGHAI: China will prevent volatility in capital markets and adopt a registration-based IPO system next year, chairman of securities regulator Yi Huiman told state-backed news agency Xinhua on …
Across China: Sichuan’s tea casts eyes on overseas markets
A total of 340 tonnes of green tea departed from Danling County, southwest China’s Sichuan Province, for Uzbekistan Wednesday, a breakthrough in the export of mid- and high-end tea produced in the …
China raises import quotas for gasoline, diesel for 2022, sources say
China has issued its first refined fuel import quotas for 2022, with gasoline and diesel volumes sharply up from a year ago, and naphtha, a petrochemicals feedstock, largely steady, according to …
Oil Prices Fall After China Cuts Import Quotas
Oil prices retreated on Thursday after China cut the amount of crude oil import quota awarded to independent oil refiners by 11%.
Which Brands Said Bye to China in 2021?
Not every business made it big in China during the pandemic. From beauty brands to fashion retailers, here are five companies that scaled down in 2021.
Philips Fidelio T1 premium TWS with LDAC, ANC launched in China
After releasing two budget smartphones dubbed Philips PH1 and Philips PH2 in China, the brand has now launched a new premium pair of truly wireless earphones in the country. These earbuds are …
China’s ride-hailing firm Didi reveals $4.7-bn loss ahead of IPO debut
Didi, one of the highest-profile targets of a broad Beijing campaign to rein in country’s giant tech sector, reported $6.6 billion of sales, down more than 13% from the June quarter …
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September. Thai entreprene …
China to allow foreign automakers full ownership of brands from next week
The world’s largest automotive market will end a 28-year-old policy, allowing foreign automakers to have full control of their operations without the need …
Didi Global reports widening losses as Beijing restrictions bite
Ride-hailing firm’s operating losses hit $6.3bn as Chinese regulators pursue customer-data inquiry …
Roundup: Digital economy to play spearhead role in China-Singapore economic cooperation
China’s application would enormously enhance the global attention towards digital economy and help maintain and strengthen its competitiveness in this field, said Pang Yan, co-director of the Business …
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