More Chinese provinces crackdown on crypto mining this week. Local governments in Qinghai, Yunnan, and Xingjiang issued shut down orders.
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Can Prada Reach 6 Billion in Revenue Without China?
After years of downturns, Prada is going full speed ahead. But can the brand reach $6 billion in revenues over the next four to five years?
Moxy brand makes debut in Mainland China
Moxy expands to Mainland China with additional openings slated for Shanghai, Nanjing, Shenzhen and Xi’an in the next …
Pioneering investor dubbed ‘China’s First Shareholder’ dies
News reports say a former factory worker known as “China’s First Shareholder” after he amassed a fortune trading in the country’s infant financial markets starting in the 1980s has died …
Nato says China presents ‘systemic challenges’ and vows to counter its rise
The North Atlantic Treaty Organization releases a statement a day after the Group of 7 focuses on China as well.
Australia’s top exporting state calls for reset in China ties
Australia’s biggest exporting state on Tuesday urged Canberra to stop antagonising China, the country’s top trade partner, in remarks that came amid escalating criticism of Beijing led by the United …
China ban on Australian coal boosts Indonesian exports
Beijing’s determination to reduce its consumption of Australian exports has helped increase demand for Indonesian coal.
Strategy Analytics: 7 in 10 Smartphone Buyers in China Open to New Brands in H2 2021
According to the latest research from Strategy Analytics, 7 in 10 Chinese who plan to buy a new smartphone in the next six months are open to a comple …
Alibaba health-backed LinkDoc files for US IPO
The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31, according to the filing.
IPO Preview: WalkMe, Atai Life Sciences Highlight Week Of Many Offerings
This week’s IPO lineup could feature a double digit number of companies … PJUT Marketplace and PaiPai Marketplace — help the company as the market leader in China with a market share of 6.6%. The…
China’s independent refineries likely to cut H2 crude imports by 27%
Crude oil imports by China’s independent refineries are likely to fall by 27% in the second half of 2021, S&P Global Platts estimated June 11, as a probe into illegal trading reduces PetroChina Fuel …
Corporate social responsibility should mean offsetting business ties in China
As their power and leverage grows, China’s actions have already proven that they will increasingly demand more deference from businesses that will prove untenable to any executives who believe in the …
Goat milk infant formula maker changes tack to protect exports to China
A decline in the value of finished infant formula products in China has led one goat milk company to change track in order to keep its foot in the door with Chinese consumers. Goat milk…
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