Several companies have spiked plans to list abroad after Beijing ramped up oversight. But the move by regulators also highlights the frailties of an American financial system that is heavily reliant …
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Brands Cut Ties with Kris Wu over Alleged Predatory Behavior
Shanghai beauty brand Kans terminated Wu’s endorsement contract, while Porsche deleted all Weibo posts mentioning Wu on Sunday.
Accor To Use Vegan Pork Brand Zrou To Create New Menus Across Its Hotels In Greater China
Through its vegan pork brand Zrou, Accor aims to modernize the culinary scene across the company’s hotels in Greater China.
Bitcoin network takes a major hit on all fronts following China’s sustained clampdown
Amid China’s unwavering clampdown on cryptocurrencies, several key Bitcoin stats have dropped to previous lows. Total Hash Rate, Miner Revenue, and Network Difficulty plungesAs of July 17, the total …
Record-tampering scandal led to creation of blockchain technology
BEIJING • A scandal in record tampering that toppled a Nobel laureate’s career at a private United States university gave birth to blockchain technology.. Read more at straitstimes.com.
China Jan-June crude imports see first H1 fall since 2013
China’s crude oil imports fell 3% from January to June versus a year earlier, in the first first-half contraction since 2013, as an import quota shortage, refinery maintenance and rising global prices …
China’s Bitcoin Mining Drama Is Over. Why Is Bitcoin Still A Dud?
Bitcoin is still not doing great. China can be blamed. Here’s when Bitcoin recovers, Fed and China’s Central Bank be damned.
Indian steelmakers set to gain as China weighs taxes on exports
China’s steel exports rose 23% in June to 6.5 million tonnes (mt) from the preceding month (75% from a year ago) despite the removal of export rebates, according to the trade data released by the…
China’s Exports Rebounded in June Despite Shipping Delays
China’s exports and imports showed unexpected growth at the same time that massive disruptions rocked Southern China. This could be a sign of recovery after an economic slowdown caused by delays at …
China’s Opaque Oil Data Leaves Markets In The Dark
China saw its first-half crude imports drop year over year for the first time in a first half in eight years, sparking concerns in the market that purchases from the world’s largest oil importer …
China’s Export Growth Unexpectedly Accelerates in June
China’s export growth unexpectedly picked up in June, shrugging off the impact of port disruptions in southern China and helping to underpin the economy amid signs the recovery is starting to slow.
China’s export growth quickens as global vaccinations, easing lockdowns lift demand
China’s exports grew much faster than expected in June, as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays.
China imports 6.72 mln tonnes of LNG in June
China’s imports of liquefied natural gas (LNG) saw steady growth in June, data from the General Administration of Customs (GAC) showed Sunday. LNG imports totaled 6.72 million tonnes last month, …
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