China has been increasing expenditure at an annual rate of 16 per cent while the US has stagnated, according to a US think tank.
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China’s Pork Imports Set to Plunge 50% as Local Prices Tumble
China’s record demand for foreign pork is about to crater after domestic prices plummeted, potentially easing pressure on the world meat market and cooling at least one constituent of global food …
US Senate Passes Legislation Restricting Imports From Uyghur Forced Labor
The legislation would restrict the import of all goods made in China’s Xinjiang province, unless it can be certified that the goods were not made with the use of forced labor.
Global Brands lays off at least 78, may shutter Greensboro operations
Global Brands, the company that sold many of its assets to the group that formed Centric Brands, has laid off at least 78 at its Greensboro office and may be faced with shutting down local…
After Didi Fiasco, China Imposes Cybersecurity Reviews on Foreign IPOs
On July 2, the Cyberspace Administration of China announced that it was placing Didi under investigation over data security concerns and ordered app stores to remove Didi, preventing the company from …
China’s bitcoin crackdown: why is it happening and what’s next for the original cryptocurrency?
China’s widespread crackdown on bitcoin has sent the hash rate plummeting and miners fleeing China, but many remain optimistic about the cryptocurrency’s future.
China’s Rising Exports Bolster This Emerging Markets Equity ETF
China’s imports and exports grew in June at a faster pace than expected, as reported by the Wall Street Journal, portending continued economic growth in a country still mired in Covid-19 outbreak …
China Dumping CPUs; Is There No Hope for BTC Miners?
China is dumping CPUs, meaning that even if it were to go back on its anti-mining stance, it wouldn’t have the power to support operations.
US firms in China ‘confused’ by new Biden warning on Xinjiang supply chains risks
The White House update on Xinjiang supply chain risks adds pressure on American companies to cut exposure to the region, but many say compliance will be tricky.
How China’s navy went rogue to get its first aircraft carrier
It took some enormous bribes and liquor, plus years of delays, for China to get its hands on what would become the aircraft carrier Liaoning.
Chinese Lingerie Brand Neiwai Raised $100 Million in Series D Funding
The fresh capital injection will be used to develop products and categories, raise brand awareness and accelerate global expansion.
China widens crackdown on cryptocurrency miners, shrinking country’s share of global bitcoin network
At least three more provinces in China have shut down cryptocurrency mining operations, diminishing the country’s global share of power used to mint bitcoin.
Beijing Proposes Lengthy Cybersecurity Review for Overseas Listings, Creating Potential Boon for Hong Kong IPO Work
A number of Chinese companies have reportedly pulled the plug on their intended listings in the U.S. as a result of Beijing’s heightened scrutiny.
