China’s qualified refineries, mostly independent, have been allocated the final batch of crude oil import quotas for 2021 at 14.89 million mt, sources with knowledge of the matter told S&P Global …
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Oil Markets Unfazed By Falling Imports From China
Oil prices continued to climb on Friday despite worrying import data from China, with traders choosing to focus on increasing oil demand elsewhere …
LinkedIn’s China retreat stems from regulatory and competitive pressures as local recruitment platforms prosper
The decision comes just two weeks before China’s Personal Information Protection Law, one of the world’s strictest data protection laws, takes effect.
2 Chinese Stocks to Consider Buying on News of a U.S./China Summit
Though the relationship between the world’s top two economies, the United States and China, has remained rocky over the past several years, a planned virtual summit by the two …
China Once Again Cuts Oil Import Quotas For Indepedent Refiners
Beijing has cut the crude oil import quotas for independent refiners for the rest of the year in the latest move to curb their growing oil market clout …
The United States becomes the largest bitcoin mining center surpassing China
The North American country raised its ‘hashrate’ (or hash rate), according to a report published by the University of Cambridge.
Microsoft has ended LinkedIn in China and plans to replace it with InJobs
With constant pressure from the Chinese government, Microsoft has decided to remove LinkedIn from China in favor of InJobs.
Scandal involving World Bank’s ‘Doing Business’ index exposes problems in using sportslike rankings to guide development goals
The crux of the crisis relates to its Doing Business Index, which ranks the ease of opening and operating companies in 190 countries. In September 2021, an investigation alleged that senior leadership …
China says Evergrande risks are ‘controllable’ in first comments since debt crisis
Chinese officials, including state-controlled media, have kept silent throughout the Evergrande’s fallout, barring the lone comment Friday.
China Won’t Save Evergrande for Many Good Reasons
Many of the country’s debt-laden developers believe they are immortal because Beijing hasn’t proven that it’s serious about reforms.
Firms urged to renew licenses for China export
Taiwanese firms exporting food products to China must register to renew their export permits before Friday next week, as Beijing is to impose new food import regulations next year, officials said …
A Tale of Two DTC Brands: Why Some Soar and Others Crash
This week, activewear label Vuori picked up $400 million from SoftBank, while Scott Sternberg’s basics line Entireworld announced its shuttering. Why did two brands that thrived on pandemic fashion …
Chinese Premier Visited EHang Exhibition Booth at the China Import and Export Fair
The 130th China Import and Export Fair (“Canton Fair”) officially kicked off on October 14 th in Guangzhou, Guangdong Province, China. Chinese Premier Li Keqiang was in attendance at the opening …
