China’s second-largest annual shopping festival broke records last month, generating more sales and attracting more brands than ever before. Held each year around June 18, the 618 promotional event is …
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Iron ore price up despite high China ferrous scrap imports
Iron ore prices continued surging on Monday, propelled by recovering global steel demand. China’s recycled steel imports hit 114,741 million tonnes in May, more than 28 times the volume seen in …
China’s Anta is about to become more valuable than Adidas
At the current rate, Anta will soon overtake Adidas as the second-most valuable sports company in the world, trailing only Nike.
China threatens US retaliation for blacklisting 23 Chinese companies tied to military, Uyghur abuses
On Friday the U.S. Department of Commerce blacklisted 23 Chinese companies connected to human rights abuses and the Communist Chinese military, restricting U.S. firms from doing business with …
TikTok owner ByteDance has reportedly canceled its upcoming IPO as China cracks down on tech companies
TikTok’s owner ByteDance held off on offshore IPO plans after talks with Chinese officials, The Wall Street Journal reported. ByteDance’s founder indefinitely shelved the plans in March. China …
Iron ore price up despite high ferrous scrap imports to China
Iron ore prices continued surging on Monday, propelled by recovering global steel demand. China’s recycled steel imports hit 114,741 million tonnes in May, more than 28 times the volume seen in …
ByteDance met with China officials over data security: Sources
TikTok owner ByteDance met with China officials earlier this year over data security, sources tell Bloomberg News.
Investors in China, Looking At Other Markets as IPO Scrutiny Builds
Chinese regulators’ growing scrutiny of local companies’ overseas IPO’s –namely in the U.S.– are prompting investors to look elsewhere. Funds in …
China is working overtime to build a modern military. Here’s how its armed forces compare to the US’s
The US military still ahead in several important areas, but the Chinese military has its own advantages and is only getting better.
Crypto trading volume fell 43% in June following China’s crackdown on the sector
June saw bitcoin bottom out at $28,908, driven by the Chinese government’s escalating campaign to curb crypto mining.
Chinese brands shine at Euro 2020
Instead of European nations, China has become the ‘real winner’ of Euro 2020, according to a recent commentary in French newspaper Le Parisien, with four Chinese brands – Hisense, AliPay, Vivo and …
China’s Big Tech crackdown is now targeting national security
In a week, Chinese ride-hailing giant Didi Chuxing went from being a US tech darling to the face of news stage in Beijing’s tech crackdown.
Didi Announces Takedown of Additional Apps in China
DiDi Global Inc. (“Didi” or the “Company”) (NYSE: DIDI), the world’s leading mobility technology platform, today announced that: According to the anno …
