The focus on the domestic market meant processors had little profitability to invest to produce specifically for export markets. Ray Smith, UK Agriculture, Food and Drink counsellor in China, said … ( read original story…
Tagged By export
China’s textile exports topped $150 billion in 2020, up 30%
China’s textile industry expanded emphatically in 2020 despite the COVID-19 pandemic buffeting the global economy. Exports of textiles and apparel climbed more than $290 billion. ( read original story …)
Here’s When Bitcoin’s Bull Run May Expire, According to One of China’s Biggest Crypto Miners
The CEO of one of China’s largest Bitcoin mining companies says his firm is using a variety of models to try and pinpoint when Bitcoin’s current bull market cycle will end, and how high the…
Australia threatens to take China to WTO and backs Boris Johnson’s stance on Uighur abuses
Scott Morrison says China’s 116.2% to 218.4% levies on Australia’s wine imports are ‘retaliation’ … ( read original story …)
Business standing up to China
China is the bad guy. Whoever stands up to China’s misdeeds is the good guy. Those good guys will suffer for their stances, and so, all people of goodwill ought to support them. ( read…
China’s Jan-Feb industrial profits surge in boost to economic recovery
Annual profits at China’s industrial firms surged in the first two months of 2021, highlighting a rebound in the country’s … ( read original story …)
Biden Defines His Underlying Challenge With China: ‘Prove Democracy Works’
At his news conference on Thursday, the president provided a revealing look into how he viewed the threat from Beijing. ( read original story …)
The World This Week: China Boycotts Western Brands
China’s recent boycotting of Western brands that have denounced Xinjiang over forced labor reports was spotlighted on Friday’s The World This Week—and the Chinese Communist Party’s increasingly … ( read original story …)
China extends tariffs on Australian wine exports to five years
China is extending tariffs on Australia wine exports for another five years as relations further sour between Beijing and Canberra. ( read original story …)
China’s Q&A Site Zhihu Drops After IPO at Bottom of Range
China’s answer to online Q&A service Quora, Zhihu Inc., fell 11% in its U.S. trading debut after a $522.5 million initial public offering at the bottom of a marketed range.Zhihu’s American depositary … ( read…
China Celebrities Stoke Nationalist Firestorm Against Foreign Brands Concerned By Xinjiang
A larger number of Chinese celebrities expressed support on Thursday for a nationalistic backlash against foreign-owned consumer goods brands that have expressed concern over the human rights … ( read original story …)
At least 11 US and European brands are under fire and facing boycotts in China for criticizing alleged forced labor cotton practices in Xinjiang
The boycotted brands put out statements pledging not to use cotton from the Xinjiang region in China, allegedly sourced with forced Uyghur labor. ( read original story …)
China’s Q&A Site Zhihu Drops After U.S. IPO at Bottom of Range
China’s answer to online Q&A service Quora, Zhihu Inc., fell as much as 26% in its U.S. trading debut after its $522.5 million initial public offering at the bottom of a marketed range. ( read…
