China has defended its newfound mantle as the world’s largest imported beef market this year. A strong economic rebound after initial COVID-19 disruption and a substantial meat shortage due to African …
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China’s Crackdown On Bitcoin Mining Is Good News For North American Crypto Miners
Bitcoin erased its 2021 gains last week as China ramped up its crackdown on mining of the cryptocurrency, a move that’s expected to help shift the industry’s center of gravity from Asia to North …
Apparel Importers, Like Uniqlo, Tripped Up by U.S. Ban on Forced-Labor Goods From China
Surging enforcement of bans on cotton and other products by customs officers draws complaints from importers about delays and paperwork.
China cuts crude import quotas, and tanker owners feel the chill
Lower crude import quotas of Chinese refiners will add further downwards pressure on the tanker markets, according to a senior analyst. Spot tanker earnings have failed to stay above …
More mills look to export rice to China
As China steps up rice purchases from India, more mills are keen to export the cereal to the neighbouring country. China in 2018 had allowed only 24 Indian rice mills to ship the cereal after…
The Weibo Movie Awards Ceremony and Tiffany & Co. Create an Innovative Brand Partnership in China
The Weibo Movie Awards Ceremony partnered with Tiffany & Co. to capitalize on celebrity power and generate organic engagement from online to offline.
Didi’s US$4 billion IPO order books to close Monday – sources
Didi Global Inc will close the investors order book for its U.S. IPO to raise up to US$4 billion one day early on Monday, according to two sources …
China’s major export hub hit by COVID-19, but strong rebound expected
As businesses and factories in South China’s Guangdong Province face challenges ranging from a resurgence of COVID-19 to rising raw material prices and logistics disruptions, concerns are growing over …
Ban on China’s slave-labor polysilicon should include other supply chains
Particularly troubling are reports of slave labor and genocide in the Xinjiang region of Western China. In response, the Biden administration has now banned imports of polysilicon from Xinjiang. This …
Huobi bans crypto derivatives trading for users in China
Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China. According to the updated user agreement section of the Huobi Global …
China’s net gold imports via Hong Kong slump nearly 59% in May
China’s net gold imports via Hong Kong more than halved in May from the previous month, when they touched the highest level in nearly three years, as demand for the precious metal faltered amid fresh…
China’s actual cotton imports irrelevant to US ban on Xinjiang cotton
Just as the Biden administration is expanding its attacks on China from cotton to other products in Northwest China’s Xinjiang Uygur Autonomous Region, foreign media recently reported that the …
China’s Didi raises $4 billion in New York IPO
MARKET PULSE Didi Global, the Chinese ride-hailing company, is raising $4 billion this week on the New York Stock Exchange an initial public offering that would give the company a …