According to the president of the Association of Fruit Exporters of Chile AG (ASOEX), Ronald Bown Fernandez, Chile exported a total of 2,567,717 tons of fresh fruits in the 2020/2021 …
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Tightfisted consumers are becoming a worry for China’s economy
As the pandemic ravaged the economy and disrupted lives, the group, named “Have you downgraded consumption today?” has seen its number of users double to 300,000 in a year. China has pegged its …
China cuts independent refinery oil import quotas for first time since 2015
China has issued a new batch of oil import quotas for independent refiners for 2021 that show total annual allowances were lower than last year, a first reduction of import permits since these firms …
Escalation and transformation in the fruit wholesale market in China
The Covid-19 pandemic has been a challenge for the global fruit industry for almost 2 years now, and the global shipping capacity remains the big problem to fruit traders. There have …
Record-Setting Rivian IPO Could Spark More VC Investment Into Red-Hot EV Sector
Electric-truck maker Rivian filed paperwork to go public earlier this month, and is expected to be the largest IPO of the year. That’s especially significant given that Rivian is a pre-revenue company …
BIT Mining’s Subsidiary BTC.com to Exit Mainland China
The announcement comes shortly after Antpool, the largest bitcoin mining pool by hashrate, said it will block internet access from mainland China.
Blockchain boom: Secure payment solution or passing trend?
As the most secure, decentralised transactional system available today, blockchain is gaining ground. But is it really the best option?
China issues 4th round of crude oil import quotas
China’s Ministry of Commerce has recently issued 14.89 million tons of crude oil import quotas to non-state refiners in a fourth batch of allowances for 2021. The four rounds of quotas have been all …
Hundreds of banned crypto miners were siphoning power at China’s state firms
Jiangsu found about one-fifth of some 4,500 internet protocol addresses associated with illegal mining activity belonged to public institutions, …
Fashion Brands Have Gone Quiet on Xinjiang Cotton in Fear of Retaliation
When a fashion industry sustainability group called out China over its treatment of Uyghur Muslims, the idea was to nudge Beijing toward human-rights reforms while cleaning up a troubled corner of the …
Sony will offer a rival smartphone brand’s services on the Xperia 1 III
Sony has announced a partnership with a rival brand in China, giving Xperia 1 III users access to the company’s services.
China is the engine for global economic growth. What happens if it slows down?
China’s economy, amidst electricity shortages, regulatory crackdowns, and a deflating real estate sector, is at a turning point. What will it mean for China, and for the world, if the Chinese economy …
J.P. Morgan: We see some very interesting and robust business models in China
Alexander Treves of J.P. Morgan Asset Management is not too worried about China’s economic weakness. He sees value in this market after the recent hefty selloff.
