President Xi Jinping’s push to redistribute wealth in China through a “common prosperity” campaign has unsettled some luxury market investors. It has cast a shadow over an industry that counts the …
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China Struck By Diesel Shortage
There is one recurring problem with central planning: the greater the level of intervention, the worse and more widespread the unexpected adverse consequences. Just two days ago, when we reported …
China’s Demographic Problem Set To Torpedo Its Economy, Report Warns
The big problem is that the country is going to run out of its most productive workers. Ultimately, this means that growth will start grinding to a near crawl, at best. “Most analysts believe China…
Huobi Exchange Halts Futures & Derivatives Trading in China
Huobi is the largest cryptocurrency exchange in China, but the crypto ban has now forced it to shut down futures and derivatives trading.
Should we surrender to China now to get it over with?
As those in the U.S. media, government, military, corporations and entertainment platforms exponentially elevate social justice and equality as some of our greatest concerns and even threats, do any …
China to continue expanding practical cooperation with Italy: FM
China is ready to continue expanding practical cooperation with Italy, and hopes that Italy could provide open, fair and non-discrimination business environment for Chinese-funded enterprises, Chinese …
How Epson echoes China’s call for environmental protection
CGTN sat down with Akihiro Fukaishi, president of Epson China, and talked about his expectation for this year’s CIIE and how the company’s strategy in China is echoing the government’s call for …
Indonesia’s J&T Express buys Chinese rival Best’s logistics business amid price war centred in manufacturing hub of Yiwu
J&T Express announced a US$1 billion acquisition of Best’s logistics business, which has suffered ballooning losses amid an industry price war in China.
China Oceanwide’s creditors seize control of stalled San Francisco skyscraper after developer’s US$334 million default
While investors watch to see how China Evergrande Group resolves its debt crisis, Oceanwide is in trouble with US$3.5 billion of US projects that are idle or nowhere near finished.
China’s Xi calls for COVID-19 vaccine mutual recognition
Chinese President Xi Jinping on Saturday called for mutual recognition of COVID-19 vaccines based on the World Health Organization’s emergency use list, according to a transcript of his remarks …
China will suffer a loss of ₹50,000 crore on exports this Diwali: CAIT
Speaking about the Diwali festive period, the Confederation of All India Traders (CAIT) said that it has given a call of ‘boycott Chinese goods’ this year. “It is certain that China is going to suffer…
Pakistani rice export to China breaks previous records: Pak Consul General
Pakistani exports to China are registering a significant increase and export of Pakistan rice to China during the first nine month of current financial year has broken previous records, said Pakistan …
Cryptocurrency adoption: Time to say yes to crypto? Experts discuss growth, regulation
The world over several countries have taken bold steps to recognise cryptocurrencies. These include Singapore, the European Union, United Kingdom, Japan, Canada.
