According to media reports, Adidas’ CEO Kasper Rorsted said, “We do see that the current market demand has been biased towards Chinese local brands rather than global brands.” “Because of geopolitical …
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China eyes wealth redistribution in push for ‘common prosperity’
Since Xi took office in 2012, the ruling party has made it a priority to end poverty and build a moderately prosperous society …
China’s July exports to North Korea up for second month
China’s exports to North Korea rose for the second straight month in July, but were only still a fraction of their pre-COVID levels, data from the General Administration of Customs showed on Wednesday …
Longan exports to China resume
China allowed 56 longan packaging companies to resume exporting Thai longan to China on Aug 17, reversing a ban imposed on Aug 13, according to the Commerce Ministry. Mallika Boonmeetrakook, advisor …
Fitch Affirms Export-Import Bank of China at ‘A+’; Outlook Stable
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of The Export-Import Bank of China (ExIm) at ‘A+’ with a Stable Outlook. The Short-Term IDR has been affirmed at ‘F1+’. The bank’s …
China issues new draft rules to further rein in anti-competitive practices
China’s top market watchdog published a new draft rule to further extend its crackdown on anti-competitive practices. The draft prohibited forced exclusivity, soliciting fake reviews, and protect …
China new energy car output, sales in July hike on year
China-based makers produced 284,000 new energy vehicles and sold 271,000 units in July 2021, soaring 170% and 160% respectively on year, according to the China Association of Automobile Manufacturers …
11.469 billion dollars! China’s lithium-ion battery exports increased by 83.31% in the first half compared with the same period last year.
China’s lithium-ion battery exports increased by 83.31% in the first half compared with the same period last year. [11.469 billion dollars! In the first half of the year, China’s lithium-ion battery …
Biden’s Treatment of Crypto Resembles China’s Crackdown on the Industry
overburdensome regulations and skepticism from the federal government will push the crypto market out of the U.S. This is not speculation. It already happened in China. In May, China ramped up …
China exports oxygen to Russia to help treat COVID-19 patients
China on Tuesday exported its first shipment of oxygen to Russia through the largest land border crossing to help treat COVID-19 patients in Russia. On Sunday the first truck loaded liquid oxygen left …
Tesla Is Developing Blockchain Platform To Ensure Users Can Fully Track Cobalt ‘From Mine To Battery’
Tesla Inc (NASDAQ: TSLA) revealed that it was working with a consortium of cobalt producers to develop a blockchain platform to track the commodity from “mine to the battery.” What Happened: The Elon …
Hengsheng Energy’s IPO to debut on Shanghai Stock Exchange
Hengsheng Energy (605580) to start trading on the Shanghai Stock Exchange’s Main Board Aug 19, tomorrow. The firm has issued 50.00 mln shares priced at RMB 8.38 per share raising RMB 419 mln. Its …
Shanghai Rural Commercial Bank’s IPO to debut on Shanghai Stock Exchange
Shanghai Rural Commercial Bank (601825) to start trading on the Shanghai Stock Exchange’s Main Board Aug 19, tomorrow. The firm has issued 964.44 mln shares priced at RMB 8.9 per share raising RMB …
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