SHANGHAI-Chinese shoppers are crazy for Chanel, according to a new ranking by Agility Luxury Brand Affinity. The French maison was the top-rated brand out of 55 tracked names by the …
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ASIA HRC: Panic selling cuts spot prices despite China export tax talk
Panic selling in the major Vietnamese hot-rolled coil import market has let prices dip below $1,000 per tonne cfr Vietnam for SAE1006-grade materials this week, sources said on May 21. Market …
China extends oil market dominance as tax code forces buying shift
China is set to extend its dominance in the global oil market as planned tax adjustments spark a chain reaction, prompting processors to boost crude imports and raise refinery run rates.
“Pineapples from Guangdong, China, a burst of flavor in every bite” appears on the China Screen of Times Square, New York
Recently, a poster themed “pineapples from Guangdong, China, a burst of flavor in every bite” has been repeatedly aired on a huge screen 19.5 meters high and 12.2 meters wide at the Times Square, New…
China defiant after EU warning over trade agreement
China is rejecting European Parliament demands that it lift sanctions against European Union legislators in order to save a trade deal between the sides …
US might force Samsung to restrict exports to China after building a plant in Texas; complete decoupling unlikely: experts
China should prepare for more pressure from the US after it attracted South Korean semiconductor giant Samsung to build a plant in Texas, as Samsung might be forced to stop exporting talents and …
Iran’s oil exports, on rising trend, drop in May as China buying ebbs
Iranian oil exports, which have been on a rising trend while talks make progress on reviving the 2015 nuclear deal, have dropped so far in May, according to three assessments, reflecting a lull in …
Bitcoin crashes on minor news from China
The abrupt sell-off came amid a plunging market and was widely attributed to a “ban” on crypto in China. As of writing, Bitcoin prices have recovered from the Wednesday drop, but are still far off…
China’s LNG imports from Australia hit record high in April
A pril Australian LNG imports 3.06 mln, up 10% y/y. Australia remains top LNG supplier to China. Analyst expects imports to rise slightly in the coming months. BEIJING, May 21 (Re …
Free eggs, rap and a rare outbreak stoke vaccination surge in China
China vaccinated more people against coronavirus in 10 days than it did in the first three months of this year, after a handful of locally transmitted cases sharply accelerated what had been a languid …
Genesis, Warburg-backed Chinese edtech firm Zhangmen files for US IPO
China’s Zhangmen Education, which is backed by Genesis Capital and Warburg Pincus, has filed for an initial public offering (IPO) to list on the New York Stock Exchange (NYSE) as Beijing tightens …
JD Logistics set to raise US$3.2 billion in Hong Kong IPO
The logistics unit of JD.com will raise US$3.2 billion, after indicating Hong Kong IPO to price at HK$40.36 per share.
China’s obsession with financial secrecy is causing problems overseas … even when it’s giving $55M away
China is once again causing controversy in Africa for doing something that, in theory, should win praise — giving away money.This week, it emerged …
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