Chinese foreign exchange police have busted an underground banking syndicate offering illicit forex services via cryptocurrencies.
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Half of Russia’s 2023 oil and petroleum exports went to China – Russia’s Novak
Half of Russia’s oil and petroleum exports in 2023 will have gone to China while India’s share has risen in two years to 40%, Russia’s state news agencies cited Deputy Prime Minister Alexander Novak …
Michael Kors Taps Chinese Actor and Singer JC-T as Greater China Brand Ambassador
The 33-year-old performer will be featured in upcoming campaigns with additional social media collaborations and appearances.
China’s BYD to overtake Tesla as world’s most popular electric car maker
It’s further confirmation of China’s growing clout in the global automotive industry. Read more at straitstimes.com.
China’s industrial profits post double-digit gains but recovery uneven
China’s November industrial profits posted double-digit gains as overall manufacturing improved, although soft demand continued to constrain business growth expectations, emboldening calls for more …
Jiangsu reports robust expansion in ship exports
East China’s Jiangsu Province, a leading ship exporter of the country, exported various types of ships worth a total of 60.76 billion yuan (about 8.56 billion U.S. dollars) from January to November …
China Sanctions US Firm, Two Researchers Over Xinjiang Work
Chinese companies were also barred from working with Kharon, Xu or Morgret. The moves are largely symbolic because Kharon and the two individuals are unlikely to have much business or property in …
China Insight: Where Is China’s Consumer Market Headed?
What mostly concerns the fashion and beauty sectors in China is consumer psychology and future trends reflected in this year-end promotion season as a turning point this year and next, rather than …
AstraZeneca buys China-based Gracell for $1.2B
Anglo-Swedish pharma giant AstraZeneca will acquire China-based cell therapy biotech Gracell Biotechnologies for $1.2 billion. Why it matters: AstraZeneca, one of the biggest drugmakers in China, …
China is shoring up the great firewall for the AI age
The Communist Party has created a thriving but sanitised digital economy. Can it do the same with artificial intelligence?
Tepid IPO Market Shows Little Sign of Strengthening Heading Into 2024
As of Dec. 19, 108 companies have priced IPOs in U.S. markets, a 52% increase from the same time last year. That’s the third-fewest in the past decade and 73% lower than the record highs…
Microsoft’s cozy AI ties with China raise eyebrows on Capitol Hill: ‘Make the world less safe’
Microsoft President Brad Smith’s low-profile trip to China earlier this month has renewed concerns about its business in the country.
A New Tax on Imports and a Split From China: Trump’s 2025 Trade Agenda
Donald J. Trump plans to sharply expand his use of tariffs if he returns to power, risking disruption to the economy in an attempt to transform it.
