China has once again cracked down on cryptocurrency, this time by banning the mining and trading of Bitcoin and other digital currencies. The latest move …
Tagged By import
China’s Zhejiang sees robust trade with strong private sector contribution
HANGZHOU – East China’s Zhejiang province reported robust foreign trade growth in the first half of 2023, with the private sector contributing 79.7 percent of total trade, local customs authorities …
China announces steps to boost sales of cars and electronics
As China’s post-pandemic economic recovery slows, policymakers identified the country’s automobile sector as a key lever to shore up growth.
Crypto Funds Linked to Fentanyl Trade Come Mostly From Centralized Exchanges: Elliptic
Blockchain analytics firm Elliptic found that most crypto funds used in the fentanyl trade can be traced to centralized exchanges.
UPDATE 3-China imports record Russian crude volumes in June despite narrowing discount
China’s imports of crude oil from Russia hit an all-time high in June, Chinese government data showed on Thursday, with refiners continuing to snap up Russian ESPO even as discounts against …
Investors are worried the U.S. is losing its crypto edge as regulators crack down. Here’s why those fears may be overblown.
Investors are worried that as Washington dilly dallies around crypto, the U.S. is losing its competitive edge to the rest of the world.
China’s rare earth imports from Myanmar surge in first half of 2023
China’s imports of rare earths from No.2 supplier Myanmar have surged this year, customs data showed on Thursday, as the world’s biggest processor of the minerals steps up production for its growing …
Carmakers Race to Meet Targets in China as Price Cuts Backfire
China’s top automakers are falling behind their sales targets, suggesting the price war that embroiled the world’s biggest car market in the first half of the year will persist as manufacturers race …
China’s sushi eateries struggle with import controls on Japanese seafood
“We have no choice but to rely on black-market channels,” the head of a sushi restaurant in Shanghai said. The establishment uses high-end sushi made from authentic Japanese seafood as a selling point …
Russia-China ties deepen as Beijing buys a record amount of oil from the warring nation in the first half of 2023
China has emerged as a major buyer of Russian energy commodities since the war in Ukraine began, and has been snapping up cheap crude oil.
China’s growth model is no longer suited to the global economy, Mohamed El-Erian says
“First, as the most recent trade data show, the global economy no longer supports China’s domestic growth dynamics,” El-Erian said, noting that Chinese exports in June dropped 12.4% and imports …
China doesn’t want trade war with US but will retaliate against new restrictions, ambassador warns
The Chinese ambassador to the U.S. told Aspen Security Forum attendees on Wednesday that while China does not want a trade war with America, it will retaliate against additional curbs.
China’s Cosmetics and Personal Care Market: Key Trends and Business Outlook
China’s cosmetics and personal care market is projected to expand to US$78 billion by 2025, offering many opportunities for foreign brands.
