Before we dive into the world of blockchain, let’s discuss one important thought. Today, blockchain technology and cryptocurrencies are often percei …
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China’s Discount Outlet Sector Grew Faster Than All Other Sales Formats Last Year
China’s sales of discounted luxury goods expanded 8 percent last year, faster than sales in other retail channels, and the sector will continue to grow quickly over the next three years, an industry …
Italian jewelry brand Bvlgari sparks outrage in China over Taiwan question
VCG. Italian jewelry brand Bvlgari has sparked anger in China as Chinese netizens found that the company listed “China” and “Taiwan” in the same category on some ve …
China’s biggest online fitness platform Keep to list in Hong Kong after two failed IPO attempts
SoftBank-backed Chinese fitness platform raises US$40 million from the sale of 10.84 million shares on the Hong Kong stock exchange The Beijing-based company attempted to list in February and …
After 14 Years On Top, China Now Ranks Third For U.S. Imports
The one-two punch has been punishing Trump Administration tariffs and a global pandemic that led to supply-chain issues. President Biden has kept those tariffs in place.
China is knocking on Texas’ door: Here’s how US needs to respond
Armed with predatory loan terms and virtually no accountability, China’s sights are firmly set on the United States’ Latin American neighbors.
CAAM retracts automakers’ pledge to avoid “abnormal pricing” in China
China Association of Automobile Manufacturers (CAAM) recently organized automakers to publicly pledge to compete fairly, especially not setting abnormal pricing. Two days later, CAAM said it realized …
China’s paltry support for private firms leaves its economic backbone in more dire straits than state firms
With state giants faring better than their private counterparts in a post-Covid climate, an official charm offensive could be wearing thin, and it threatens to slow China’s economic recovery.
China’s failed ‘truce’ in EV price war: Explained
China’s auto market, the world’s largest, is on track to reach nearly 25 million vehicles in sales this year with overall growth of about 3%, and the share of EVs and plug-ins is rising fast.
FDA Allows More Cancer Drug Imports From China as US Faces Shortages
US regulators are allowing imports of additional supplies of a cancer drug from China amid a nationwide shortage that has forced doctors to ration care, putting patients’ lives at risk.
FDA to import more Chinese cancer drugs amid shortage
The Food and Drug Administration (FDA) is opening the way for more cancer drugs from China as the U.S. continues to deal with an ongoing shortage in key chemotherapy treatments. A spokesperson for …
Head of crypto firm Circle accepts ban in mainland China, but sees role for yuan-backed stablecoins
Circle co-founder and CEO Jeremy Allaire acknowledged that China is not likely to open up to cryptocurrencies, but said stablecoins could help Beijing in its goal of yuan internationalisation.
Mainland Chinese take advantage of Hong Kong’s crypto grey zones
But the lack of scrutiny of Hong Kong’s OTC shops and their proximity to mainland China, which remained the world’s fourth biggest market for crypto trading in 2022, made it attractive to Chinese …
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