Any possible disruption may impact categories such as air conditioners and LED TV panels, where a high proportion of components are sourced from China.Leading electronics manufacturing firm Dixon …
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Exports to China no longer subject to Covid testing
Vietnamese exports to China will no longer be subject to Covid testing from January 8th, the Ministry of Industry and Trade has announced.
China manufacturing contracts sharply as COVID infections soar
China’s factory activity shrank for the third straight month in December and at the sharpest pace in nearly three years as COVID infections swept through production lines across the country after …
Suzhou Taihusnow Silk’s IPO to debut on Beijing Stock Exchange
Suzhou Taihusnow Silk (838262) to start trading on the Beijing Stock Exchange Dec 30, tomorrow. The firm has issued 9.20 mln shares priced at RMB 15 per share raising RMB 138 mln. Its …
China to Launch State-Run NFT Marketplace
The upcoming new year will see China debuting its first state-run NFT marketplace, known as the “China Digital Asset Trading Platform,” a secondary trading market for digital collectibles. On January …
Crypto collapses, Mone’s masks and golden goodbyes: the 2022 Observer business awards
The Conservative peer’s peerless public service work, Sam Bankman-Fried’s strange love life and Elon Musk, as usual, feature highly in this year’s prestigious honours list …
China’s Huawei sees “business as normal” as the effects of US sanctions lessen
Huawei predicted it’s 2022 revenue would remain unchanged, indicating that the sales decrease brought on by US sanctions had stopped …
China’s manufacturing shrinks for 3rd straight month amid COVID woes
China’s manufacturing activity shrank for the third straight month in December as COVID-19 infections continue to sweep across the country, after Beijing loosened restrictions.
Qingdao Sunsong’s IPO to debut on Beijing Stock Exchange
Qingdao Sunsong (831195) to start trading on the Beijing Stock Exchange Dec 30, tomorrow. The firm has issued 16.36 mln shares priced at RMB 11 per share raising RMB 180.01 mln. Its price-to-earnings …
India monitoring pharma exports to China amid COVID surge
India’s Ministry of Commerce has been asked to monitor exports of medicinal products and equipment to China to ensure domestic availability for any COVID-19 surges, according to a source familiar with …
Made-in-China labels become a problem for Meta’s anti-China stance
Company officials have discussed in recent months different strategies to avoid having a “Made in China” label, to avoid political blowback as well as tariffs.
China’s manufacturing activity drops despite lifted Covid restrictions
China’s manufacturing activity contracted sharply in December for the third month in a row, according to official figures released Saturday, despite Beijing’s loosening of Covid restrictions at the …
Export ban means Chinese firms will have to build plants in Zimbabwe to process lithium
Harare has barred exports of the metal – used in electric-vehicle batteries – in its raw form as part of efforts to have it processed locally Observer says facilities will cost hundreds of millions of…
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