China’s imports and exports plunged in November to levels not seen since early 2020, official figures showed Wednesday, as severe COVID restrictions hit the economy hard.
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China’s imports ban to cost NT$1bn
China’s suspension of some shipments of Taiwanese beer and liquor is expected to cost exporters no more than NT$1 billion (US$32.56 million), Minister of Finance Su Jain-rong () …
China in Blockchain, Web3, and the Metaverse
Describe China’s role in blockchain, Web3, and the metaverse. China’s government has actively promoted the digital technology of blockchain and used it for its sovereign digital currency …
Police in China arrest gang who laundered $1.7 billion via crypto even after Beijing’s crackdown
Police in China arrested 63 people accused of laundering as much as 12 billion Chinese yuan ($1.7 billion) via cryptocurrency Tether.
China-imports 90% of bilateral trade
The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 …
Japan to Join US Effort to Tighten Chip Exports to China
Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery to China, according to people familiar with the matter, a …
China demands tech companies censor social media ‘likes,’ posts amid nationwide protests
Authorities in China are tightening regulation of social media likes and comments this week to stamp out protests against the communist party s strict COVID-19 lockdown restrictions months after …
China suspends imports of Taiwan Beer & certain alcoholic drinks
No more beer exports. According to CNA, the General Administration of Customs of China suspended the imports of popular brands of Taiwanese beer and other alcoholic beverages, inc …
LVMH’s ‘Guochao’ Beauty Brand Cha Ling Crashes Out Of China Market
LVMH’s Chinese tea beauty brand Cha Ling has shuttered its physical doors and official WeChat store as part of its new business strategy.
Credit Suisse’s Greater China CEO to leave bank this week – memo
Carsten Stoehr, Credit Suisse’s chief executive for its Greater China business, is leaving the bank, according to an internal memo seen by Reuters, as it undergoes a global overhaul with big layoffs.
Russia’s logistic logjam worsens in winter, curbs coal exports to China
Infrastructure bottlenecks in Russia worsened with the winter season as rising demand for Asia-bound cargoes amid European sanctions on Moscow led to rail jams and worsened prospects for coal sales to …
Geely’s premium EV brand Zeekr seeks over $1B in U.S. IPO, report says
Zeekr launched its first model, the 001 crossover, last year, aiming to tap into increasing Chinese demand for premium EVs.
Exclusive-Zeekr, a premium Geely electric car brand, seeks over $1 billion in U.S. IPO – sources
Zeekr, one of Chinese automaker Geely’s upmarket electric car brands, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion, three sources with direct …
