It’s hard to see 2023 as a great year for the urban middle-class as global tech-industry layoffs affect jobs and capital availability for startups. Rural demand is anyway sluggish’ …
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China Carmakers Are Ordering Their Own Ships to Get Export Ready
Two of China’s biggest automakers are so determined to ensure their cars make it from factories on the mainland to anyone who wants to drive them they’ve bought their own ships.
China services activity shrinks to 6-month lows – Caixin PMI
BEIJING : China’s services activity shrank to six-month lows in November as widening COVID containment measures weighed on demand and operations, a private-sector business survey showed on Monday, …
China’s Services Slump Extends Into Third Month, Caixin PMI Shows
China’s services activity contracted for the third straight month in November, hitting a six-month low, as prolonged Covid-19 containment measures battered consumer-related businesses and dampened …
2 sci-tech innovation IPOs given the greenlight
China’s securities regulator has approved the initial public offerings (IPOs) of two companies on the science and technology innovation board. Sichuan Biokin Pharmaceutical Co., Ltd. and SWS …
Most crypto companies will ‘crash’ after years of industry Ponzi schemes: Palantir co-founder
More crypto companies are going to fall to Ponzi scheme-style bankruptcy, but cryptocurrency will remain a crucial tool for exchange funds globally, according to one venture capitalist.
Are crypto miners losing faith in Bitcoin? Over 10K BTC dumped
The ongoing crypto winter has been harsh for everyone involved in the overall DeFi space. However, it has been specifically challenging for miners who are …
Why diversification from exporting to China must be a deliberate choice for NZ
OPINION: China’s sluggish economy means that 2022 is set to be its second-weakest year for GDP growth since 1976.
What will Chinese trade data tell us about the economy?
Economists polled by Bloomberg have forecast a year-on-year drop of 7 per cent in the dollar value of China’s imports in November and a 4.4 per cent dip in imports, both of which would mark…
First train service with blockchain technology offers efficiency to China-Laos railway line
located in Southwest China’s Sichuan Province, on Sunday, before heading to Vientiane, capital of Laos, marking the first time blockchain technology was applied to the international intermodal chain.
Hong Kong Polytechnic is now offering MSc in Blockchain technology
Applications are currently being accepted for the Master of Science in Blockchain Technology program at Hong Kong Polytechnic University for the September …
Manufacturing orders from China down 40% in unrelenting demand collapse
Manufacturing orders from China and trade bound for the U.S. have plunged as a demand collapse is expected to continue into 2023, according to global shippers.
The Week in Business: Upheaval in China
The labor market showed continued resilience. President Biden signed legislation averting a rail strike. And a near-total embargo on Russian oil takes effect.
