Another day, another piece of bad news from China. This time, it was the nation’s trade figures which disappointed expectation. The yuan fell further, sending the USD/CNH to almost 7.0000, while other …
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China exports fall as demand slows and lockdowns hit manufacturing
China’s exports significantly missed expectations in August, with the country’s trade surplus shrinking as overseas demand flattened and a new wave of Covid-19 restrictions at home disrupted …
China has seen blockchain’s future and it doesn’t include cryptocurrencies
China’s Blockchain-based Service Network wears two hats in building blockchains: one for business in China and one for everywhere else, but it doesn’t see a role for crypto in either.
China stocks fall as disappointing exports data, COVID weigh
China stocks were unchanged on Wednesday, with gains in chipmakers countering losses in consumer staples, after data showed the country’s exports growth weakened in August.
China’s exports weaken, imports fall amid COVID curbs
China’s export growth weakened in August and imports shrank as high energy prices, inflation and anti-coronavirus restrictions weighed on global and Chinese consumer demand. Exports rose 7 percent …
Tencent-backed Keep Inc, China’s largest online fitness company, renews Hong Kong IPO application
The poor market sentiment has forced many companies to put their IPO plans on hold Keep initially wanted to list in the US last year but decided on Hong Kong because of the tense relationship…
Richard Li’s Insurer FWD Eyeing Hong Kong IPO in 2023, Sources Say
FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, is weighing 2023 as a new target for its long-awaited Hong Kong initial public offering, according to people familiar with …
Chinese Online Fitness Platform Keep Inc. Refiles Application for Hong Kong IPO
By Clarence Leong Chinese online fitness platform Keep Inc. has refiled its application for an initial public offering in Hong Kong to raise funds …
China’s export growth sinks in August, imports shrink
China’s export growth weakened in August and imports shrank as high energy prices, inflation and anti-virus restrictions weighed on global and Chinese consumer demand.
China trade surplus with U.S. narrows to $36.77 bln in August
China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations based on customs data on Wednesday.
China’s trade falters as demand wanes at home and abroad
China’s exports and imports lost momentum in August with growth significantly missing forecasts as surging inflation crippled overseas demand and fresh COVID curbs and heatwaves disrupted output, …
China’s Exports Weaken on Covid Disruptions, Global Risks
China’s export growth slowed more than expected in August as global demand weakened and Covid lockdowns disrupted manufacturing production. Imports barely grew as domestic demand continued to struggle …
Almost 60% of China’s New Specialty Tea Brands Fail Within Three Years
Nearly 60 percent of China’s new style tea startups — those selling beverages such as bubble tea, cheese-foam tea, and coffee-chai — do not survive more than three years. Thirty-five percent go out …
