According to foreign institutions, China has increased oil import from Russia, Iran and Venezuela in May while its oil import from Africa, Brazil and the United States has declined.
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China Is Becoming the Biggest Challenge for Luxury Brands
As consumer expectations evolve, brands are feeling the heat. The “all eggs in one basket” strategy that fueled growth in 2021 is now looking precarious.
Quantity over quality: China faces power supply risk despite coal output surge
The world’s top coal consumer relies on coal for 60% of its electricity. Last year, lower domestic coal production led to a weeks-long power crunch that hit manufacturing across the world’s No. 2 econ …
Biden’s Policy Toward China Is A Road To Self-Destruction
President Joe Biden’s administration appears determined to project the image that United States remains the world’s hegemon regardless of cost or …
Australia’s leading wine authority to close office in China as exports plunge
Australia’s leading wine industry body Wine Australia will be closing a key office in China after sales continue to tank.
US Ban On Imports From China’s Xinjiang Region To Take Effect
Washington, June 21 (IANS) Imports from China’s Xinjiang region are due to be banned in the US from Tuesday as new rules come into forced. Under the the Uyghur Forced Labor Prevention Act (UFLPA …
Russian oil exports to China soar to record
STORY: Russia became China’s biggest supplier of oil in May.Crude oil imports from there soared 55% from a year before to a record level.It means Moscow has now retaken the top spot from Saudi Arabia…
China’s WeChat bans crypto and NFT-related accounts
The punishments handed out by WeChat for crypto and NFT accounts will depend on the severity of violations, and the accounts will be given time to rectify their activity.
Analysis: Quantity over quality – China faces power supply risk despite coal output surge
China could face further power shortages this summer despite taking drastic measures to boost coal production, as much of the new supply is of lower quality than before and burns more quickly in power …
China goes all out to bolster employment for college graduates in record year
In a year when a record 10.76 million graduates stream out of colleges, China is living out its jobs-first commitment to helping them enter the workforce against COVID-19-induced snarls. This …
Two Sigma Ramps Up China Hedge Fund Push After 22% Return
Two Sigma Investments is stepping up its bid to tap the wealth of Chinese investors by asking them for a fresh round of cash for its outperforming fund and expanding local headcount. Most Read from…
Chinese court invalidates 2019 car sale made using now worthless crypto token
Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards … evolved into what is known now as China’s cryptocurrency ban, the Shanghai …
Why use of social media to market fashion in China and West is so different – the hard sell from influencers doesn’t work in US or Europe … yet
In the West fashion brands use social media to raise awareness of products rather than sell directly, the opposite of what they do in China through influencersChinese customers respond to product …
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