BEIJING – Chinese car brands maintained steady expansion in sales and gained a larger market share in May 2022, industry data showed. A total of 620,000 Chinese-brand passenger cars were sold last …
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Nike Ends Running App In China Indicating Uphill Struggle
Nike’s popular running app has announced the suspension of its services in China. Is the sportswear giant losing even more footing in the local market?
Chinese football is a poor imitation of global product. Why didn’t they follow the ‘Made in China’ route?
A less than pragmatic approach ensured China’s modern football product was pitched at such a high entry point it struggled to establish, let alone maintain, a footholdThere was time when the “Made in …
All the Wrong Moves: Biden’s China Policy
US President Joe Biden has wrapped up his first trip to Asia. He met with new South Korean President Yoon Suk-yeol to shore up the alliance between their …
China allegedly made a breakthrough in protecting blockchains from quantum attacks
ChainMaker, a Chinese blockchain platform, claims to have developed new technologies to protect it against quantum assaults.
China slowdown to put pressure on metal and energy commodities
Though May import data points to a decent growth in dollar terms, its GDP is likely to plunge to 4 per cent While lockdown-related restrictions in parts of China in recent months caused a slowdown…
China’s Securities Regulator Denies Conducting Review Of Ant Group’s IPO
China’s securities regulator said that it isn’t currently reviewing nor conducting research to revive the initial public offering of billionaire Jack Ma’s Ant Group, after multiple media reports …
China-made mobile phones gaining popularity in Russia
Major China mobile phone brands are seeing robust demand in Russia lately. Xiaomi, Realme and Honor alone accounted for almost half (42%) of Russia’s …
Beijing gives initial nod to revive Ant IPO after crackdown cools: sources
China’s central leadership has given billionaire Jack Ma’s Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said, in the clearest …
Alibaba leads tech slide in Hong Kong as China, Ant Group deny IPO revival plans while Nio sinks after EV forecasts underwhelm
Tech stocks lead a slide in Hong Kong on concerns Chinese authorities are still keeping a tight rein on the industry, tempering recent optimism about an easing in crackdown.
China’s Xi backs zero-Covid policy as Shanghai expands mass testing
President Xi Jinping said China must stick “unswervingly” to its zero-Covid strategy, as more than half of Shanghai’s 25 million lockdown-weary residents gird Friday for a weekend virus testing drive.
China’s foreign trade rebounds amid stronger economic recovery momentum
China’s foreign trade rebounded in May, a sign of overall recovery as the government’s policy package to stabilize the economy while containing COVID-19 resurgences started to pay off. The country’s …
China’s exports rebound in May
BEIJING: China’s exports grew at a faster pace in May than the previous month as Covid disruptions to production and logistics eased. Exports in dollar terms grew 16.9% in May from a year earlier, …
