China’s private refiner Shenghong Petrochemical, a subsidiary of textile giant Shenghong Group, has started trial operation at its greenfield refining complex in east China.
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China Tries to Stoke Consumer Spending With Small Business Plan. It’s the Latest Attempt to Boost the Economy.
China continues to roll out measures to support small businesses … On Monday, central authorities directed local governments to step up a range of measures to assist small business, according to a …
China’s export growth falls sharply as draconian COVID curbs show effect
China export growth witnessed a sharp fall to 39 per cent in the month of April as the draconian COVID-19 curbs that the country imposed in late March in th …
Tech Insider: TikTok Owner Stokes IPO Speculation, Tough New Livestreaming Rules
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. Baidu appoints new cloud chief. Baidu Inc. has tapped ex …
EOS Was the World’s Most-Hyped Blockchain. Its Fans Want It Back
On a Wednesday morning in November, Yves La Rose, a member of the EOS blockchain community, addressed a virtual gathering of China-based users. “EOS, as it stands, is a failure,” he said. Built using …
Chinese e-cigarette maker Aspire Global ditches US$135 million Nasdaq IPO plan as Beijing toughens fundraising rules
Aspire Global, a Shenzhen-based e-cigarette maker that recently branched out into cannabis vaping, has applied to US regulators to pull out of a proposed listing that would have raised US$135 million …
China’s Iron Ore Imports to See Limited Growth in May after Falling in April
China’s iron ore imports stood at 87.28 million mt in March, down 14.5% year-on-year, but up 7.4% month-on-month. Many steel mills resumed their produ …
Chinese brands enhance global profile
A readiness to embrace technological innovation, China’s rapid economic growth and the advantages of a sizable domestic market have been the key factors enabling many Chinese brands to gain …
Export growth slows in China
Imports of American goods advanced 0.9% to $13.8 billion. China’s global trade surplus widened by 19.4% to $51.1 billion while the politically volatile surplus with the United States contracted by 65% …
China: Export growth down to single digits as virus curbs hit factories
China’s export growth slowed to single digits, the weakest in almost two years, while imports barely changed in April as tighter and wider COVID-19 curbs halted factory production and crimped domestic …
China lockdowns, Ukraine invasion delay imports to regional ports
Resurgent Covid-19 cases in key Chinese regions leaves factories shut and travel restrictions re-imposed, constricting supply chains and shipping.
China’s internet users are paying close attention to the crypto crash
While China has banned cryptocurrency trading, its people remain interested in the ups and downs of the crypto market, not least because many of them have found workarounds and continue to buy and …
More Than Half U.S. Firms in China See Lockdowns Hitting Revenue
“We understand China choosing to prioritize health and safety above all else, but the current measures are throttling U.S. business confidence in China,” Colm Rafferty, chairman of AmCham China, said …
