It later turned out that “Ma” was not Alibaba co-founder Jack Ma, who has kept a low profile since he was questioned by police during Beijing’s crackdown on big business in late 2020 … for…
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China’s ‘Zero COVID’ Strategy Is Spooking Investors
A number of prominent economists and business leaders are sounding the alarm over China’s “zero COVID” coronavirus strategy, painting a gloomy outlook for China’s economy. The government-imposed …
Chinese espionage campaign targets manufacturers across the world: report
and Pharma manufacturers across North America, Europe, and Asia. Winnti’s malicious campaign, dubbed Operation Cuckoo Bees by Cybereason researchers, is one of the largest intellectual property theft …
China-Backed Winnti APT Siphons Reams of US Trade Secrets in Sprawling Cyber-Espionage Attack
and business units that they could leverage in future attacks, Cybereason says in reports summarizing its investigation this week. The security vendor said it has shared its findings with the FBI, …
China lockdowns are not causing shipping chaos, say liner CEOs
When China’s lockdowns ease, Cox expects the delayed cargoes … But in the first quarter, Maersk took a $718 million hit due to the wind down of its Russia business after the invasion of Ukraine.
Q&A: How China Is Exporting Tech-Based Authoritarianism Across the World
So we’ve got to do something about it. Q: You’ve been particularly vocal about techno-authoritarianism in China — to the extent that you can no longer visit or do business there after officials …
Estée Lauder: Temporary China Disruption Since Q3 FY22 Presents Bargain
Ad management described its North American business as “accelerating” on the Q3 call. Weak sales in China appears to be supply-driven, and the demand for Beauty products remains robust.
Moncler sales surge 60% in first quarter on double-digit China growth
To receive the Vogue Business newsletter, sign up here … with double-digit growth in China despite the lockdowns in some cities, including Shanghai and Shenzhen. Lockdowns in China continued in …
China Eastern: Q1 Earnings Snapshot
SHANGHAI, China (AP) _ China Eastern Airlines Corp. (CEA) on Tuesday reported a loss of $1.22 billion in its first quarter. On a per-share basis, the Shanghai, China-based company said it had a loss …
Across China: “Maritime highway” facilitates China-ROK trade
Korean trailers, after being pulled into port supervision work sites by Chinese tractors, have since last year been able to travel across China without changing tractors after customs clearance, …
Tupperware sales fall 16% amid COVID in China and Russian invasion of Ukraine
“Sales were negatively impacted by the Russia/Ukraine conflict, as well as strict COVID-related lockdowns in China and internal challenges in … illuminated elements within our core direct selling …
China’s Ongoing Persecution of Christians and the Case of Pastor Wang Yi
Yet few outside China know his name. Wang’s church released his statement … He was convicted for “illegal business operations” and “inciting subversion” against the state. Wang’s wife, Jiang Rong, …
Here’s how China’s tech giants are banking on NFTs frenzy despite crypto ban
Non-fungible tokens (NFTs) were the subject of a warning from a collection of Chinese industry associations in the middle of April, cautioning of the possible financial hazards associated with them.