Trucking start-up TuSimple Holdings Inc. is looking to sell its China business for up to $1 billion in hopes of reducing regulatory risk and focusing on its US operations, Reuters reported on Thursday …
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Across China: Gen Z Injects New Life into Traditional Tibetan Costumes
Yangkyi Zhoima often shares her outfits, which combine traditional Tibetan clothing with casual wear, with her 4,000-plus followers on the Chinese m …
China Finds Way to Do Covid Zero While Keeping Factories Open
Just days into a Covid-19 lockdown that bars residents of Shenzhen from leaving their homes, China is allowing some companies to restart factories in the tech hub in a move that may provide a …
Kakuzi bags China export approval seal from KEPHIS
Kakuzi becomes one of the first local entities to secure approval from KEPHIS to process and prepare export-grade fresh avocados for the Chinese market.
China says to protect rights of its telecoms firms after U.S. move
China opposes a U.S. crackdown on its telecom companies, the commerce ministry said on Thursday, after a U.S. regulator stripped Pacific Networks and its ComNet unit of authorisation to provide U.S.
Chinese pledging to back business
China’s government tried Wednesday to reassure jittery investors by promising support for real estate and technology companies after regulatory crackdowns caused stock prices to plunge.
UPDATE 2-NZ’s Fonterra says China demand holding up despite COVID, growth concerns
Demand for dairy products is holding up in China despite concerns about an economic slowdown and the impact of COVID-19 outbreaks, a senior executive at New Zealand’s Fonterra Co-operative Group Ltd …
EU counters steel subsidies resulting from export restrictions on raw materials and transnational subsidies from China
Today, the EU imposed anti-subsidy duties on imports of stainless steel cold-rolled flat products originating in Indonesia and also India. With Indonesia at the forefront, the EU is countering the …
China Baosteel flags lower profitability on commodity volatility
Surging prices of alloys, nonferrous metals and energy have “significantly” dented the profitability for Baoshan Iron & Steel Co Ltd 600019.SS, the t …
China Swiss IPOs as predictable as a cuckoo clock
Three mainland-listed firms, including $23 billion construction equipment maker Sany Heavy Industry , said they plan to sell shares in Zurich. The move fits with Beijing’s push to encourage more …
China trade pact seen lifting Ecuador
A free trade agreement between Ecuador and China will give the Andean country’s economy a boost, experts said. “To promote products such as shrimp, bananas and other fruits, we need this trade …
Feature: Greek wineries eyeing China’s growing market
An exhibitor pours a glass of wine for a visitor at “Oenorama 2022,” an exhibition of Greek wines, in Athens, Greece, on March 12, 2022. Greece’s wine industry has made great strides in recent years,…
Russia may aspire to a China-style internet, but it’s a long way off
As Russia moves toward a highly censored and tightly controlled internet amid its invasion of Ukraine, citizens are finding ways to bypass restrictions.