How do you come back from the most ferocious digital backlash ever unleashed on a foreign brand in China? Swedish retail giant Hennes & Mauritz AB is trying to answer that question by asking another:…
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China won’t let Putin lose his ugly Ukraine war
Russian President Vladimir Putin requested military assistance from his Chinese counterpart Xi Jinping to fight a war when much of the world is uniting against him.
Lithium battery startup files for IPO in Hong Kong
Chinese EV battery giant CALB plans to IPO in Hong Kong. After a bad year in 2020, the company has ridden on the success of China’s booming EV sales.
War Hits Gazprom’s Export Strategy
Europe’s intention to phase out Russian energy supplies in response to war in Ukraine could force Gazprom to make changes to its long-term export strategy.
US bans import of all China’s Li-Ning products, citing use of North Korean labour
The Chinese sportswear giant’s supply chain is accused of having North Korean ties, a violation of US sanctions.
First Mover Asia: China Equities Woes, Tensions With the US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong’s Hang Seng market has suffered through some of its worst days in more than a decade but have not seemed to affect bitcoin’s price much; cryptos rose slightly as investors waited for the…
China as Russia’s Backdoor to Western Sanctions
As Western sanctions bite deep into the core of Russia’s economy, China is increasingly being viewed as Vladimir Putin’s economic lifeline to sustain the nations economy.
Aluminum Leads Metals Lower as China Lockdowns Threaten Economy
Base metals slid as coronavirus outbreaks in China threatened to curtail the country’s economic output, hitting demand in the world’s top consumer of raw materials.Most Read from BloombergUkraine Upda …
China’s COVID lockdowns set to further disrupt supply chains
As Chinese officials scramble to contain the country’s worst outbreak of COVID-19 since early 2020, they are imposing lockdowns and restrictions that are adding chaos to global supply chains.
It’s Not Deja Vu in China All Over Again
Citywide lockdowns, supply chain fears, and panicky stock markets were the hallmark of this time two years ago. It’s not quite the same today but could be just as world-changing.
China’s COVID-19 Cases Double, Sparking Fears About Economic Fallout
Bus service to Shanghai, China’s business capital and biggest city, was suspended. China’s case numbers are low compared with other major countries. But authorities are enforcing a “zero tolerance” …
A rising China and progressive policies endanger US pharmaceutical innovation
The American biopharmaceutical innovation success story is a fragile one, at risk of being shattered by dual threats of a rising China and American progressivism.
Asia Minute: How long will China’s technology and manufacturing gateway be closed for business?
While COVID cases continue to fall in Hawaiʻi and across the United States, the virus is still disrupting life across much of Asia. And this week there’s a new threat to a number of global…
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