A Covid-19 outbreak in southern China is curbing activity at some of the country’s biggest ports, stoking fears that further disruption in international trade risk pushing up the price of its exports.
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Chinese grocery app Dingdong Maicai files for U.S. IPO
Chinese grocery app Dingdong Maicai, backed by investors including Sequoia Capital and Tiger Global Management, filed for a U.S. initial public offering on Tuesday, as it seeks more funds to compete …
Satellite photos show rapid construction at military base where US has ‘serious concerns’ about China’s presence
The two new buildings are just north of the site of US-built facilities that were demolished by Cambodia’s government late last year.
China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025
In a new document, China’s internet governance agencies highlighted the country’s effort to establish an ‘advanced blockchain industrial system’ and become a world leader by 2025.
Chinese lidar developer Hesai rakes in $300m funding after halted STAR Market IPO
The Series D round came shortly after Hesai pulled back its attempt for an IPO on Shanghai’s STAR Market this March.
Steel Sector Update – China Exports Normalise On Rebate Cuts: Motilal Oswal
China’s May steel trade data shows exports returning to normal levels, which is reassuring for the regional demand-supply balance. Moreover, iron ore imports plunged 9% month-on-month to 90 million …
The Business Environment in South China and Opinion of the Local Community
In his latest op-ed, Guilherme Campos discusses the current business environment for foreign companies in South China and provides local insights from his base in Shenzhen.
China Aims To Have Worlds Most Advanced Blockchain Technology by 2025 According to New Guidelines
In a move contrasting its stance on cryptocurrencies, China has issued guidelines for blockchain development within the country.
China Closes Its Doors on Crypto: Can the Currency Overcome It?
China ‘s financial-industry regulators placed extreme limitations on cryptocurrency in the country. Immediately following the announcement, Bitcoin fell to $30,000 — down 30 percent from where it had …
China’s furniture exports remain strong
Employees work at a [Photo/CCTV] Furniture exports have extended their earlier strong performance, and even rises in the price of raw materials put some pressure on furniture companies in Jiangsu …
China’s Imports and Exports Surge Less Than Expected
Exports increased by 27.9%, less than expectations of 41.6%. The trade balance stood at 45.53 billion, below expectations of 50.5 billion, though over the previous month’s 42.85 billion.
China aims to accelerate expansion in blockchain industry
China is eyeing to further boost the technological application and industrial development of blockchain over the next decade, according to a guideline released by industrial development and cyberspace …
China’s exports jump 28% in May
China’s exports and imports surged in May and its politically sensitive surplus with the U.S. grew as the pandemic was waning in important markets in the West.
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