Demand for raw materials has surged in China as the economy has recovered from the coronavirus pandemic, but that has increased costs for smaller downstream manufacturers.
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China approves 3 new IPO submissions
China’s securities watchdog has accepted the initial public offering (IPO) applications of three firms. The China Securities Regulatory Commission stated in a report that Qilu Bank …
Honeywell to pay USD13 million to settle alleged export violations
The United States said on 29 June it will cease defence exports to Hong Kong and look to restrict tr… China’s top legislative body has voted in favour of the country’s bid to join the…
China Tensions Spill Over as Europe Moves Toward Biden’s Side
EU’s executive branch and Germany have each formulated legislation that would make life harder for Chinese entities to invest.
Cliff Walkers Set IMAX China Labor Day Holiday Local Title Opening Record With 25 Million RMB(4 Days), Strong WOM Drives Box Office Surge
May 2021 – Following the stellar New Year and Chinese New Year holidays, IMAX China（HKSE：1970） announced today another strong box office over the Labor Day Holiday. As of May 3rd , the …
China wants to cut steel production volume; abolishes export rebates
The Chinese Ministry of Finance and the State Administration of Taxation (customs tariff commission) announced a total abolition of export rebates (13% on VAT) with effect from May1, 2021 on 146 steel …
China’s blockchain industry embraces influx of young talents
Driven by national policies, basic technology upgrading and mounting demand in downstream applications, China’s blockchain industry has been evolving continuously since its landing, achieving a high …
Honeywell Fined Millions Over Exporting Sensitive Info On F-22, F-35, And More To China
The rare extradition of one of China’s intelligence agents is a major victory for the U.S. government amid strained ties with Beijing. While being able to export advanced unmanned air combat systems …
China’s audit of apple export sites over, now we wait as seafood halts continue
A round of new Chinese government food safety audits which have spooked New Zealand’s economic lifeblood primary export sectors have been completed on apple exporters with formal findings expected …
Australian LNG Exports To China Are Bouncing Back
Chinese imports of Australian LNG are bouncing back following a long period of tensions between the two nations …
2020 Was a Record Year for U.S. Crude Exports
Since the lifting of the crude oil export ban in 2016, U.S. oil exports to Asia have gone from near zero to 45% of total exports.
Fidelity Halves Its Ant Group Valuation After Beijing’s Clampdown
The U.S. mutual-fund giant has drastically changed its view of what Jack Ma’s Ant Group is worth after China’s regulatory crackdown on the fintech giant severely dented its growth prospects.
Kelly Evans: Taking crypto seriously
Still, these new blockchains and crypto coins have a ways to go before they’re fully ready for widespread use and adoption. Each coin has its own approach to “monetary policy,” for better or worse.
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