BEIJING :China’s factory activity unexpectedly shrank in September as high raw material prices and power cuts pressured manufacturers in the world’s second-largest economy, while the services sector …
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China factory activity unexpectedly shrank in September amid higher material prices, power cuts
Manufacturers are facing heightened costs, production bottlenecks, and more recently, electricity rationing.. Read more at straitstimes.com.
Power Shortages Take the Juice Out of China’s Manufacturing, Caixin PMI Shows
Activity in China’s manufacturing sector held steady in September from the previous month, a Caixin-sponsored survey showed, as a power shortage and rising raw material prices dampened factory …
China’s vaccine push falters as many countries switch to mRNA shots
U.S. and Europe instead, as concerns mount about Chinese vaccines’ efficacy against the delta strain and the Western stranglehold on mRNA supplies grows looser. That preference may already be showing …
U.S., EU agree to work on chip supplies, tech rules, China trade
The United States and European Union agreed on Wednesday to deepen transatlantic cooperation to strengthen semiconductor supply chains, curb China’s non-market trade practices and take a more unified …
Weird Stuff In China
China is doing some weird stuff these days. It’s clobbered its companies by introducing new regulations, rubbishing its billionaires, scuppering IPOs and i …
How China’s crackdowns are impacting business
Hardly a day has gone by in recent months without news of a fresh crackdown on one part of the Chinese economy or another.The slew of announcements of tough new regulations and the stringent …
Honor is now the 3rd largest Smartphone Brand in China
Honor has now become the third largest smartphone brand in China. The company has managed to beat Xiaomi in the month of August 2021 as its sales grew by 18 percent in its home country.…
Taking America’s Oldest Luxury Brand Into the Future
Mark Cross CEO Ulrik Garde Due details what’s been done and what’s ahead at the enduring handbag and accessory brand.
China seeks to quell power crunch fears, as coal prices soar, winter nears
China on Wednesday demanded railway companies and local authorities raise their game in shipping vital coal supplies to utilities, as regions key to the world’s no. 2 economy grapple with power cuts …
Year to date global IPO activity exceeds full year 2020 deals and proceeds
The global IPO market continued to boom through Q3 2021, resulting in the most active third quarter by deal numbers and proceeds in the last …
China’s Boozy Work Culture Fuels #MeToo Outcry at Alibaba, Didi
Chinese business dinners often involve lots of alcohol, not unlike the boozy work meetings of 1960s New York featured in Mad Men. Erine, now 33, was the only woman at the table, and she says…
US should do ‘exact opposite’ of China on crypto, says Andreessen Horowitz’s Katie Haun
At CNBC’s Delivering Alpha conference on Wednesday, investor Katie Haun said the U.S. should see China as a cautionary tale when it comes to regulating crypto.
