A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use …
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China Opened a National Carbon Market. Here’s Why it Matters.
The program may help China eventually curb greenhouse gas pollution. But making emissions markets work is tricky.
China, Moving Cautiously, Starts Carbon Trading Market
China has begun operating its first nationwide carbon trading market in a step meant to help curb worsening pollution.
China’s exports increase by 32.2%
China’s exports accelerate, outbound shipments increase 32.2% China’s imports and exports posted stronger-than-expected growth in June as global demand for Chinese goods remained solid and sporadic …
Ralph’s cafe brews slow coffee culture, spurs brand
US designer clothing brand Ralph Lauren opened its first Ralph’s Coffee shop in the Chinese mainland in Beijing in April. The coffeehouse is expected to help the company attract more consumers and …
Next China: Chinese IPOs Seek Refuge in Hong Kong
It may be time to end New York’s rivalry with Hong Kong for Chinese IPOs and declare Hong Kong the winner. Over the past two weeks, China has in quick succession slapped Didi with a…
Anonymous announces own crypto: Anon Inu to fight China and Elon Musk
Anonymous will fight the meme war against Elon Musk, and the crypto war against China, with its new DeFi crypto ‘Anon Inu’.
What China’s growing sustainability awareness means for brands
“Young consumers in particular, especially those in affluent cities in China, are showing more care toward the environment.” For brands, the implications are huge in the world’s second-biggest retail …
China set to pass US on research and development spending by 2025
China has been increasing expenditure at an annual rate of 16 per cent while the US has stagnated, according to a US think tank.
China’s Pork Imports Set to Plunge 50% as Local Prices Tumble
China’s record demand for foreign pork is about to crater after domestic prices plummeted, potentially easing pressure on the world meat market and cooling at least one constituent of global food …
US Senate Passes Legislation Restricting Imports From Uyghur Forced Labor
The legislation would restrict the import of all goods made in China’s Xinjiang province, unless it can be certified that the goods were not made with the use of forced labor.
Global Brands lays off at least 78, may shutter Greensboro operations
Global Brands, the company that sold many of its assets to the group that formed Centric Brands, has laid off at least 78 at its Greensboro office and may be faced with shutting down local…
After Didi Fiasco, China Imposes Cybersecurity Reviews on Foreign IPOs
On July 2, the Cyberspace Administration of China announced that it was placing Didi under investigation over data security concerns and ordered app stores to remove Didi, preventing the company from …
