Walmart, Wumart and Alibaba’s Freshippo are streamlining their sprawling hypermarkets and pushing their own ‘private label’ lines.
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China’s factory activity contracts for a 6th straight month as trade tensions weigh on the economy
China has reported its factory activity shrank for a sixth straight month in September, the longest slump since 2019.
China’s factory activity slump extends to sixth month, longest since 2019
The official manufacturing purchasing managers’ index was 49.8, versus 49.4 in August, the National Bureau of Statistics said …
China’s service activity growth moderates, private PMI shows
China’s services activity grew in September but at a slightly slower pace, a private survey showed on Tuesday, with job losses weighing on the sector despite strong domestic and overseas demand.
China’s Zijin Gold surges over 60% in Hong Kong debut after world’s second-largest IPO this year
Zijin Gold is the overseas gold-mining arm of China’s Zijin Mining that operates all of the group’s gold mines outside China.
Huawei to double output of top AI chip as Nvidia wavers in China
Huawei’s current top-of-the-line AI processor boxes two dies into one chipset – a feat of advanced packaging that, in theory, makes the product more powerful. But the process is challenging, and …
China’s supermarket giants using storebrands to lure frugal shoppers, risking price war
Store brands often sell for less than name products by skipping middlemen. Read more at straitstimes.com. Read more at straitstimes.com.
China’s Yadi Zhang pleads guilty to a £5 billion crypto fraud in London
A woman from China Yadi Zhang, a crypto laundering mastermind has pleaded guilty in a London court for her role in what is believed to be the world’s largest cryptocurrency seizure, currently worth …
Chinese billionaire convicted over world’s largest crypto scam
A Chinese fugitive has been convicted for attempting to launder £5.5bn from a house in Hampstead after running what is believed to be the world’s biggest cryptocurrency scam.
Crypto mastermind who wanted to be ‘Goddess’ guilty of ‘world’s largest theft’ after stealing £5.5BILLION in Bitcoin
A CRYPTO mastermind who had dreams of being a “Goddess” has pleaded guilty to money laundering offences after £5.5billion in Bitcoin was seized. Zhimin Qian, also known as Yadi Zhang, …
Chinese Woman Pleads Guilty in UK Bitcoin Laundering Case Tied to $7 Billion Crypto Seizure
A Chinese national charged with laundering bitcoin connected to fraud admitted guilt on the first day of her trial at Southwark Crown Court in London.
US and China Delay Tariff Hikes With 90 Day Truce Extension
Global markets braced as Washington and Beijing neared an Aug. 12, 2025, deadline that threatened to unleash triple-digit tariffs. If no deal was struck, US duties on Chinese goods would have jumped …
Crypto laundering mastermind pleads guilty in London court
A woman has pleaded guilty to laundering bitcoin derived from a £5bn investment fraud she allegedly ran in China, at the start of her trial in London. Zhimin Qian, also known as Yadi Zhang, entered…
