Industry figures predict China’s shift in cryptocurrencies stance Alipay declared its ban on BTC and other crypto-related transactions in 2019, complying with the Chinese government’s ban on …
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China’s imports post sharpest decline in 14 month in November, largely missing expectations
China’s exports rose 6.7% in U.S. dollar terms from year ago, sharply lower than the 12.7% growth in the previous month and missing the forecast 8.5% increase. Import data surprised with a decline of …
Exclusive: UK regulator’s Shein IPO decision slowed by challenge from Uyghur group
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy …
Audi’s Rebrand in China Points to Bigger Changes in the Auto Industry
The “four rings” turns to “four letters” in China—a choice that also signals deeper shifts in the global auto market, where Chinese automakers now dominate.
Exclusive: UK regulator’s Shein IPO decision slowed by challenge from Uygher group
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy …
China Cuts Key Import From Russia Amid Cooling Trade Relations
“The Russian coal sector has taken a big hit in 2024,” the Centre for Research on Energy and Clean Air told Newsweek.
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measures …
Bitcoin ETF ads spotted on China’s Alipay payment app
Alipay, China’s largest payment platform with more than 1 billion users, reportedly featured Bitcoin and cryptocurrency-related ads for users in mainland China. Many mainland Chinese users saw …
China banned exports of a few rare minerals to the US. Things could get messier.
As you may already know, China banned the export of those materials to the US last week and placed restrictions on others. The move is just the latest drama in escalating trade tensions between the…
China’s Instagram-Style Xiaohongshu Crosses $1 Billion in Profit
Xiaohongshu, the Instagram-style app that took off among younger Chinese during the pandemic, is on track to double profits to more than $1 billion in 2024 ahead of a potential IPO.
Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing
Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million …
China’s Nio, behind on growth targets, aims to tighten cost control
Chinese electric vehicle (EV) maker Nio will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind schedule, its CEO said on Thursday.
A watchdog in China has called out Temu’s parent company for its refunds-without-returns policy
The policy allows customers to claim refunds without returning their items, which merchants say is unfair.
