Author: Larry C. Shaw

Yiwu Market, a new mall for affordable Chinese goods, has now opened in Dubai. This first smart free zone market in the Middle East promises to be economical for buyers, wholesalers and retailers. According to the Dubai Media bureau, DP World and the China Commodity City Group, which runs the world’s largest wholesale market in […]

Questions continue to swirl about whether Chinese leader Xi Jinping will attend the 25th anniversary of Hong Kong’s handover from British to Chinese rule and the inauguration of the territory’s new ruler. China’s official Xinhua news agency said Xi would attend the July Day commemorations, but did not say whether he would […]

Placeholder while loading article actions US Treasury Secretary Janet Yellen is at the forefront of calls for a price cap on Russian oil exports. Sounds like a good idea. Don’t expect this to work. Here is the problem. Russia earns billions of dollars by exporting oil. These dollars help fund President Vladimir Putin’s invasion of […]

Prime Minister Boris Johnson’s authority is “running out”, a former Tory MP has said, following the ruling party’s loss of two by-elections. “[Johnson’s] authority is very significantly reduced,” Gavin Barwell told Sky News on Friday. “The Conservative Party looked to Boris Johnson, because they saw him as an election winner, there is not…a deep love […]

10.8 million Chinese graduates to enter labor market in weak economy Youth unemployment at 18.4%, 3 times higher than the overall rate The employment of graduates is a top government priority in the face of stability risks BEIJING, June 23 (Reuters) – Jenny Bai was among the top 10 computer science students from different Chinese […]

FANGLIAO, Taiwan — Lin Chun-lai purchased his grouper farm in southern Taiwan about a decade ago in recognition of mainland China’s growing appetite for live fish. In just a few years, the former electrician made enough money to support his family of four and even open a small inn. Then China abruptly banned all grouper […]

The hospitality industry group estimated the strike will cost the sector between £540 billion and £1 billion © REUTERS The head of Britain’s hospitality trade body has warned that the railway strike “will not be a one-off” for the industry, which is likely to be affected for the rest of the year. “There is talk […]

Iron ore plunged more than 7% in Singapore – giving up all of its gains this year – as steel mills idled their blast furnaces amid growing pessimism about the outlook for demand in China. The steel ingredient has now lost around a fifth of its value in a series of […]

Located in the town of Pochampalli in the Krishnagiri district of Tamil Nadu and surrounded by shoe factories, temples, bakeries, coconut trees and dusty roads, is the new Ola Futurefactory. It takes more than three hours by road and more than 130 km from the technological (tech) center of Bengaluru to […]

India will not allow any unilateral attempt by China to change the status quo or alter the Line of Actual Control (LAC), External Affairs Minister S Jaishankar said on Saturday, while saying that through a huge logistical effort, the country had countered the Chinese in eastern Ladakh. Speaking of the border […]

Police in Gautam Buddh Nagar, Uttar Pradesh, on Friday secured three-day custody of a Chinese national, who was arrested earlier this week for illegal stay in India, and his Indian girlfriend , officials said. Police had requested a week in custody for Chinese national Xue fei alias Kelay (36) and his […]

A model LNG carrier is seen in front of the flag of Qatar in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register SINGAPORE, June 17 (Reuters) – China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion […]

Hong Kong’s Next Digital on Tuesday denied media reports that it sold Taiwan’s Apple Daily news website. The company, which is in liquidation, said in a Hong Kong Stock Exchange filing that it had refuted “certain media reports”. However, its liquidators said the company had divested its Taiwan business for more than NT$300 million (US$10.09 […]

A decision by President Biden to suspend tariffs on imported solar panels made in China for two years, even as the Commerce Department investigates the Asian powerhouse for possible trade deal violations, doesn’t sit well with several company executives solar panels and the State of California. They said the removal of protective tariffs comes now […]

Just over a year ago, with Alibaba under antitrust investigation and political pressure on founder Jack Ma, CFO Maggie Wu was quick to speak to investors of the company’s booming and uncontroversial cloud business. “China is going to be the biggest economy in 10 years, companies and millions of companies will migrate to the cloud,” […]

FILE PHOTO: A staff member is seen at a Tencent booth during an exhibition during the China Internet Conference in Beijing, China July 13, 2021 Chinese tech company Tencent, owner of wildly popular mobile game PubG, has bought a $264 million stake in Walmart-owned Flipkart from co-founder Binny Bansal through its European subsidiary. After selling […]

U.S. Defense Secretary Lloyd Austin underscored U.S. support for Taiwan on Saturday, suggesting at the inaugural Asian Defense Forum that recent Chinese military activity around the self-governing island threatens to change the status quo. Speaking at the Shangri-La Dialogue in Singapore, Austin noted a steady increase in provocative and destabilizing military […]

As labor shortages take hold in the hospitality industry, owners of the Bella Italia chain are turning to robots to provide table service to customers. Big Table Group, which also owns Café Rouge and Las Iguanas, is testing the robot at its Bella Italia restaurant at Center Parcs Whinfell Forest in Cumbria, in the first […]

Benjamin Bai, former vice president and chief intellectual property (IP) and international litigation attorney at Ant Group, recently joined digital asset trading firm, Amber Group, as chief legal counsel. Bai, who will soon be moving to Singapore from Shanghai, was previously a partner and head of regional IP practices at Allen & Overy and Jones […]

NEW YORK, June 8, 2022 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of First High-School Education Group Co., Ltd. securities. (NYSE: FHS) in accordance with and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the March 2021 initial public offering (“IPO” […]

ZEYA’s business model is based on the creation of a zero-pressure RTD alcoholic beverage (ZE – zero; YA – pressure in Mandarin) primarily aimed at a younger audience, seeking to break away from the traditional drinking culture in China, well known for being stressful and stressful, especially in the workplace. “Long drinking in Asia can […]

A Cambodian naval base being built with the help of China will include a part for the exclusive use of the Chinese army, according to a Washington Post article. The Chinese and Cambodian governments have previously denied reports that Cambodia would allow a Chinese military presence at the Ream naval base in the Gulf of […]

By JOE McDONALD, AP Business Writer BEIJING (AP) — Global stock markets and Wall Street futures rose Monday after the slowdown in China’s service industries eased and reports indicated the Biden administration could lift U.S. tariffs. on certain Chinese imports. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong are progressing. Oil prices rose […]

Huawei is facing massive headwinds in India, with no new network deals likely to arise due to the general sentiment against Chinese companies. As European network providers such as Nokia and Erricson prepare for the upcoming 5G rollout, the Chinese multinational may struggle to get the mandatory ‘trusted sources’ label, excluding them from any future […]

“We take the security of our staff and assets very seriously and have robust measures in place which are regularly reviewed,” a spokesperson said. The ministry had suspended purchases of DJI drones at one point, but did not ban them. The Department of Defense had previously used DJI drones, but the purchase would be the […]

Shanghai lifted its two-month lockdown on Wednesday. So far, the coffee chain has reopened about 600 of its 940 stores in the city, according to Starbucks spokesman Jaime Riley. Employees “look forward to serving customers, reconnecting with their local communities and helping to gradually return the city to normalcy,” Riley said, adding that “we are […]

The Chinese mainland has reported 20 confirmed locally transmitted COVID-19 cases, including eight in Beijing and Shanghai in the past 24 hours, according to the National Health Commission report on Friday. Shanghai reported eight confirmed locally transmitted COVID-19 cases and eight asymptomatic local cases on Thursday, the municipal health commission said. […]

2021/22 current operating income up 39.9% vs forecast 38.6% Expects another year of strong growth in 2022/23 Still on target for double-digit organic sales growth in the first quarter – CEO PARIS, June 2 (Reuters) – France’s Rémy Cointreau (RCOP.PA) predicted a strong start to its new financial year on Thursday, with strong demand for […]

HONG KONG: China’s Tencent has told staff it will no longer guarantee them a pay rise on promotion, according to an internal letter seen by Reuters, as it reviews its pay policy as part of a broader cost-cutting campaign. The Chinese social media and gaming giant informed its employees of the policy change on Tuesday […]

Placeholder while loading article actions For years, the US government and US cybersecurity firms have alleged that China was behind brazen hacks that stole treasure troves of sensitive documents. Chinese government officials have denied the claims and repeatedly accused the United States of its own cyber espionage, without providing evidence. That changed in February, when […]

Shanghai authorities pledged on Sunday to allow all businesses to open from Wednesday. The city’s deputy mayor, Wu Qing, announced the easing of restrictions at a press conference, alongside a series of 50 new measures taken to revive the city’s struggling economy. From June 1, companies will no longer need a so-called “white list” approval […]

China’s funding of overseas projects has disproportionately benefited key political supporters of sitting presidents or prime ministers of countries receiving the funds, according to a new book. In the 20th century, China was best known as a recipient of international development funding. Its overseas development program was modest – roughly comparable to that of Denmark. […]

Leaving aside the bloviating at the World Economic Forum in Davos, the event often reflects at least what is happening in the world of politics and markets. This year’s edition was particularly interesting given Russia’s invasion of Ukraine, rising interest rates and, of course, the ongoing COVID-19 pandemic. This year’s buzzword seemed to be “de-globalization”, […]

The new talks “will explore concrete ways to deepen the U.S.-Taiwan trade and investment relationship,” the officials said, emphasizing the institutionalization of cooperation in chain resilience. procurement, labor, environment and sustainable development. An official announcement will come after “coordination and consultations”, according to a senior official. The White House declined to comment. A senior official […]

But what really sets China’s Gen Z apart from previous generations, and poses the biggest threat to multinationals from Sony to Christian Dior and Nike, is their growing nationalism, fueled by Beijing’s desire to flex the growing global influence of the country. This puts governments and businesses on an increasingly delicate footing, lest they find […]

A robot plays the piano at the Apsara conference, a conference on cloud computing and artificial intelligence, in China on October 19, 2021. As China revamps its technology regulations, the European Union is developing its own regulatory framework to curb the AI ​​but has yet to cross the finish line. Str | AFP | Getty […]

Placeholder while loading article actions It’s time investors faced the reality of electric vehicle startups. But what do tank stocks mean for the high-profile, low-cost EV makers that stormed the market last year? Shares of new EV makers, from New York-listed Chinese firms such as Nio Inc., Xpeng Inc. and Li Auto Inc. to their […]

After more than a decade of obstacles to U.S. regulatory inspections of Chinese companies’ auditors, Chinese authorities have been uncharacteristically vocal in recent months about their desire to resolve what has become a major drag on Chinese stocks. listed overseas such as the Alibaba Group. While carrying ltd. and Baidu Inc. The change in tone […]

Placeholder while loading article actions First, the United States withdrew in 2017 from a pan-Pacific trade agreement known as the TPP, which moved forward without it under the new moniker CPTPP. Then the United States stood aside as another regional grouping led by China, called RCEP, came into effect this year. Now, China is watching […]

Russia’s military failure in Ukraine defied almost everyone’s predictions. It was first an abject defeat at the gates of kyiv. Then came the incredible shrinking blitzkrieg, as attempts to encircle Ukrainian forces in the supposedly more favorable terrain to the east turned into a slow-motion battle of attrition. What is important about this second Russian […]

Regardless of size, Indian companies have a rare chance to invest in scale and capacity and expand into international markets. Regardless of size, Indian companies have a rare chance to invest in scale and capacity and expand into international markets. Trade relations between the United States and China have not been at their best in […]

“No matter what you are selling, your business in China should be huge, if the Chinese people who should be buying your goods were doing it.” Never has an “if only” clause carried more weight. In the 85 years since Carl Crow, a Shanghai-based American publicist, wrote those words in his book Four hundred million […]

China’s coal imports from Russia nearly doubled between March and April, reaching 4.42 million metric tons, according to trade data from Refinitiv. Russia has overtaken Australia as China’s second largest supplier since last year and now accounts for 19% of its coal imports, up from 14% in March. Coal imports soared 64% in 2021, and […]