China is preparing a support package worth more than 1 trillion yuan ($143 billion) for its semiconductor industry, three sources said, in an important step towards achieving self-sufficiency in chips and to counter the moves US aimed at slowing down its technological progress. The sources added that Beijing plans to roll out one of the … Read more
Chinese imports and exports also contracted in November. Due to high inflation, the demand for products has decreased. In addition, the strict corona policy has shaken companies and disrupted supply chains. In October, both exports and imports fell for the first time since May 2020. Exports fell by 8.7% in November compared to a year … Read more
JD.com Announces Salary Cuts for All Executives l Million Dollar Marketing l 11-26-65 JD.com, China’s Largest E-Commerce Firm Get Ready to Cut Salaries of Over 2,000 Senior Managers in 10 and 20% starting next year. This money will be spent on employee welfare. This is in line with the Chinese authorities’ policy of promoting shared … Read more
In 2021, the Netherlands imported goods from China worth 48 billion euros. This was reported by Statistics Netherlands and the Central Planning Bureau (CPB). That is 8.3 billion euros more than last year. China has become increasingly important for Dutch imports of goods. In 1988, imports of goods from China accounted for only 0.5% of … Read more
Jakarta – 2nd largest economy in the world, China, is on the verge of crisis. This condition is caused by many factors, ranging from the Covid-19 pandemic to global geopolitics. On the other hand, Indonesia has a fairly close trade relationship with the bamboo curtain country. So, can this condition be passed on to RI? … Read more
After lithium prices rose due to supply chain difficulties, low-cost sodium-ion batteries became attractive to many related parties within the Chinese market.On September 18, the Chinese battery company, Catel, revealed that the upstream manufacturing supply chain for sodium-ion batteries will be completed and go into production next year, and that research continues to improve production. … Read more
BEM expects 12 months 66 to develop as substantially as prior to the covid Passenger welcome by prepare – Expressway in recovery Business enterprise effectiveness in the next half of the company ought to profit from the opening of the city. start in the company “Expressway and BTS SkyTrain” We clearly see the volume of … Read more
Oil charges fell extra than $ 2 on Tuesday right after disappointing economic facts from China, the most important buyer of crude oil, reignited fears of a world recession and as the sector waited for far more clarity on talks to revive a deal that could allow extra oil exports from Iran. Brent crude futures … Read more
Oil prices fell additional than $ 2 on Tuesday after disappointing financial info from China, the biggest purchaser of crude oil, reignited fears of a world-wide economic downturn and as the market place waited for more clarity on talks to revive a offer that could let extra oil exports from Iran. Brent crude futures fell … Read more
Published on : 30/07/2022 – 11:04Modified : 30/07/2022 – 11:08 – Yang Huiyan, majority shareholder of Country Garden, one of China’s largest real estate groups, has seen his wealth halve in just one year. A reversal of fortune which illustrates the difficulties of a Chinese market now closely watched by the Beijing authorities. Explanations. She … Read more